CHICAGO—With the price of oil now less than $80 a barrel, motorists throughout the United States are benefiting from gas prices below $3 a gallon. However, the decreasing price of gas has a downside for the hydraulic fracturing industry in the United States. North Dakota’s economy is on fire, thanks to developments in technology that […]
Russian energy giant Gazprom says it is cutting gas supplies to Ukraine following Kyiv’s failure to meet a Monday deadline to pay nearly $2 billion of its outstanding debt.Gazprom says Ukraine must now pre-pay for any natural gas after missing the deadline.Also Monday, Gazprom filed a lawsuit in a Stockholm arbitration court to try […]
