Lawmakers will be under pressure to find some compromise on making power companies more accountable in Maine.
energy
Posted inNation & World, News
Ukraine war leads to pressure for U.S. to increase oil production
President Biden’s move to ban oil from Russia over its invasion of Ukraine was met with calls to boost U.S. production to help bring down soaring gasoline prices.
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Posted inBusiness, Local & State
Power bill tax relief: Lawmakers find no easy solutions to complex problem
The sponsor of a bill envisioning some form of tax relief acknowledges, ‘there’s no silver bullet’ to ease high energy costs.
Posted inBusiness, Local & State
Maine drops CMP fraud probe after accuser withdraws suit and judge dismisses case
The state Public Utilities Commission has closed its summary investigation into potential rate impacts at Central Maine Power, citing a lack of evidence.
Posted inBusiness, Local & State
Gasoline prices hold steady in Maine after rapid surge
The average regular gasoline price in Maine was unchanged Sunday from a week earlier at a record high of $4.26 per gallon.
Posted inEditorials, Opinion
Our View: Immediate relief, long-term prevention needed in face of spiking fuel costs
Our reliance on cheap oil has put Americans in a tough spot. The only way out is through clean energy.
Posted inBusiness, Local & State, News
As energy prices surge, Maine lawmakers propose new relief bills
Democrats unveiled proposals Wednesday aimed at easing the effects that are hitting now and planning for future price spikes.
Posted inBusiness, Local & State
Ukraine crisis sends fossil fuel prices soaring in Maine
Gasoline prices are approaching a record high, and heating oil already has surpassed the previous record.
Posted inBusiness, Nation & World
U.S. gasoline prices rise again as support grows for banning Russian oil
Top congressional officials reached agreement Monday on legislation that would ban Russian oil imports to the U.S. and end Russia’s permanent normal trade relation status.
Posted inBusiness, Local & State
Con Edison proposes new power transmission line from Aroostook County
A subsidiary of energy delivery giant Consolidated Edison Inc. is seeking to connect planned energy projects in northern Maine to New England’s electrical grid.