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Natural gas prices in Texas plunge deep into negative territory and producers are burning it off, while the rest of the world braces for shortages

Over the past week, spot prices at the Waha gas trading hub in the Permian Basin fell as low as -$9.75 per million British thermal units.

By Jason MaMarch 22, 2026
Alexander Gabrovsky
To unwind from his 12-hour shifts, this doctor splits his year between Kentucky and Venice—he pulls into his $438K apartment by boat
By Emma BurleighMarch 22, 2026
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CBS News won’t celebrate the 100th anniversary of Edward R. Murrow’s radio network. It will cancel it instead
By David Bauder and The Associated PressMarch 20, 2026
France is experiencing wave of crypto assault. One involved an influencer’s father doused with gasoline 
By Carlos GarciaMarch 19, 2026
Basecamp Research cofounders Oliver Vince and Glen Gowers photographed walking down a street wearing puffer jackets.
Could data from 100 million species help cure disease? One startup is betting on it
By Sharon GoldmanMarch 19, 2026
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Europe tells Trump to get lost on Iran, again
By Sam McNeil, Lorne Cook and The Associated PressMarch 19, 2026
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EconomyMarkets wait for Trump and Iran to follow through on Hormuz threats that carry potentially catastrophic results
By Jason MaMarch 22, 2026
AsiaApple CEO praises China partners as Beijing applies pressure
By BloombergMarch 22, 2026
InvestingPricier vet care: Fewer visits but still many $11,000 surgeries
By Emily Forgash, Rachel Phua and BloombergMarch 22, 2026
Arts & Entertainment‘Project Hail Mary’ becomes Amazon’s highest-grossing film debut
By Thomas Buckley and BloombergMarch 22, 2026
AIMusk says Tesla, SpaceX, xAI chip project to kick off in Texas
By Kara Carlson, Loren Grush and BloombergMarch 22, 2026
HealthForest ‘bathing’ can reduce stress, improve mood, lower blood pressure and boost the immune system. Here’s how it’s done
By Allen Breed and The Associated PressMarch 22, 2026
PoliticsCalifornia sheriff running for governor seizes more than a half million ballots from 2025 election
By The Associated PressMarch 22, 2026
Middle EastAs Trump eyes climactic battle for Hormuz, he could give Iran a ‘taste of their own medicine’ with a naval blockade that implodes the economy
By Jason MaMarch 22, 2026
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A man buys Ben & Jerry's ice cream in Jerusalem on July 20, 2021.
RetailUnilever customers swallowing ‘carryover pricing’ from historic inflation helped it generate $6.4 billion in profits so far this year
By Ryan HoggJuly 26, 2024
NEW YORK, NEW YORK - SEPTEMBER 20: Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence on September 20, 2021 in New York City. The British Prime Minister is one of more than 100 heads of state or government to attend the 76th session of the UN General Assembly in person, although the size of delegations is smaller due to the Covid-19 pandemic. According to Downing Street, Johnson planned on speaking with Bezos on the tech giant’s tax record. (Photo by Michael M. Santiago/Getty Images)
TechSpain poised to become Europe’s data center capital as Amazon and Meta invest billions to kickstart development
By Rodrigo Orihuela, Clara Hernanz Lizarraga and BloombergJuly 26, 2024
TOPSHOT - SpaceX, Twitter and electric car maker Tesla CEO Elon Musk meets with France's President Emmanuel Macron (L) at the Elysee presidential palace in Paris on May 15, 2023. (Photo by Michel Euler / POOL / AFP) (Photo by MICHEL EULER/POOL/AFP via Getty Images)
FinanceFrench President Macron reassures Elon Musk and Bernard Arnault that despite a slump in business confidence, the French market remains steady
By Samy Adghirni and BloombergJuly 26, 2024
PARIS, FRANCE June 3. Clay falls from the soles of Roger Federer of Switzerland"u2019s tennis shoes during his match against Marin Cilic of Croatia on Court Philippe-Chatrier during the second round of the singles competition at the 2021 French Open Tennis Tournament at Roland Garros on June 3rd 2021 in Paris, France. (Photo by Tim Clayton/Corbis via Getty Images)
RetailMove over Nike, Adidas and Puma—Swiss shoemaker On is dominating the Paris Olympics
By Gillian Tan and BloombergJuly 26, 2024
TOPSHOT - Passengers gather around the departure and arrival boards at the Gare Montparnasse train station in Paris on July 26, 2024 as France's high-speed rail network was hit by malicious acts disrupting the transport system hours before the opening ceremony of the Paris 2024 Olympic Games. According to SNCF a massive attack on a large scale hit the TGV network and many routes will have to be cancelled. SNCF urged passengers to postpone their trips and stay away from train stations. (Photo by Thibaud MORITZ / AFP) (Photo by THIBAUD MORITZ/AFP via Getty Images)
TechFrance’s train networks hit by ‘sabotage’ and arson just as the nation prepares to open the 2024 Olympics
By Julien Ponthus, Valentine Baldassari and BloombergJuly 26, 2024
hundreds of people seen outside of Barcelona Cathedral
LifestyleIs overtourism inevitable? One expert explains why the phenomenon is a wake-up call and how European cities are getting it wrong
By Prarthana PrakashJuly 26, 2024
Lachlan Murdoch and Rupert Murdoch at Day 10 of the US Open held at the USTA Tennis Center on September 5, 2018 in New York City.
SuccessRupert Murdoch is going to court to push his 3 more liberal kids out of his Fox and News Corp. media empires
By Ryan HoggJuly 25, 2024
Mark Schneider, chief executive officer of Nestle SA, gestures as he speaks during a panel session at the 61st Global Summit of the Consumer Goods Forum (CGF) in Berlin, Germany, on Thursday, June 22, 2017. The summit runs June 20-23. Photographer: Rolf Schulten/Bloomberg via Getty Images
RetailNestle ‘still in repairing mode’ warns CEO Mark Schneider, as Swiss giant lowers sales outlook and seeks to lure cost-conscious customers back
By Dasha Afanasieva and BloombergJuly 25, 2024
Carlos Tavares, chief executive officer of Stellantis NV, speaks during a news conference at the Fiat automobile manufacturing plant in Kragujevac, Serbia, on Monday, July 22, 2024. Fully electric and hybrid variants of the Grande Panda are planned for Serbian production. Photographer: Oliver Bunic/Bloomberg via Getty Images
FinanceStellantis profits halve amid massive drop in sales as carmaker reveals plans to revive old models
By Albertina Torsoli and BloombergJuly 25, 2024
CommentaryHow Americans can stay safe at the Paris Olympics amid global threats, according to top security experts
By Andrew Borene and Peter FordJuly 25, 2024
A shopper carrying a Gucci shopping bag in London, UK, on Friday, June 21, 2024. UK retail sales last month jumped at the strongest pace since January as consumers returned to shops to buy everything from clothes to furniture after a rainy April. Photographer: Hollie Adams/Bloomberg via Getty Images
FinanceGucci owner Kering rocked by luxury industry slowdown as shares crash a further 10% in Paris
By Angelina Rascouet and BloombergJuly 25, 2024
Nikolay Storonsky, chief executive officer of Revolut Ltd., smiles during a Bloomberg Television interview in London, U.K., on Thursday, Aug. 1, 2019. Revolut is expanding into stock trading, allowing its customers to buy and sell U.S. equities. Photographer: Luke MacGregor/Bloomberg via Getty Images
FinanceRevolut secures long-awaited banking license after 3 years—positioning the firm to rival banking giants Barclays and HSBC
By Aisha S Gani and BloombergJuly 25, 2024
Marco-Alvera--Tree-Energy-Solutions-CEO-Agenda
LeadershipHow a philosophy degree and years of private equity work catapulted Marco Alvera into the CEO chair at e-NG producer, Tree Energy Solutions
By Peter VanhamJuly 25, 2024
People passing the Louis Vuitton store on Bond Street which has seen a recent drop in demand for luxury goods and with some stores deciding to move out on 4th February 2024 in London, United Kingdom. Bond Street is one of the principal streets in the West End shopping district and is very upmarket and has been a fashionable shopping street since the 18th century. The rich and wealthy shop here mostly for high end fashion and jewellery. (photo by Mike Kemp/In Pictures via Getty Images)
FinanceTrouble lies ahead for European luxury brands and car makers as China’s slowdown hurts profits, share prices, valuations and jobs
By Kit Rees, Verena Sepp and BloombergJuly 25, 2024
WOM-0924
MagazineLeading the charge: These 25 female-heavy C-suites highlight the dearth of women in Europe’s boardrooms
By Ryan Hogg and Grethe SchepersJuly 24, 2024
Max Verstappen of Netherlands, Oracle Red Bull Racing, portrait during the Formula 1 Rolex Australian Grand Prix of FIA Formula One World Championship from 30th of March to 2nd of April, 2023 on the Albert Park Circuit, in Melbourne, Australia. (Photo by Gongora/NurPhoto via Getty Images)
RetailRolex downturn? LVMH’s ‘smaller’ Swiss watch brand grapples with Rolex over $150 million Formula 1 sponsorship deal
By Andy Hoffman, Angelina Rascouet and BloombergJuly 24, 2024
people queuing up to board an easyjet flight
FinanceBudget airline EasyJet sells an extra 1.5 million tickets with profits up 16% as its summer looks vastly different from struggling rival Ryanair
By Prarthana PrakashJuly 24, 2024
Chocolate Easter bunnies at a grocery store in Toronto, Ontario, Canada
RetailChocolate shortages: Swiss chocolate maker Lindt warns that poor harvests and high prices may lead to a global slowdown
By Mumbi Gitau, Ilena Peng and BloombergJuly 24, 2024
Aston Martin is in the middle of a turnaround led by Executive Chairman, Lawrence Stroll.
FinanceLong roads lie ahead for Britain’s Aston Martin as losses widen and SUV sales slump
By Jamie Nimmo and BloombergJuly 24, 2024
A guest wears Louis Vuitton red leather bag, outside Louis Vuitton, during the Paris Fashion Week Menswear Spring/Summer 2025 on June 18, 2024 in Paris, France.
RetailPrada and Dior counterfeits are soaring in popularity because Gen Z is trying to ‘achieve a sense of social equality’
By Ryan HoggJuly 24, 2024
Man holding passport and boarding pass at airline check-in counter
LifestyleFrance, Germany, Italy and Spain no longer hold the world’s most powerful passports
By Ivy Chok and BloombergJuly 24, 2024
people taking the escalator in front of a Dior store in a mall
RetailLVMH’s wine, champagne and handbags still can’t win back budget-tight Chinese consumers rationing their luxury purchases
By Prarthana PrakashJuly 24, 2024
James Barclay, Team Director, Jaguar TCS Racing, celebrates winning the Team Championship on the podium during the London E-Prix, round 16 of the 2024 FIA Formula E World Champsionship at ExCel London on July 21, 2024 in London, England.
LifestyleJaguar Land Rover built the world’s best electric race car. Here’s how they plan to put that tech into tomorrow’s EVs
By Ryan HoggJuly 24, 2024
The creation of ‘Nutella Gelato’ is part of Nutella's 60th anniversary celebrations.
RetailFerrero has launched an original ‘Nutella Gelato’ in Europe this summer to combat the rise of ice cream copycats
By Silvia MarchettiJuly 24, 2024
Thomas Schinecker, CEO of Roche Holding.
RetailAn obesity pill study tested on just 25 patients led to a stunning $16.8 billion increase in Swiss drugmaker Roche’s market value
By Naomi Kresge, Lisa Pham and BloombergJuly 23, 2024
LifestyleWelcome to ‘Ratatouille’: Paris is trying to curb its rat population ahead of the Olympics kick-off as thousands descend on the French capital
By Prarthana PrakashJuly 23, 2024
LifestyleEuropean cities are trying to shun young ‘drunk’ tourists in favor of big spenders, but there are concerns the move could be ageist
By Ryan HoggJuly 23, 2024
Tourists are trying to cool off with the help of fountains in the streets in Rome, Italy, on July 21, 2024, as the city is on alert for extreme heat today and tomorrow. (Photo by Massimo Valicchia/NurPhoto via Getty Images)
EnvironmentLack of solar and wind energy is causing Italy to boost imports of nuclear power from France to chill the summer heatwave
By Eamon Akil Farhat and BloombergJuly 23, 2024
PULILAN, PHILIPPINES - JUNE 26: A live host promotes products for a skincare brand on a TikTok Shop livestream at one of the studios of Ownline Marketing on June 26, 2024 in Pulilan, Bulacan province, Philippines. Ownline Marketing, an agency that specializes in marketing brands on TikTok Shop and other e-commerce platforms, began only early this year with just one client but has quickly expanded to serving more than a dozen local and foreign brands, operating full production studios and delivering slick livestreams reminiscent of television home shopping channels. TikTok Shop, the e-commerce platform within the popular short video app, has spurred a booming live selling industry in the Philippines, where businesses are benefiting from TikTok's prized algorithm to sell more and faster, disrupting the market for other established e-commerce platforms in the region. However, a proposed bill in the Philippine Congress, House Bill 10489, introduced amid geopolitical tensions with China and following similar moves by other countries, aims to ban "foreign adversary-controlled" apps, likely targeting TikTok and could threaten the livelihoods of many Filipinos who have built their businesses on the platform​​​​. (Photo by Ezra Acayan/Getty Images)
RetailTikTok Shop set to launch in Spain and Ireland this summer—a move to boost ByteDance’s e-commerce efforts in Europe
By Zheping Huang, Olivia Poh and BloombergJuly 23, 2024
Bernard Arnault, billionaire and chairman of LVMH Moet Hennessy Louis Vuitton SE, left, and Alexandre Arnault, vice president of Tiffany & Co., at the Viva Technology conference at Porte de Versailles exhibition center in Paris, France, on Friday, June 18, 2021. Viva Tech is dedicated to innovation and startups and runs June 16 - 19. Photographer: Nathan Laine/Bloomberg via Getty Images
RetailUnachievable sales targets, lower commissions and more competition: How LVMH’s $16 billion bet on Tiffany & Co has fallen short
By Jeannette Neumann and BloombergJuly 23, 2024
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