Natural gas producers continue to make losses as govt-dictated prices remain low: Icra
The domestic gas price notified at $1.79 per million British thermal unit for the six months beginning April 1 remains the lowest since the institution of the modified Rangarajan formula
PTI | April 3, 2021 | Updated 16:29 IST
Natural gas production remains a loss-making proposition for most fields for the Indian upstream producers as government-dictated gas price remains at its lowest level, rating agency Icra has said.
The domestic gas price notified at $1.79 per million British thermal unit for the six months beginning April 1 remains the lowest since the institution of the modified Rangarajan formula.
Why Are Gas Prices Climbing and, Are Politicians To Blame?
If there were such thing as Murphy s Law about traveling in the middle of a declining pandemic I have no doubt that it would state something along the lines of as our world begins to open, gas prices will be so astronomically high that nobody will want to travel.
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A fact that you and I are quite aware of is that gas prices are steadily climbing. When I visited my parents in Albany last weekend, I filled up for $2.81 a gallon. The same gas in Binghamton set me back $2.97 a gallon. So, what does the rest of the country look like? The United States average for a gallon of gas, per AAA, is $2.88 (
Minnesota utility working to ease burden from gas bills
Mar 17, 2021 2:15:pm
Summary A state utility company said it was working to spread payments for consumers out to ease the burden from the February spike in natural gas prices.
by: Daniel Graeber
Utility company CenterPoint Energy, which caters to the Minnesota market, told a state regulator this week it was adjusting its payment protocol to lessen the impact of the February spike in n.
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