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Oil Prices Could Sink Below $50 This Year

OilPrice

This will give American drivers much needed relief at the pump after years of gas price inflation. Crude oil prices could decline below $50 a barrel this year, according to analysts from outlets including S&P Global. One reason for the hypothetical decline is what is widely seen as weakening demand growth.

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China’s Gas Firms Want Power Sector To Prop Up Demand

OilPrice

As China’s natural gas demand growth slows, domestic gas producers are lobbying the authorities to raise the number of gas-fired power plants, which they see as the key growth driver going forward, sources involved in advising on energy policy have told Bloomberg.

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Drivers Reject Steelworkers Union

Permian Basin Oil and Gas Magazine

Crude oil drivers for Sunoco Logistics Partners (also known as Energy Transfer ) have successfully forced United Steelworkers (USW) union bosses out of their work unit, according to a statement issued on May 20 by the The National Right to Work Legal Defense Foundation.

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Natural Gas Vehicle Institute Expands Beyond Natural Gas

NGT News

The Natural Gas Vehicle Institute (NGVi), an ASE-accredited training provider, is launching the Alternative Fuel Vehicle Institute (AFVi). AFVi will offer training courses to drivers, vehicle technicians and fueling station personnel involved with light-, medium- and heavy-duty fleets that operate hydrogen, propane and electric vehicles.

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Study: California Gas Prices Driven by Policy, Not Profiteering

OilPrice

Thats nearly 90% more than what drivers are paying in states like Texas or Mississippi. As of April 14, 2025, the average price of a gallon of regular unleaded in California was $4.67more than 55% above the national average. In some counties, including Mono and Alpine, prices exceed $5.80 These arent short-term spikestheyre

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Natural Gas: Fueling Progress, Ensuring Reliability in Southeast PA

Marcellus Shale Coalition

Natural gas keeps the lights on, heats homes and fuels local jobs across the Philadelphia region. The bottom line is that natural gas is essential to the very quality of our life. It is the basic feedstock for everything we touch and use today through natural gas liquids,” said Jim Welty, president of the Marcellus Shale Coalition.

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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction. TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry, although May data showed a decline in overall unique postings compared to the previous month.

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