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The Latest Breaking News from Gas Prices

UK faces ‘catastrophe’ after energy bills soar 80% amid warning price cap could hit £7,000

Experts warn bills could be pushed even higher without urgent intervention as gas prices continue to rise

The Independent UK

Bad, Better, Best: How Should You Play These Oil & Gas Stocks?

Oil prices remain elevated on robust U.S. fuel consumption and tight supply outlook. On the other hand, U.S. natural gas prices skyrocketed to a 14-year high earlier this month on high summer demand. However, not all oil and gas stocks are expected to benefit from the high prices. While we…

StockNews.com

This Oil & Gas Stock Has Momentum Behind It. But a Sell Rating

Natural gas company Tellurian (TELL) has gained significant momentum lately on the backs of high natural gas prices. However, the stock is rated Strong Sell in our proprietary rating system. Read on to know why….

StockNews.com

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Why are energy bills increasing?

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

The Independent UK

Government issues statement following latest devastating Ofgem price cap announcement

The government claims that the increase in the energy price cap is due to global events driving up worldwide gas prices

Manchester Evening News

Missouri’s average gas price falls to $3.49

As of August 24, Missouri’s average gas price according to AAA was $3.49 for regular gas, which was below the national average of $3.88. Gas prices fell from the previous week’s average of $3.52 and were below the July average of $4.04. On August 24, 2021, the state’s average price…

Ballotpedia

The Heat Is On — And So Is The Creation Of New ESG Funds

Over the last year, unique natural phenomena — including record heat waves in Europe — have contributed to high gas prices. Heat waves brought about droughts, which have reduced the supply of water and farmland.

Benzinga

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Why are energy bills increasing?

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

The Independent UK

Is net zero really to blame for soaring energy bills in Great Britain?

Despite frequent claims in rightwing media, green levies make up fraction of bills and renewables are reducing costs

The Guardian - UK

CF Industries to 'temporarily halt' ammonia production at Billingham plant due to gas prices

The fertiliser firm, which also provides a significant amount of the CO2 needed for the UK food and drink industry, said it did not anticipate an impact on jobs

Birmingham Post

Why energy bills are increasing?

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

The Independent UK

Europe's Natural-Gas Crunch Sparks Global Battle for Tankers

Europe's energy crisis has unleashed a global battle over natural-gas tankers, leading to a shortage of ships and further boosting the fuel's record prices.

Bangkok Post

‘No time to lose’ to help households and businesses through gas crisis, says CBI

One in three companies said green investments were at risk because of soaring gas prices.

The Independent UK

Energy bills could hit £6,500 from April as gas prices spike again

A spike in gas prices on Monday has added close to £500 to the forecasted energy price cap next year – heaping further woe on families who would already struggle to keep the heating on.

Evening Standard

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The Independent UK

Energy bills set to surge past £6,500 in April in highest forecast yet

Ofgem’s cap could surpass £5,000 in January, Auxilione says after spike in gas prices

The Independent UK

Why energy bills are increasing?

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

The Independent UK

Cost of living - latest: Sunak warns ‘millions face destitution’ at Birmingham hustings

Ministers looking at plan for state-backed deficit fund to pay for energy bill price freeze

The Independent UK

Gloomy forecast sets energy bills at £6,500 from April as gas prices spike again

Prices soared on Monday after Russia announced it was shutting the Nord Stream 1 pipeline for three days of maintenance.

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news in one place.

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The Guardian - UK

Factory slump drags UK near stagnation; US private sector shrinks; eurozone ‘heads into recession’ – as it happened

UK private sector growth hits 18-month low, while the US, Germany and France all suffer falls in activity this month, adding to recession fears

Bangkok Post

Epac to extend assistance schemes through year-end

The Energy Policy Administration Committee (Epac) has resolved to extend subsidy programmes to relieve the impact of high cooking gas prices and electricity bills on households until the end of this year.

Reason

John Fetterman Proposes Prosecuting Oil Executives for High Gas Prices

Ignoring the principles of supply and demand, Fetterman thinks high gas prices should be a matter for law enforcement.

The Independent UK

UK inflation set to ‘enter the stratosphere’ and hit 18.6% by January as gas prices continue to surge

Dire new forecast says energy bills will reach £5,816 in April

The Guardian - UK

Collapse of supplier Bulb could add more than £150 to energy bills

Cost of bailing out UK company threatens to top £4bn by next spring because of soaring gas prices

Tribune News Service

White House is hopeful gas prices will keep falling

The White House is optimistic that gas prices will keep falling, a top administration official said Sunday.

Daily Mirror

Octopus Energy CEO warns worst rises yet to come as firm slashes bills in HALF for some

Greg Jackson warned of a "fossil fuel crisis" in an email to Octopus Energy customers, saying global gas prices are around eight times higher due to Vladimir Putin's invasion of Ukraine

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