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Low Gas Prices Crush Appalachia Shale Boom
Low Gas Prices Crush Appalachia Shale Boom Low natural gas prices have finally brought the decade-long shale gas boom in Appalachia to a halt.close Gas production in Appalachia declined by about 1 billion cubic feet per day (Bcf/d) over the past 30 days, bringing output down to an average of 32.7 Bcf/d, according to S&P Global […]
“No More Transit Risk”: Ukraine & Russia Ink Landmark Gas Transit Deal, Hammering European Gas Prices
“No More Transit Risk”: Ukraine & Russia Ink Landmark Gas Transit Deal, Hammering European Gas Prices Ukrainian President Volodymyr Zelensky has hailed the completion of an against all odds landmark deal with Russia’s Gazprom as ensuring “energy security and prosperity for Ukrainians.” It will keep natural gas flowing to Western Europe via Ukraine for the next five years, which is […]
US sanctions on Venezuela could lead to higher gas prices
US sanctions on Venezuela could lead to higher gas prices MANDEL NGAN/AFP/Getty Images The Trump administration announced last week it would impose sanctions on Venezuela’s state-run oil industry. That could lead to higher energy prices, especially in wake of the US withdrawal from the Joint Comprehensive Plan of Action. Together with Iran sanctions, analysts say the […]
Inflation Surges In October; Media Blames Gas Prices
Inflation Surges In October; Media Blames Gas Prices A key measurement of inflation, The Consumer Price Index, rose 2.5% in October from a year earlier. The inflation was linked to rising gas prices by the media, but there’s more to it than just the cost of fuel. Rising inflation is actually also likely tied to […]
How Will The Surge In Oil Prices Impact US GDP: One Bank Answers
How Will The Surge In Oil Prices Impact US GDP: One Bank Answers Back in late 2014, when oil prices tumbled after the OPEC “thanksgiving massacre“, the conventional narrative was that dropping oil prices were a boon for the economy as they resulted in lower gas prices and thus greater discretionary income. The stark reality […]
Europe Prepares For Natural Gas Price Hike
Europe Prepares For Natural Gas Price Hike Europe’s natural gas and electricity markets are heading into the winter heating season with prices at record highs amid various supply outages in already tight markets and uncertainty over how much flexibility in gas and power generation there will be. Forward prices for natural gas are factoring in […]
Summer gas prices forecast to remain stable
Summer gas prices forecast to remain stable Western Canada facing gas shortages, oil supply cut from wildfires Canadian motorists shouldn’t expect increases at the pumps as summer gas prices are expected to remain stable. (Canadian Press) Mark Gollom is a Toronto-based reporter with CBC News. He covers a wide range of topics, including Canadian and […]
Gas prices ‘way beyond’ where oil rebound should have them: BMO
Gas prices ‘way beyond’ where oil rebound should have them: BMO It’s not just you: Gas prices are much higher than they should be, energy experts say Gas prices are up by more than a third since the start of the year, a figure much higher than one would expect based on the slight rebound in […]
The Last Time Gas Prices Rose This Fast, The US Entered Recession
The Last Time Gas Prices Rose This Fast, The US Entered Recession From February through May, gas prices have historically tended to rise. However, between refinery strikes and shutdowns (and blend transitions), 2015 has seen gas prices rise from the start of February at the fastest pace on record. Despite the total lack of ‘surge in […]
Average gasoline price dips to 99 cents and falling – Business – CBC News
Average gasoline price dips to 99 cents and falling – Business – CBC News. For the first time in 4½ years the average cost of gasoline in Canada has dropped below $1 a litre. The actual prices vary by market, from $1.05 in Vancouver to 76.9 cents in Edmonton to 98.9 cents in St. John’s, […]



