Kathy Hochul does apparent about-face on natural gas as NYC utility signals major rate hikes
New York Governor Kathy Hochul has approved permission to expand the capacity of major two-way pipelines despite years of pushing green policies, including a ban on the use of natural gas in new construction. . The Hochul administration has approved a permit to increase the capacity of the Iroquois Pipeline, a key 414-mile route from […]
Natural Gas News: Futures Retreat as Profit-Taking Hits Post-Weather Rally – FX Empire
Daily natural gasThe market is technically supported, but there are signs of shaking momentum. The key pivot is $3.505. If prices fall below this level, the momentum on the negative side could be accelerated. The $3.801 high on Friday currently exists as a potential lower upper, potentially strengthening the bearish structure when sales pressure rises. […]
Trump demands 50% of Ukraine’s revenues from critical minerals, oil and gas, ports and infrastructure: report
President Trump reportedly demanded half of Ukraine's revenue from natural resources, ports and infrastructure in reparations for the billions of dollars that the US contributed to Kiev's war efforts. Demand included in the draft contract for the “reconstruction of Ukraine” that reached Ukrainian President Voldy Mirzelensky's desk last week caused “surprise and panic” in Kiev. […]
Refinery Fire Sends California Gas Prices Soaring to Nearly $5 per Gallon
In California, gas prices are skyrocketing thanks to refinery fires that suffocate supply, send average prices to $5 per gallon, and have even higher in the state's northern regions. KTLA-5 in Los Angeles It has been reported: The average price of gas in California has skyrocketed over the last few weeks, flirting with the scary […]
Exclusive: Lawn and car guys will cheer after Chip Roy introduces bill slashing gas can regulations
Texas Republican Rep. Chip Roy It was introduced Thursday's bill to abolish gas can regulations implementation Under the Barack Obama administration. In the early 2000s, a series of environmental regulations aimed at reducing steam emissions removed gas can vents. The designed vents prevent the vacuum from forming inside the gas can, allowing gasoline to be […]
$750,000 apocalypse SUV comes with its own gas mask
Rezvani Motors, an innovative American automaker, has redefine the luxury SUV market with an extraordinary revenge. The vehicle represents a groundbreaking fusion of military-style design and high-end luxury transportation. Designed by digital artist Mirren Ivanov, known for his work in video game vehicle design, this revenge breaks the boundaries of traditional cars with aggressive styling […]
CA Republicans urge Trump admin to fight state’s attack on natural gas: ‘It’s sick’
Top Republican leaders in California are asking the Trump administration to “intervene” in their own state push to remove traditional energy sources, especially gas. Liberal leadership. “Natural gas and gas appliances,” California Legislature Republican James Gallagher and state Senate Minority Leader Brian Jones said in a letter sent to the Department of Christopher Wright in […]
Trump names oil and gas advocate to lead agency that manages federal lands | Trump administration
Donald Trump has appointed a longtime representative of the oil and gas industry to oversee the agency that manages 4 billion acres of public lands concentrated in the Western states. Kathleen Sgamma, president of the Western Energy Alliance, Colorado-based petroleum industry and trade group, has been appointed Director of Land Management. A graduate of MIT, […]
BMW’s Focus on Gas Engines Pays Off as EV Industry Becomes ‘Rollercoaster’
BMW's conservative approach to EV adoption, investment in platforms that can accommodate internal combustion, hybrid and electric powertrains, is paying off as the company navigates the uncertain transition to electric vehicles. Internal EV Report As the automotive industry tackles the challenge of moving to electric vehicles, strategic decisions to invest in BMW's flexible platforms have […]
Fed Hit the Gas Before the Election—Now Powell Is Pumping the Brakes
Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that central banks see little urgency towards lowering interest rates, citing the resilient labor market and prolonged inflation risks. The comment reinforced expectations that the Fed will remain stable at the next meeting despite the economic situation becoming softer last year. “Our policy stance is far less […]