Category: Gas

Gas Through Russia’s Yamal Pipeline Reverses to Flow Eastwards

LONDON—A section of the Russian Yamal-Europe pipeline resumed eastbound gas delivery to Poland from Germany on Tuesday following normal, westbound supplies earlier in the morning, data from German network operator Gascade showed. According to the data, gas flows eastwards at the Mallnow exit point were at 4,296,828 kilowatt-hours per hour having flowed in the other…


Gas Prices Forcing Lifestyle Changes for Most Americans

GAINESVILLE, Fla.—As if the price of gas wasn’t enough, a line of impatient motorists waiting behind him with sullen faces and engines rumbling made Zephrin Green’s visit to a Sam’s Club gas pump even more stressful. As he prepared to fill the tank of his blue Subaru BRZ for an evening of Uber-driving, he tried…


Gas Prices Are Highest in Democrat-Led States

While all Americans are feeling the pain at the pump, some are paying more than others. Gas prices are highest in Democrat-led states, according to a list of average gas prices by state published by AAA. The top five states with the most expensive average cost of regular gasoline per gallon are led by Democratic…


Crude Oil Hits Record Highs

Commentary  “Russia’s invasion of Ukraine—and the western response to it—will exuberant the supply-demand imbalance that lies at the heart of the global inflation surge. Reducing trade with a current account surplus country via sanctions and boycotts means that the rest of the world needs to produce a larger share of what it consumes,” said Jan Hatzius,…


Maryland Agrees to Gas Tax Suspension Amid Soaring Prices

Maryland’s legislative leaders agreed to a 30-day moratorium on the state’s gas tax amid soaring prices. Maryland state House Speaker Adrienne Jones and Senate President Bill Ferguson, both Democrats, said the suspension of the gas tax comes as state revenue projections increased in the 2021 fiscal year. “Increased revenue projections for this year and next…


Police, Convenience Store Industry Prepare for Gas Thefts as Prices Continue to Rise

Police and small retailers are preparing for an increase in “gas-and-dash” thefts as gasoline prices across Canada soar following sanctions against Russia that have put the squeeze on global oil supply. The invasion of Ukraine just over two weeks ago has prompted some countries, including the United States, to ban imports of Russian oil or…


Renewables Now Make Up a Third of Australia’s Energy

Australia has set a new record for renewables output for the fifth year in a row, with solar, wind, and hydropower now making up around a third of Australia’s energy mix. It coincides with 2021 being a record year for solar uptake, with more than one in four Australian homes decorated with rooftop solar panels….


Inflation Reaches Another 40-Year High of 7.9%; Russia and Ukraine Foreign Ministers Hold High-Level Talks | NTD

Annual inflation hits another 40-year high, one expert says President Joe Biden should send a friendlier message to oil companies to bring down gas prices, and the top diplomats from Russia and Ukraine say they discussed humanitarian corridors and a temporary ceasefire during their talks.


Inflation Reaches Another 40-Year High of 7.9%; Russia and Ukraine Foreign Ministers Hold High-Level Talks

Annual inflation hits another 40-year high, one expert says President Joe Biden should send a friendlier message to oil companies to bring down gas prices, and the top diplomats from Russia and Ukraine say they discussed humanitarian corridors and a temporary ceasefire during their talks.


East Texans Hoping Gas Shortage Is Temporary, but Preparing for a Long Haul

Small business owners, independent contractors, and families in East Texas are keeping a close eye on their spending in the wake of sudden gas price spikes, widely blamed on the Russian invasion of Ukraine. But East Texans were already cinching their belts before 2022, said Shelbie Glover, president and CEO of the Lindale Chamber of…