USA Today reported that a drop in the price of gas has pulled April's consumer price indext figures down 0.4% from March — the lowest since December 2008.
Articles Tagged "Gas Market News"
Bloomberg reported that U.S. Congress may be extending some of the same tax benefits that they give to oil and gas companies to renewable energy developers.
Reuters reported that natural gas futures fell on Friday and are on track to post a weekly loss.
CNBC reported that the trucking industry is apparently starting switch to natural gas as their fuel of choice.
The Financial Post reported that natural gas is the best-performing commodity globally, marking a rise to date this year of 32 percent, which many analysts attribute to a tight supply.
Reuters reported that the Polish Prime Minister has fired his Treasury Minister over allegations that he did not supervise relations between Polish PGNiG and its dealings with Russia's Gazprom. As quoted in the market report:
loomberg reported that Australian Woodside Petroleum announced that their first-quarter sales jumped by 21 percent, due to an uptick in LNG sales from the Pluto project.
Mining Weekly reported that the Sable Offshore Energy Project, located just off the coast of Nova Scotia, is scheduled to undergo maintenance on its natural gas operations beginning April 23 and ending May 5.
Reuters reported that Reliance Industries Ltd announced a quarterly profit increase of 32 percent on higher margins that offset declining oil and gas revneues.
Bloomberg reported that India, in an effort to draw more foreign investment, is considering freeing prices from locally drilled gas and oil. As quoted in the market report: