energy industry

Business
4:13 am
Wed March 26, 2014

German Chemical Giant BASF Benefits From Cheap U.S. Natural Gas

Originally published on Wed March 26, 2014 6:39 am

Thanks to fracking, there is an abundance of natural gas at about a quarter of the European price. This influx of business may be good for the U.S., but it's cause for concern for European leaders.

Business
4:53 pm
Wed January 8, 2014

As Temps Drop, Gas Prices Rise, Along With Demand For Fuel

Propane cylinders sit on the grounds of Blue Rhino, a propane gas company, in Tavares, Fla. In the Midwest, farmers needed more propane for crops that came in later than normal.
Gerardo Mora Getty Images

Originally published on Mon February 10, 2014 3:18 pm

Cold weather this week has boosted demand for heating fuels across the country. Natural gas prices are up, especially in the Northeast. At one point prices for natural gas into New York City jumped nearly tenfold from an average winter price of $5.68 per million BTU to $55.49, according to Bentek Energy, an analytics company.

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