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Sale will be a key test of investor appetite for gas infrastructure as Britain tries to shift to renewables. Industry says it can help lower costs and enable faster development of electric vehicles in the US and Europe. Companies must balance rewarding investors while trying to keep energy bills affordable. Move to end contract and start removing parts comes as west rethinks Chinese involvement in critical infrastructure. Electricity network operator activates voluntary service first introduced during energy crisis last winter on Wednesday evening.
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Natural-gas prices are rising after a second big producer said it curtailed output in response to low prices brought on by [unusually warm winter weather and record U. According to GasBuddy, the national average for regular gas prices is beginning to increase. In the near term, De Haan states there are a few key catalysts that could push prices higher: "I think right now the Middle East is something we continue to watch. The Middle East could certainly change. We've seen situations where things drastically change over night, and of course there's a lot of crude oil being produced in the Middle East. Seasonally, though, I'm looking much more at refineries. This is the time of year that there's a lot of pressure on refineries. They are doing maintenance before the summer. They are transitioning over to summer gasoline. In the background, demand is all going up at the same time. That puts a lot of pressure on refineries to finish that maintenance, to get back online and boost production. Editor's note: This article was written by Nicholas Jacobino. Yahoo Finance. Sign in.
Top Research Firms. The Middle East could certainly change.
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Sale will be a key test of investor appetite for gas infrastructure as Britain tries to shift to renewables.
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