Despite pleading with oil and gas companies to increase production in recent months, to tackle global shortages and rising prices, President Biden is once again hitting the industry hard by proposing a bigger cut emissions in operations. And he’s not alone, as the UK and EU seek to reduce gas flaring and venting practices to …
More restrictions on Biden’s oil and gas are on the horizon | OilPrice.com Read More »
With energy prices rising as winter approaches, some customers are starting to shop around for new natural gas providers who may have cheaper rates than utility companies. While energy providers sometimes offer more competitive rates, utility experts say customers should do their homework before switching and make sure they know exactly what contract terms they’re …
Comment this story Comment After hitting $5 a gallon in June, gasoline prices fell precipitously. The national average for regular gasoline is now around $3.30, and in 13 states the average is below $3, while the national average could be by Christmas. If your car has a 15-gallon tank, that means you’ll soon only be …
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With rising energy bills, comparing the costs of electric heating and gas heating can be an important decision for homeowners looking to save money. A colder winter and a global energy shock are worrying home heating customers. The U.S. Department of Energy predicts heating bills this winter will rise (opens in a new tab) 28% …
Electric heating vs gas heating: which is cheaper? Read More »
Against the backdrop of generally mild weather in the Lower 48, winter unleashed its fury on the West Coast earlier this season. Freezing temperatures and unusually heavy rainfall have fueled demand for natural gas at a time when storage inventories are low, a the drought has reduced hydroelectric power supplies, and regional utilities are struggling …
Small-cap stocks are trading near a two-decade low against large-cap stocks. When the stock market rebounds next year, as many investment banking strategists expect, these smaller companies could outperform. Below is a screen of analyst favorite small cap stocks for 2023, taken from the S&P Small Cap 600 SML Index, that requires businesses to be …
After falling 30.5 cents mid-week, natural gas futures continued to slide on Thursday as traders failed to maintain initial momentum following the latest government inventory data. With midday weather patterns adding further decline to the supply/demand balance, the January contract settled at $6.738/MMBtu, down 19.2 cents day/day. February futures slid 18.7 cents to $6.631. In …
Comment this story Comment Gasoline prices are dropping so fast it’s starting to put real money back in motorists’ pockets, defying past projections and delivering an unexpected holiday treat. Refueling is now as cheap as it was in February, just before Russia’s invasion of Ukraine sparked a global energy crisis. AAA reported the national average …
US gas prices plunge toward $3 a gallon as global demand plummets Read More »
Europe is importing a record amount of Russian gas transported by sea, showing how the region has not completely shaken off its dependence on the country for crucial fuel, even as flows through pipelines slow down. are practically stopped. Imports of Russian liquefied natural gas, which is usually transported on large tankers, increased by more …
European imports of Russian maritime gas hit record high Read More »
EUR/USD moved sideways above 1.0400 on less trading activity during Thanksgiving Day. The Federal Reserve is expected to drop the 75 basis point rate hike measure to shield the economy from financial risks. The European Central Bank is required to tighten policy further to slow inflationary pressures. EUR/USD should remain bullish as the risk appetite …
EUR/USD goes dry above 1.0400 in calm market, Eurozone gas price structure watched Read More »
