New gas slated for Queensland and Victoria could lift looming shortage

Gas-starved eastern states have received a double boost with the opening of a new pipeline to the Northern Territory and the announcement a fresh field will be developed off the Victorian coast. Pipeline company Jemena will on Friday open a new link to Northern Territory gas fields, sending new gas into the east coast, while ExxonMobil and BHP have pushed […]

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Gas service mostly restored after September explosions

The utility company that caused the September natural gas pipeline explosions in Massachusetts says work to fully restore gas service is mostly complete. Columbia Gas said Friday that 96 percent of affected customers in Lawrence, North Andover and Andover have had service restored. Continue Reading Below The company says most of the homes and businesses still needing service restored are […]

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Was it right to use tear gas on border-rushing migrants?: Today’s talker

Border Patrol agents used tear gas to disperse members of a Central American caravan who charged the U.S.-Mexico border at San Ysidro Port of Entry. A roundup of opinion: A Democrat would’ve done the same By Phil Boas If you are a poor, beleaguered Central American refugee who has trekked some 1,100 miles to reach sanctuary in the United States, it is bad form at […]

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Gas prices fall ahead of Thanksgiving — is $2 per gallon next?

Gas prices headed to $2 a gallon? BubbaTrading.com’s Todd Horwitz on the outlook for oil and gas prices. Gas prices are falling across the country ahead of the busy Thanksgiving travel holiday as concerns about oversupply have hit the U.S. oil market Continue Reading Below A total of five states – Oklahoma, Louisiana, Missouri, Texas and Ohio – have at […]

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Gas dispute leaves hundreds of thousands freezing in Ukraine

Hundreds of thousands of Ukrainians are without heating due a long-standing dispute between the national gas company and regional utility providers. More than 600,000 residents in Kryvy Rih in Ukraine's south-east on Monday seized the building of the local gas company demanding that the heating be turned on. Temperatures are below zero at night in the area. In the town […]

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Oil, gas CEOs confident that industry will continue to boom: study

Oil, gas CEOs confident about industry growth KPMG Global Head of Energy and Natural Resources Regina Mayor on oil and gas CEOs’ views on the industry’s outlook. A new report released by KPMG found that a vast majority of oil and gas executives remain confident that the industry has room to grow, despite the rapid speed of technology and innovation […]

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Pot sector enters correction territory, but MedMen jumps after $682 million acquisition

Marijuana stocks were broadly lower Thursday, with a key sector tracker falling into correction territory, but MedMen Enterprises Inc. was a standout gainer after the company announced a $682 million acquisition of U.S.-based medical cannabis dispensary PharmaCann LLC. Shares of MedMenMMNFF, +4.98% the Culver City, Calif.-based cannabis company, rallied 6.9% in afternoon trade. The company said buying Oak Park, Ill., […]

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Why surging gas prices may not stop consumers from spending

High oil prices reflect a strong economy: Stephen Schork The Schork Report Founder Stephen Schork discusses why low oil prices aren’t necessarily good for the economy and how high prices are a reflection of a strong economy. Higher prices at the gas pump are unlikely to deter confident consumers emboldened by low unemployment and tax cuts, according to analysts. Continue […]

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