Unexpected Pipeline Closure Sent British Gas Soaring 50 Percent
Reuters reported that an unexpected pipeline closure spiked Britain's wholesale gas prices to a record high on Friday.
Articles Tagged "gas price"
Gazprom to Cut European Gas Prices for 2013
Reuters reported that Gazprom is expected to cut long-term contract prices to Europe to be competitive with the spot market.
Natural Gas Futures Slip on Mild Forecasts
Bloomberg reported that natural gas futures fell for the third day in a row as mild forecasts curb demand.
Gas Prices Fall in U.S.
Reuters reported that a survey shows the average price for gas fell in the last two weeks, pressured down by aftermath from Hurricane Sandy and the loss of daylight savings time.
Candians May Face Higher Gas, Heating Costs this Winter
The Financial Post reported that the National Energy Board is warning Canadians that they will likely have to pay more for gas and heating this coming winter, due to dwindling stockpile supply in the face of rising demand.
UK Gas Traders Raise Questions about Pricing System
Reuters reported that traders are saying that the pricing system used to assess daily gas prices in the UK is open to manipulation.
Gas Rises as Fears Over Supply Mount
Bloomberg reported that gas rose based on fears that supplies may be limited on the east coast, in the wake of Hurricane Sandy.
Canada Gas Fluctuates
Bloomberg reported that mild weather forecasts have caused Canada gas to fluctuate.
Exxon Favouring Canadian Natural Gas Over Oil Sands for Acquisition
Bloomberg reported that international oil companies, like Exxon, are favouring Canadian natural gas acquisitions over oil sands, as a means of meeting Asian demand.
Hurricane Sandy Will Depress Gas Demand, Cause Prices to Fall
The Business Insider reported that, although gas prices seem to be temporarily climbing, Hurricane Sandy will likely drive gas prices down, due to an expected dip in demand from drivers.
