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Gas

Takeaways from one of the world's biggest energy summits

by Sabri Ben-Achour , Alex Schroeder and Natalie White
Mar 22, 2024
CERAWeek in Houston has shown that despite agreements to transition away fossil fuels, oil and gas are still deeply entrenched.
"The mood is very sour this year amongst the oilmen," says the Economist's Vijay Vaitheeswaran of CERAWeek.
Mark Felix/AFP via Getty Images
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The price of oil is up. That's a hint at what may be coming for the global economy.

by Mitchell Hartman
Mar 14, 2024
Higher prices can correlate with economic strength. Also, OPEC is holding back supply.
Scott Olson/Getty Images
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Streaming, housing, gas: How much did prices change in 2023?

by Janet Nguyen
Dec 29, 2023
Your monthly streaming bill and mortgage payment might have gone up, but gas and egg prices cooled down.
This has been “the least affordable year for homebuying on record," according to a report from Redfin.
bauhaus1000/Getty Images
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A Warmer World

Fossil fuels built Houston into an energy capital. Can it lead the clean energy transition?

by Elizabeth Trovall
Sep 13, 2023
With the aid of workers, technology and cash from the oil and gas industry, new companies offer a glimpse of a post-fossil fuels future.
An oil refinery in operation with the Houston skyline in the background. Fossil fuels continue to enrich the Texas economy, but some see the need to respond to the climate crisis.
Brandon Bell/Getty Images
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In West Texas, a budding pipeline fight highlights activists' changing tactics

by Travis Bubenik
Sep 1, 2023
Pipeline opponents across the U.S. have taken to emphasizing the projects' impacts on private property rights.
Opponents of the Saguaro Connector pipeline hosted a community meeting this summer in Van Horn, Texas.
Travis Bubenik
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Uptick in gas prices could threaten consumers' confidence

by Mitchell Hartman
Aug 10, 2023
Inflation at the pump is in the pipeline for August. It would likely show up right before the Fed’s September interest rate meeting.
The recent uptick in gas prices can largely be attributed to intense heat in oil refining areas.
Brandon Bell/Getty Images
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A Warmer World

A fraction of oil and gas profits would fund methane emissions cuts, global energy agency says

by Lily Jamali
Aug 7, 2023
IEA advises investing in facilities to reduce the potent greenhouse gas. The U.S. government is already funding such programs.
Methane, a greenhouse gas invisible to the naked eye, is one of the biggest contributors to global warming.
David McNew/Getty Images
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California bill could penalize oil companies for price gouging

by Lily Jamali
Mar 28, 2023
The law aims for transparency in a state known for high gasoline prices.
Prices at a San Bruno, California, gas station in October. Prices in the state are lower today but remain higher than in other states.
Justin Sullivan/Getty Images
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Residents of rural Alaska brace for heat-up in fuel prices

by Emily Schwing
Jul 13, 2022
High gas prices threaten food security as well as people's ability to keep the lights on and protect themselves from the cold.
In rural Alaska, the gas that powers electricity-producing generators is delivered by barge or air. Brevig Mission residents expect prices to climb when the next delivery comes.
Tashka/Getty Images
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It takes a long time to get from a federal drilling lease to actual oil

by Andy Uhler
Jul 6, 2022
Companies have to evaluate their prospects, then come up with a budget and manage crew and equipment logistics.
While the Biden administration has reopened federal land and offshore sites to oil and gas leases, it can take months or years to actually start pumping oil. Above, an oil well in Garden City, Texas.
Spencer Platt/Getty Images
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