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gas prices

Greece Ranks Third in EU for Struggling to Heat Homes

Greece has ranked third within the European Union for the highest prevalence of home heating challenges. According to the latest statistics released by Eurostat, 18.7 percent of the population reported difficulties in keeping their homes adequately warm during the...

EU Fills 90% of Gas Storages Ahead of Schedule

Stocks of natural gas in the EU have reached a historic high. By August 17th, the storage facilities of the EU member states were 90.12 percent full. This was reported by Politico in reference to data from the Gas...

Prices of Goods Continue to Increase in Greece

Prices of everyday goods in Greece continue to increase, which has caused shoppers to cut back significantly in recent months. The cost of everything from electrical appliances, cars, milk, and soap has increased substantially in Greece, much like in most...

Greek State TV Shows How to Steal Gas From Cars, Prompting Criticism

Greek state TV ran a news segment on Wednesday showing viewers how to steal gas from cars, prompting criticism at a time when the nation's average fuel price is now over 2.4 euros ($2.53) per liter. During the morning broadcast...

Gas Prices in Greece: Cheaper to Fly to Paris Than Drive to Thessaloniki

Gas prices have risen so much in Greece -- just as they have in the rest of the world -- that it is cheaper for an Athenian to take a flight to Paris than to drive to the northern...

United States Bans Russian Oil Imports

The United States banned Russian oil imports despite that nation warning the world earlier on Tuesday that there may be "catastrophic" increases in oil prices if Western countries ban the imports, as several other nations have proposed to do. Last...

Gas Prices Reach New Highs in US in Wake of Ukraine War

The average price of gas in the US passed $4 this weekend, making it the first time gas prices had reached such heights since 2008. The war in Ukraine has fueled the price jump, as Russia is currently the third-largest...

Could EU Energy Price Hikes Lead to a Global Energy Crisis?

Gas and other energy prices have spiked in Greece, Europe and globally in the past two weeks. Experts have been researching whether this could lead to a new global energy crisis, like the one in the 1970s. Analysts believe gas...

Especially Cold Winter Predicted as Fuel Crunch Intensifies

Energy traders -- and all the consumers who are looking at their wallets as the energy crunch intensifies in Europe -- are apprehensive about the oncoming winter months; unfortunately, an especially cold winter is predicted this year by meteorologists. Disturbances...

As Prices Rise, Russia’s Gazprom Cuts Gas Supplies to EU by 70%

The Russian firm Gazprom, which is majority owned by the Russian state, is continuing to reduce gas supplies to Europe via Belarus, potentially aggravating tense market conditions. The price of gas has all but doubled in the last few...