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The Latest Breaking News from Gas Prices

Editorial: Karen Bass for Los Angeles mayor

These are pessimistic days in Los Angeles. In focus groups, surveys and polls, the same themes keep surfacing: Residents are angry and frustrated by the continued human suffering of the homelessness crisis. They’re dissatisfied with their quality of life. They’re worried about having money to pay their rent or mortgage,…

Los Angeles Times

Hinkley Point B nuclear plant could be spared imminent closure

Energy secretary Kwasi Kwarteng believed to be open to extension in response to leap in gas prices and energy security concerns

The Guardian - UK

2 Stocks to Buy as Gasoline Prices Keep Rising into the Summer

Despite declining oil prices and increased productivity, gas stations have managed to keep gas prices high--as is traditional. Furthermore, because seasonal gasoline demand is estimated to soar, we think it could be wise to bet on quality oil & gas industry stocks Marathon Petroleum (MPC) and Valero Energy (VLO). Let’s…

StockNews.com

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Chevron's Q1 Profits Leap On Gas, Crude Oil Price Surge

Chevron Corporation (NYSE: CVX) posted better-than-expected first-quarter earnings as profits rose nearly fourfold from last year amid a record surge in U.S. gas prices and a spike in global crude linked to Russia's invasion of Ukraine.

Benzinga

Blow for Irish households as gas and electricity bills could skyrocket further this winter

Wholesale gas prices are already around six times higher than they were this time in 2021

Irish Mirror

Millions of Californians would get $200 cash rebates for soaring gas prices under Democrats' plan

SACRAMENTO, Calif. — Millions of California families would receive cash rebates of $200 per person under a plan unveiled Thursday by state Senate Democrats, with additional boosts to those enrolled in government assistance programs and subsidies provided to small businesses that could be extended for a decade.

Los Angeles Times

Democrats pitch boosting FTC to curb gas price gouging

Democratic leaders have announced an effort to give the Federal Trade Commission increased authority to crack down on oil and gas companies that engage in price gouging

The Independent UK

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Why are gas prices so high? These obscure traders are partly to blame

‘Nobody with power is looking at what they’re doing,’ but they’re helping to drive searing gas prices despite increased oil production

The Guardian - US

UK affected as Europe gas prices rise after Russia shuts off supply to neighbours

Russia has cut off its gas supplies to Poland and Bulgaria in what it says is a dispute about the countries not paying in roubles. Vladimir Putin's state has been accused of weaponising gas supplies

Daily Mirror

Obsidian Energy: A Red-Hot Oil & Gas Stock with More Room to Run

The stock of Canadian oil and gas company Obsidian Energy (OBE) has been skyrocketing in price, driven by rallying oil and gas prices. The stock has gained more than 500% over the past year. And given the elevated oil and gas price environment and the company’s operational strength, OBE seems…

StockNews.com

Is Coterra Energy a Good Oil & Gas Stock to Invest In?

Rallying oil and gas prices amid a tight supply outlook has helped Coterra Energy (CTRA) register solid gains. However, considering the International Monetary Fund's (IMF) bearish global economic growth outlook, is CTRA well-poised to maintain its gains? Keep reading to learn our view.

StockNews.com

Gas Prices Around the World

Many world gas prices can make what Americans pay at the pump seem like a bargain. But not all.

Kiplinger

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