Natural gas prices are projected to decline, but the prospect of war in the Middle East could change things.
natural gas
Posted inLocal & State
Maine to receive $38 million in low-income heating aid
Maine’s congressional delegation announced the Low-Income Home Energy Assistance Program award Tuesday.
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Posted inNation & World
U.S. Supreme Court asked to set aside ruling that blocks construction on West Virginia pipeline
Congress passed legislation last month ordering all necessary permits be issued for the pipeline, which crosses rugged mountainsides in Virginia and West Virginia, but the action was challenged in court.
Posted inBusiness, Local & State, News
Tentative settlement reached in Summit Natural Gas rate hike request
The Office of the Public Advocate negotiates a proposed 200% rate hike down to 49%. The PUC still must review the proposal before it can be approved.
Posted inBusiness, Nation & World, News
Natural gas exporters: Market to be tight until 2025
Natural gas prices have skyrocketed worldwide following the Russian invasion of Ukraine this year.
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
Expect tight supply of heating oil, K1 kerosene this winter
From refinery issues to labor woes, industry facing big hurdles.
Posted inBusiness, Local & State, News
Summit customers will see bills double as natural gas supply costs more
Tuesday’s PUC action is separate from another rate request under consideration and reflects high supply costs for natural gas providers in a volatile global market.
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 inBusiness, Nation & World
Putin demands payment in rubles for Russia’s gas, but leaves a loophole
European leaders insist payment will remain in euros and dollars and want to see the fine print of how the decree will be implemented.