By Julianne Geiger – Dec 16, 2022, 12:11 PM CST The number of total active drilling rigs in the United States slipped again this week, according to new data from Baker Hughes…
Tag: gas
Gas prices tumble to 15-month low. Sub-$3 could be next | CNN Business
CNN — The plunge in gasoline prices hit another milestone on Friday, with the national average sinking to the lowest level since September 2021. The sharp decline in pump prices is encouraging…
ICE Warns of Margins That Could Rock European Natural Gas Market if Price Cap Moves Ahead – Natural Gas Intelligence
Intercontinental Exchange Inc. (ICE) has warned European Union (EU) members that implementing a cap on natural gas prices without allowing markets time to adjust would cause more instability and possibly force it…
ICE warns it may pull gas market from EU over Brussels price cap
Intercontinental Exchange has warned it may pull its gas trading market out of the Netherlands if Brussels presses ahead with a plan to introduce a cap on prices. The stark threat comes…
January Natural Gas Called Slightly Higher as Market Awaits EIA Storage Number – Natural Gas Intelligence
With overnight forecast trends mixed, and with traders seemingly keeping their powder dry ahead of the release of updated government inventory data, natural gas futures were hovering close to even early Thursday. …
Opinion | Biden Has the Economy Back on Track
The global economic storm unleashed by a once-in-a-century pandemic and a brutal land war in Europe has caused three years of economic disruptions in the U.S. and around the world. These are…