Ineos Mothballs Three Hull Chemical Plants as UK Gas Prices Double
Sir Jim Ratcliffe's Ineos is idling its acetyls plants in Hull after UK natural gas prices roughly doubled, hitting the highest level since December 2022.
Energy Markets
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The commercial side of energy: crude and gas pricing, LNG and production capacity, pump prices, and the data-center load reshaping demand.
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Western PA Gas Prices Jump 23 Cents in a Week, AAA Says
AAA reports Western Pennsylvania gas prices rose 23 cents in a week to $4.537 as crude oil neared $100 a barrel amid Strait of Hormuz volatility.
Data Centers Strain US Grid as States Push Back on Costs
States and regulators grapple with AI data centers straining the grid, as Massachusetts, Pennsylvania, Wisconsin and Iowa test different fixes.
South Carolina Gas Prices Near $3.90 as Crude Tops $100
South Carolina gas prices rose about 17 cents in a week to near $3.90 a gallon as crude oil surged past $100 amid Middle East tensions.
Iran Doubles Gasoline Price for Heaviest Fuel Users
Iran doubled its gasoline price for heavy users to 100,000 rials per liter amid war strain, sanctions and record fuel consumption.
Oil Surges as Iran Fighting Resumes, Gas Nears $4.03 Record
US-Iran fighting resumed, sending Brent above $91 and WTI near $87, with GasBuddy forecasting a record $4.03 Labor Day gas average.
Trump Emergency Order May Speed Plaquemines LNG Expansion
Venture Global seeks to more than double Plaquemines LNG capacity under Trump's fast-tracked energy emergency permitting, raising price and wetland concerns.
EPA Fuel Rule Change Aims to Cut Gas Prices, Raise Smog Risk
EPA lets refiners switch early to cheaper winter gasoline, potentially cutting prices but raising smog concerns as state averages diverge widely.
Waterford Gas Below CT, US Averages Amid Mixed Prices
Waterford gas averages $3.99/gallon, below CT and US rates, as national prices stay above $4 amid regional swings.
LA, Orange County Gas Prices Climb for Ninth Straight Day
LA and Orange County gas prices rose for a ninth straight day to $5.705 a gallon, even as national and state averages moved unevenly.
Alliant Energy Must Cut Iowa Gas Rates by $2.6 Million
Iowa regulators ordered Alliant Energy to cut natural gas rates by $2.6 million amid global gas price volatility and rising data center demand.
Automakers, Utilities Race to Tame Data Center Power Demand
Automakers, utilities and regulators race to manage soaring data center power demand straining grids worldwide.
Oil Prices Swing on Iran Tensions as Gas Costs Stick
Oil prices swung sharply this week as US-Iran tensions eased, with Brent falling toward $85 on hopes for reduced Middle East supply risk.
Gas Prices Climb Nationwide From Virginia to California
Gas prices are rising from Virginia to California, with Connecticut, Arizona and LA all posting notable weekly increases.
US-Canada Trade War Fuels Farm and Energy Price Worries
US-Canada trade tensions threaten farm goods as gas, natural gas and global energy prices stay volatile.
Gas Prices Climb Nationwide as Regional Gaps Widen
Gas prices are rising nationwide, with Connecticut towns tracking below average while LA, Alaska, and diesel prices surge sharply.
Data Centers Strain US Power Grids as AI Demand Surges
AI-driven data centers are straining US grids, spiking rates, and prompting new batteries, software, and offshore siting fixes.
Oil Prices Slip as Markets Brush Off Iran Sanctions Threat
Oil prices dipped as new U.S. Iran sanctions loomed, while diesel costs surged separately on a refining capacity shortage.
Gas Prices Climb Nationwide, Virginia Sees New Increases
Gas prices are rising in Virginia and nationwide, driven by seasonal demand and global supply disruptions tied to conflicts abroad.
Goldman: Europe May Need €100 Gas Amid US Pump Pain
Goldman Sachs says European gas may need to hit €100/MWh for winter supply, as US gasoline prices also climb amid global tensions.