A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File Photo© Thomson Reuters By Paul Carsten and Arunima Kumar LONDON (Reuters) -Oil prices plunged by 8% on Friday, heading for their lowest close since the middle of the pandemic in 2021, as China hit back in an escalating global trade…
AAA data shows that one week ago, a gallon of gas cost 14 cents less in Florida. Florida gas prices continue to seesaw after recently hitting a 15-month low. Last Monday, AAA announced that the state average for a gallon of gas had fallen below $2.96. Those sub-$3 prices didn’t last long. By Thursday, a…
Exelon (EXC), American Electric Power (AEP) and Xcel Energy (XEL) Are Nasdaq Winners Today As the Market Tanks © zhengzaishuru / iStock via Getty Images Markets are a bit of a volatile mess. While the Dow Jones is up about 12 points, the tech-heavy NASDAQ is down about 315—all thanks to concerns about tariffs, which…
Forecasts for Cooler US Weather Boosts Nat-Gas Prices© Provided by Barchart May Nymex natural gas (NGK25) on Monday closed up +0.054 (+1.33%). May nat-gas prices on Monday rose to a 1-week high and settled moderately higher on cooler forecasts for the eastern US, which would boost heating demand for nat gas. Forecaster Atmospheric G2 said Monday…
Two years after a bold crackdown on Big Oil, the results of what it means for residents of the Golden State are being debated. Gas prices in California have long been a headache. Add in accusations of price gouging and a high-profile law to stop it, and you’ve got a political powder keg. In 2023, state…
LITTLE ROCK, Ark. – A bill adding requirements for gas well operator reporting passed its first committee hearing Wednesday after extensive testimony. House Bill 1656 requires gas well operators to provide leaseholders with an itemized accounting. If it becomes law, each deduction from the leaseholder’s payment will be accounted for. Arkansas legislature bills filed Tuesday include…
It just got easier to have clean energy and see more job growth in Ohio as Electrek reported that Fox Squirrel Solar — the largest solar farm in Ohio — is fully online and sending electricity to the grid. EDF Renewables North America built Fox Squirrel Solar, their largest onshore clean energy project, with 1.4 million solar…
The author says Duke Energy’s continued stubborn and misguided reliance on natural gas like the kind produced at this processing facility is bad for consumer energy prices and the environment. (IStock photo courtesy of JPM Strategies) Cold snaps in January and February left many North Carolinians dealing with sustained below-freezing temperatures, making the consequences of…
Critics say Senate Bill 261 will relieve pressure on Duke Energy to move rapidly away from generating electricity from fossil fuels as is done in this Indiana coal-fired facility. (Photo: Robert Zullo for States Newsroom) A measure that would eliminate the interim goal for Duke Energy to cut its carbon emissions continued on its fast track through…