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The Latest Breaking News from Gas Prices

What causes high gas prices?

The price of crude oil is the single biggest contributor to the retail price of gasoline.

USAFacts

Nat-Gas Prices Little Changed on Forecasts for Seasonal U.S. Temps

October Nymex natural gas (NGV23 ) on Friday closed -0.003 (-0.11%). Nat-gas prices Friday gave up an early advance and closed slightly lower after updated weather forecasts called for seasonal temperatures to return to the central and eastern U.S. by the end of next week. Nat gas prices Friday initially...

Barchart

Nat-Gas Prices Fall Back on Bearish EIA Report

October Nymex natural gas (NGV23 ) on Thursday closed -0.028 (-1.00%). Nat-gas prices Thursday fell back on the bearish EIA report of +32 bcf, which showed a larger build than expectations of +26 bcf. However, nat gas prices continued to have support from forecasts for excessive heat to return to...

Barchart

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Chinta Mohan welcomes Sharmila-Gandhis meet

Chinta Mohan welcomed Y.S. Sharmila's meeting with Sonia and Rahul, saying it will help unseat Modi govt. He termed the Modi govt's reduction of cooking gas prices as too little, too late. He says Congress will ensure supply of cooking gas at ₹500/cylinder if voted to power. He accused the…

The Hindu

Are Coal Prices Setting Up for an End of the Year Rebound?

After reaching highs in 2022, coal prices have come back down to earth. Climate change has caused the U.S. and Europe to inhibit the production and consumption of all fossil fuels. Still, coal has long been the least favorite hydrocarbon and a four-letter word in the traditional energy market.

Barchart

Devon Energy Stock Remains Attractive with its 3.88% Dividend Yield

Devon Energy stock has held up with its present 3.88% dividend yield. Oil and gas prices have risen implying cash flow could be higher. Its fixed and variable dividend could be stable here.

Barchart

Is Seasonality A Compelling Reason to Buy Natural Gas?

After trading below $1.95 per MMBtu in April 2023, nearby U.S. natural gas prices briefly eclipsed $3 in August before correcting. Natural gas traded to over $10 per MMBtu in August 2022 before collapsing. The April bottom came during a seasonally weak period, and natural gas is moving toward a…

Barchart

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Nat-Gas Prices Jump as Sweltering Temps Grip the Central U.S.

September Nymex natural gas (NGU23 ) on Monday closed +0.081 (+3.18%). Nat-gas prices Monday moved sharply higher on the outlook for excessive heat in the U.S. to boost nat-gas demand from electricity providers to power air conditioning. EBW Analytics Group said well above normal temperatures are expected across the central...

Barchart

Save at the Pump Using Walmart+ Gas Discount

New Walmart+ perk saves 20 cents a gallon of gas at Exxon.

Kiplinger

Natural Gas Rockets To 6-Month Highs: Prices Being Influenced By Both Local And Global Dynamics.

Surge is partly attributed to electricity usage spurred by an uptick in air conditioning demand in response to warm temperatures

Zenger

Is Now the Time to Buy Natural Gas?

Natural gas can be a highly volatile energy commodity in the futures arena. The physical commodity is highly combustible, and the price action can be explosive and implosive at times. In August 2022, U.S. natural gas futures rose to a fourteen-year high. One year later, the price is over 70%…

Barchart

Nat-Gas Prices Rally on Smaller-Than-Expected EIA Weekly Inventory Build

September Nymex natural gas (NGU23 ) on Thursday closed +0.088 (+3.55%). Nat-gas prices Thursday closed sharply higher after weekly EIA nat-gas inventories rose +14 bcf, less than expectations of +18 bcf. A mixed U.S. weather outlook limited the upside in gas prices. The Commodity Weather Group said above-normal temperatures would...

Barchart

Dismay as BP and Shell see huge profits while oil and gas prices fall

BP and Shell have continued to report multi-billion pound profits despite a drop in energy prices.

The Independent UK

BP profits are cut in half to $2.6 billion as oil and natural gas prices fall

Energy giant BP says it earned nearly $2.6 billion in the second quarter

The Independent UK

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Kiplinger

Gas Prices on the Rise Again: How Drivers Can Save

Gas prices on the rise with biggest one-day increase since June 2022. Here's some tips to reduce your pain at the pump.

Kiplinger

7 Gas-Saving Tips That Actually Work

These are gas-saving tips that will actually work for you and your car this year.

The Guardian - AU

Wholesale electricity prices down almost 60% a year on from Australia’s short-lived energy crisis

Emissions from national electricity market also fell more than 6% in June quarter, Australian Energy Market Operator says

Barchart

Scorching U.S. Temps Lift Nat-Gas Prices

Aug Nymex natural gas (NGQ23 ) on Tuesday closed +0.045 (+1.68%). Nat-gas prices on Tuesday settled moderately higher as near-record high temperatures this week in the central and southwestern U.S will boost nat-gas demand from electricity providers to increase air-conditioning usage. Nat-gas prices Tuesday also had carryover support from a...

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Barchart

Nat-Gas Prices Weighed Down by Ample U.S. Supplies

Aug Nymex natural gas (NGQ23 ) on Friday closed -0.044 (-1.60%). Nat-gas prices Friday gave up early gains and posted moderate losses on ample U.S. gas supplies, with U.S. nat-gas inventories more than +13% above their 5-year seasonal average. Nat gas prices retreated Friday despite record-high temperatures in the western...

The Guardian - UK

Giant windfarm off Norfolk coast halted due to spiralling costs

Swedish energy giant Vattenfall says costs have climbed 40% due to rise in global gas prices

Barchart

Nat-Gas Prices Surge on Near-Record Heat in the Southwest

Aug Nymex natural gas (NGQ23 ) on Tuesday closed +0.117 (+4.66%). Nat-gas prices Tuesday closed sharply higher. The outlook for hot weather to boost nat-gas demand from electricity providers to power increased air-conditioning usage pushed gas prices sharply higher Tuesday. Forecaster Maxar Technologies said near-record temperatures are expected for the...

Barchart

Nat-Gas Prices Under Pressure from Ample Supplies and Mixed Weather Forecast

Aug Nymex natural gas (NGQ23) on Monday closed -0.027 (-1.06%). Nat-gas prices Monday fell for the fourth consecutive session and posted a 1-month low. Bearish factors included a mixed weather forecast and ample U.S. nat-gas supplies. Forecaster Atmospheric G2 said above-normal temperatures are expected for the southwestern U.S. this week,...

Chicago Sun-Times

From airfares to used cars to groceries, slowing US inflation eases pressure on households

Over the past two months, inflation has slowed rapidly — from nearly 5% in April to just 3% in June.

Daily Mirror

Decade of pain in store as experts predict energy prices will be high for TEN YEARS

Cornwall Insight believes that a combination of high gas prices and soaring demand for electricity will keep power costs above pre-2022 levels

Kiplinger

Gas Taxes Increase July 4th Weekend in These States

Gas taxes are rising in several states as of July 1. Do you live in or plan to travel to one of them?

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