With warmer weather and U.S. reserves being released, a downturn in price is expected but the timing is hard to predict.
energy
Posted inOp-eds, Opinion
Commentary: Manchin’s energy plan is just what Biden needs
The president can show his commitment to low gas prices by supporting the senator’s efforts to reach a compromise.
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Posted inBusiness, Local & State
Mainers likely to endure high electric rates into 2023
The reactions of global energy markets to Russia’s war in Ukraine are expected to keep electric rates up in Maine next year.
Posted inBusiness, Local & State
Weatherization, heat pumps, EVs: State pushes energy cost solutions, but can you do them this year?
The most popular and cost-effective options for reducing household energy use are limited by high demand, labor shortages and supply chain issues.
Posted inOp-eds, Opinion
Insight: Our lives will improve if daylight saving time becomes permanent
The Sunshine Protection Act will save lives, conserve energy and prevent crime. The Senate passed it last month – now it’s time for the House to follow suit.
Posted inBusiness, Local & State
Consumer advocates push for strict standards in proposed Maine utility rating system
The Maine Public Utilities Commission is weighing a system of regular report cards and possible penalties for power utilities in the state.
Posted inBusiness, Local & State
Two bills to ease Mainers’ energy costs clear legislative committees
One would provide tax breaks to qualifying businesses with high energy bills, and the other would create a council to advise ratepayers.
Posted inNation & World
Energy agency: ‘Radical action’ needed to hit climate goals
But OPEC expects more oil will be needed in the coming decades, mainly due to a population boom in Asia.
Posted inBusiness, Nation & World
Ukraine war drives U.S., EU deal to undercut Russian energy
Under the plan, the U.S. and other nations will increase liquified natural gas exports to Europe this year.
Posted inBusiness, Local & State
Maine regulators propose tougher performance standards for power utilities
The Maine Public Utilities Commission is considering a plan to add new standards through rulemaking that would be similar to those proposed in a pending bill being debated in the Legislature.