Energy
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Average U.S. gasoline prices hit $4 per gallon again as hostilities with Iran resume
Indiana had the cheapest average gas price, at $3.35, while California drivers were paying the most, at $5.50 per gallon.
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Mitsubishi finalizes $7.5B purchase of Louisiana gas assets
Taken together, Japanese multinationals will produce an estimated 4.5 billion cubic feet per day or about 30%-35% of the Haynesville region’s total natural gas in 2026.
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Gas prices start to rise in Southwest after end of ceasefire
Costs remain particularly high in the Southwest, with the average gas price at $5.43 a gallon Friday in California. That was also the price in Hawaii.
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Ayotte calls for reforms to regional electric grid
In a letter to ISO-New England, which operates the regional electric grid, Ayotte called for reforms to the so-called Day-Ahead Ancillary Services Market.
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New ads defend GOP attorneys general in ESG lawsuit fight
Consumers’ Defense said the ads started airing on Wednesday in Alabama and Iowa.
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Energy consortium makes investment into building first coal plant in US in past 13 years
If the plant is permitted and constructed, it will be the first new coal-fired power plant in the U.S. since 2013, when the Sandy Creek Plant in Texas came online.
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As reliability concerns grow, Democrats signal retreat from previous push to 100% renewable energy
A House Energy and Commerce hearing examining electric reliability during Winter Storm Fern revealed a shift in rhetoric on energy. Democrats appeared to now accept that the grid needs fossil fuels, and points about a "climate crisis" were noticeably rare.
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Bill would limit climate suits against energy industry
The Louisiana measure comes in the wake of a federal lawmaker, Rep. Harriet Hageman (R-Wyoming), saying she is working on a federal bill to regulate climate-change lawsuits and bills relating to the climate superfund.
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Virginia gas prices rise, still remain below Maryland
GasBuddy said the national average for gasoline rose more than 23 cents over the last week to about $3.68 a gallon.
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Arizona utility proposes rate hike to maintain grid reliability
Last June, APS filed paperwork with the Arizona Corporation Commission to increase its rates by 14%. However, state Attorney General Kris Mayes filed expert testimony opposing the hike last week, saying it should be limited to 3%.
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Hochul to seek delays in New York climate change law
"I think we need a longer runway," New York Gov. Kathy Hochul said in remarks in Buffalo. "All the goals we’re supposed to meet would have to be met by 2030, 2031. That’s not possible without prices going up."
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Louisiana preparing nuclear energy framework as power demand grows
Louisiana Economic Development Secretary Susan Bourgeois said the governor has made clear he sees a future for the state in the domestic resurgence of nuclear power and has directed state agencies to develop a plan for what that could look like.
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Trump steamrolls over California’s anti-fossil fuel crusade to get oil flowing from offshore rigs
Were it not for the fact that California GDP accounts for 14% of the U.S. total, and is home to military installations and key shipping ports, Trump might be happy to let the state run its energy industry into the ground. But with its impacts reaching beyond state borders, Trump is taking action.