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The Latest Breaking News from Gas Prices

Why energy bills are increasing

Squeeze on wholesale gas prices around the world drives up household bills

The Independent UK

The right to transportation should be a key issue in the Ontario election

With high gas prices and climate change top of mind for many in Ontario, transportation is shaping up to be a key battleground in the upcoming provincial election.

The Conversation

B.Grimm takes hit as gas prices soar

B.Grimm Power Plc (BGRIM) reported a leap of 41% in first-quarter revenue thanks to robust electricity sales volume from both existing and new clients, higher tariffs, and growth from renewable energy facilities in Thailand and Laos.

Bangkok Post

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3 High-Yield Energy Stocks to Buy in May

Energy prices are expected to remain high this year owing to the Russia-Ukraine war and elevated energy demand. So, energy companies could generate solid gains in coming quarters with record-high gas prices and highly fluctuating oil prices. Therefore, we think investors that are looking to generate a steady income stream…

StockNews.com

VW Helps Transform Greek Island Into "Electric Eden" Test Bed For EVs

Islands are perfect test markets for EVs since driving distances tend to be short, and gas prices tend to be high. VW has chosen the Greek island of Astypalea.

InsideEVs

Russian pipeline sanctions raise fears of gas interruption

European gas prices have risen after Russian state-owned exporter Gazprom said it would no longer send supplies to Europe via a pipeline in Poland, citing new sanctions that Moscow imposed on European energy companies

The Independent UK

3 Strong Under-the-Radar Energy Stocks to Add to Your List

Energy stocks have attracted significant investor attention over the past few months, thanks to soaring oil and gas prices due to strong demand and a global supply crush caused by the Russia-Ukraine war. Because this trend is expected to continue in the coming months, we think it could be wise…

StockNews.com

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Inflation Still Soaring at 8.3 Percent as Food, Housing, and Services Keep Getting More Expensive

Gas prices fell in April, dragging the month's average price increases down to 0.3 percent after March's staggering climb.

Reason

As gas prices hit record, here's how to get better mileage

The dollars-and-cents counter on the gas pump seems to be spinning faster these days with U.S. gasoline prices hitting another record high on Tuesday

The Independent UK

Gas prices hit new all-time high

The new record comes as high inflation puts pressure on the Biden administration to help consumers.

Axios

Is Range Resources a Smart Natural Gas Stock to Own in 2022?

The shares of natural gas company Range Resources (RRC) have soared in price over the past few months thanks to surging natural gas prices. However, given the company's mixed fundamental performance, can its stock maintain its price rally? Read on, let's find out.

StockNews.com

Evening Standard Comment: As Shell and BP make bumper profits, it could be time to consider a windfall tax

The timing is certainly awkward. Oil giant Shell has reported underlying profits of £7.2 billion in the first quarter of this year, up 43 per cent on the final three months of 2021, thanks to high oil and gas prices. It comes days after BP announced profits of more than…

Evening Standard

What Europe's ban of Russian oil could mean for energy markets – and your gas prices

The EU ban on Russian oil imports will likely lead to higher crude and gasoline prices, further upending energy markets.

WEKU

Why are gas prices still so high? And what's up with those rebate checks?

For the last two months, Eric Simpson has been facing a dilemma: go surfing, or save gas for his commute?

Los Angeles Times

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Belfast Live

Northern Ireland gas and electric prices: Latest breakdown on industry increases

Bigger bills have been hitting households hard over recent months

The Independent UK

Strong BP profit renews call for energy sector windfall tax

BP posted its highest quarterly profit in more than a decade thanks to surging oil and gas prices

Los Angeles Times

George Skelton: It's time to stop spinning our wheels on gas price relief and head in a different direction

SACRAMENTO, Calif. — California Gov. Gavin Newsom and state legislators have been spinning their wheels for months on gas price relief. They should get the vehicle moving or abandon it.

The Guardian - UK

BP profits double to $6.2bn, fuelling calls for energy windfall tax

Results are ‘obscene’, say unions, after soaring oil and gas prices help company to beat forecasts

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Irish Mirror

Electricity prices in Ireland among highest in EU as Irish consumers pay 26% more than average

Average electricity prices for households in the Republic were up almost 14% compared to 2020

Los Angeles Times

Editorial: Karen Bass for Los Angeles mayor

These are pessimistic days in Los Angeles. In focus groups, surveys and polls, the same themes keep surfacing: Residents are angry and frustrated by the continued human suffering of the homelessness crisis. They’re dissatisfied with their quality of life. They’re worried about having money to pay their rent or mortgage,…

The Guardian - UK

Hinkley Point B nuclear plant could be spared imminent closure

Energy secretary Kwasi Kwarteng believed to be open to extension in response to leap in gas prices and energy security concerns

StockNews.com

2 Stocks to Buy as Gasoline Prices Keep Rising into the Summer

Despite declining oil prices and increased productivity, gas stations have managed to keep gas prices high--as is traditional. Furthermore, because seasonal gasoline demand is estimated to soar, we think it could be wise to bet on quality oil & gas industry stocks Marathon Petroleum (MPC) and Valero Energy (VLO). Let’s…

Benzinga

Chevron's Q1 Profits Leap On Gas, Crude Oil Price Surge

Chevron Corporation (NYSE: CVX) posted better-than-expected first-quarter earnings as profits rose nearly fourfold from last year amid a record surge in U.S. gas prices and a spike in global crude linked to Russia's invasion of Ukraine.

Irish Mirror

Blow for Irish households as gas and electricity bills could skyrocket further this winter

Wholesale gas prices are already around six times higher than they were this time in 2021

Los Angeles Times

Millions of Californians would get $200 cash rebates for soaring gas prices under Democrats' plan

SACRAMENTO, Calif. — Millions of California families would receive cash rebates of $200 per person under a plan unveiled Thursday by state Senate Democrats, with additional boosts to those enrolled in government assistance programs and subsidies provided to small businesses that could be extended for a decade.

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