The rising cost of heating oil is a Northeast problem since 4.1 million households in the region rely on heating oil during the winter.
energy
Posted inUncategorized
U.S. offshore wind energy industry faces blowback
People in Ocean City, N.J., believe the farms damage the environment and they don’t have confidence in what is a brand new industry for the country.
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Posted inBusiness, Local & State, News
How to save money when trying to stay warm
Here are 10 DIY tips to help keep your home warm this winter. Some don’t cost a cent, and others are inexpensive.
Posted inBusiness, Local & State
As heating costs soar, Mainers worry about the price of warmth
Oil costs are at record highs, electricity rates are increasing and temperatures are dropping. The result could be a crisis for Maine residents this winter.
Posted inBusiness, Local & State, New England, News
Pricey, imported natural gas will drive Maine’s electricity habit this winter
While the U.S. exports natural gas at record levels, New England will have to import it, in liquid form. That dependence could cost a typical Maine household an extra $22 a month in electricity.
Posted inBusiness, Local & State, News
Summit Natural Gas request for higher rates has some Mainers fuming, questioning
A decade since the company came to the state, enthusiasm for the energy provider has been dampened by high costs and slow service expansion.
Posted inLocal & State, Morning Sentinel
Waterville council votes to join state partnership in protecting city against climate change
The City Council on Tuesday took a first step to prepare for a plan to reduce carbon emissions, transition to clean energy and become more resilient to climate change by adopting a resolution to partner with the state on a climate action plan called Maine Won’t Wait.
Posted inBusiness, Nation & World, News
Oil companies see unprecedented profits as consumer prices soared
On Friday, Exxon Mobil booked an unprecedented $17.85 billion profit for the second quarter and Chevron made a record $11.62 billion.
Posted inBusiness, Nation & World
Russia’s Gazprom to cut gas flow to Europe to 20% of capacity
Concerns are rising about a possible recession if Europe does not save enough gas and rationing is required to get through the cold months.
Posted inBusiness, Nation & World, News
‘We’re in trouble’: Electric rates in Texas have surged over 70% as summer kicks in
This month, the average residential rate listed on the site was 18.48 cents per kilowatt hour. That’s up from 10.5 cents in June 2021.