NY: Regulators Consider Utility Bailout
New York utility regulators consider a massive bailout for small businesses and residential homes whose unpaid utility bills have ballooned to $2.3 billion throughout the pandemic. Read the story.
Market Snapshot: July 11, 2022
Natural Gas VOLATILITY IS STILL THE KEYWORD MARKET JUMPS 83 CENTS ON SMALL STORAGE REPORT The market jumped 83 cents on Thursday on news of a smaller-than-expected storage report that continued worries about our storage situation going into Winter ’22. The closing of the Freeport LNG facility has spooked investors as we are more than…
Latest Energy News: Market Snapshot – July 6, 2022
HEAT PERSISTS THROUGH TEXAS AND THE PLAINS STATES Natural Gas: THE MARKET HAS DROPPED ALMOST $4.00 IN THE LAST MONTH FREEPORT AND EASING WEATHER EXTREMES From a high of $9.54 on June 8th, when the Freeport facility suffered the explosion, the market has dropped $3.75 in the last month, and electricity pricing is finally catching…
Ohio Energy Bills to Increase by $400 Billion
Ohio utilities collectively seek $400 million in additional annual charges from customers as part of rate increase requests, which critics say come as inflation is already hurting consumers.