Monthly Archives: February 2012

Soaring Gas Prices Act Tough on Small Businesses

Soaring gas prices in the United States are affecting small business owners the most, considering they are entirely dependent on the fossil fuel to transport goods and services to consumers. Truck and car drivers are now scared to visit a … Continue reading

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Iran’s Cutting Down Exports Leads to Soaring Gas Prices

Gas and oil prices soared in US as Iran halted some crude exports. Investors predict that the energy demand will rise as Europe moves closer towards bailing out Greece. Analysts warned that oil speculation might also push prices higher along … Continue reading

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Chemical Industry Benifiting From Natural Gas Boom

The Al-Jubail Peterochemical Company (KEMYA), Sabic and Exxon Corp. of the US, established this joint venture plant at Al Jubail Indusrtrial City, Saudi Arabia, to produce low density polyethlene. The ethylene required as feedstock for this project was to be … Continue reading

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Freezing Europe a Nightmare of Rising Wholesale Gas Prices

As a result of dipping temperatures in Europe, the United Kingdom wholesale gas prices have been duly affected, soaring to a nearly six year high on 6th February, 2012.

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