Heating Assistance Available to Oswego County Residents

Winter heating costs are expected to be more than 20% higher for the average residential customer in the 2021-2022 season. State agencies and local utilities are offering information on financial assistance programs and tips on managing energy costs as temperatures drop. The New York State Department of Public Service (DPS)...
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Gas prices drop in Ohio after crude prices, demand decreases

The average gas price for Northeast Ohio is six cents lower for the week of December 6 with the average prices at $3.126 per gallon according to AAA East Central's Gas Price Support. Last week, the average gas price for Northeast Ohio was $3.182 per gallon, and during the week...
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West Virginia coal production decreases

(LOOTPRESS) – Total West Virginia coal production decreased week over week by -2.6%. Production in the state’s NAPP region declined by -1.3% and production in the CAPP region of the state decreased by -4.8% from the previous week. Year to date, statewide coal production is up +19.5% from the same 48 week period in 2020: +29.6% from the state’s NAPP region and +7.3% from the CAPP region of the state.
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U.S. Set To Become Largest LNG Exporter In The World

After the launch of new liquefication trains at Calcasieu Pass and Sabine Pass in 2022, the U.S. will be the largest LNG exporter in the world. After the launch of new liquefication trains at Calcasieu Pass and Sabine Pass in 2022, the U.S. will have the largest LNG export capacity in the world, the Energy Information Administration (EIA) said.

Drop in benchmark DOE/EIA diesel price largest since pandemic’s early days

The most important diesel fuel price for the trucking industry dropped this week by an amount not seen since the pandemic was in full swing. The Department of Energy/Energy Information Administration average weekly retail diesel price declined 4.6 cents to $3.674 a gallon. That decline is the largest since a 7.3-cent drop posted on March 30, 2020, when the benchmark diesel number for fuel surcharges was in the midst of a pandemic-created collapse that took the price from $3.079 on Jan. 6 and sent it down for 19 consecutive weeks to $2.386.

Gas prices retreat on fears of COVID-19 resurgence

WASHINGTON, D.C. (LOOTPRESS) — Pump prices continue to tumble as fears of a possible COVID-19 global economic slowdown pushed oil prices into the mid $60s per barrel—a price not seen since August. Also helping to ease upward pricing pressure was the decision by OPEC and its oil-producing allies not to cut production. The national average for a gallon of gas dipped 4 cents on the week to $3.35. For consumers, gasoline prices were last this low on October 20.

AAA: Gas prices lower in Ohio

The average price of gasoline across South Central Ohio is three cents lower this week at $3.182 per gallon, according to AAA East Central’s Gas Price Report. This week’s average prices: South Central Ohio Average: $3.182. Average price during the week of November 29, 2021 $3.215. Average price during the...

Significantly lower diesel prices reported

U.S. – $3.674, down 4.6 cents. East Coast – $3.658, down 2.6 cents. New England – $3.654, down 1.2 cents. Central Atlantic – $3.824, down 2.1 cents. Lower Atlantic – $3.556, down 3 cents. Midwest – $3.536, down 6.6 cents. Gulf Coast – $3.402, down 5.2 cents. Rocky Mountain –...

AAA: Gas prices in Carolinas continue to fall after crude oil plunges

CHARLOTTE, N.C.  – Gas prices in the Carolinas continue to trend cheaper as fears of a possible COVID-19 economic slowdown caused crude oil prices to plunge into the mid $60s per barrel, a price not seen since August. “Motorists are catching a break right now at the pumps with lowered gas prices,” said Tiffany Wright, […]

A New Industrial Revolution for a Livable Climate

U.S. industries account for 30% of national greenhouse gas (GHG) emissions, while the industrial sector globally accounts for 40% of all GHG emissions. Switching to renewable energy addresses only a fraction of industrial emissions. However, there are technologies and approaches ready now to reduce emissions from industry, and innovations that could fully decarbonize the sector.

AUD/USD Rises With Down Jones as Traders Await China Trade Data, RBA

Australian Dollar, AUD/USD, China, Trade, RBA, Omicron - Talking Points. Australian Dollar rises versus USD as broader risk aversion recedes. Chinese trade data, Reserve Bank of Australia meeting in focus. AUD/USD rises, with potential test of former 2021 low coming. Tuesday’s Asia-Pacific Forecast. The risk-sensitive Australian Dollar gained versus the...
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Diesel Falls 4.6¢ to $3.674 a Gallon

The national average price for diesel slipped 4.6 cents to $3.674 a gallon, according to Energy Information Administration data released Dec. 6. The price decrease was the third in as many weeks for trucking’s main fuel, totaling 6 cents. Prior to Nov. 22, it had risen for nine consecutive weeks.

More tigers are in farms than in the wild

The trade in traditional “medicines” has severely hurt the population of wild tigers. Meanwhile, there has been a boom in the demand for tiger farms. At these farms, the striped cats are raised as livestock to be sold and cooked in high pressure cookers to dissolve their skeletons and create “tiger bone glue.” In 2017, the Environmental Investigation Agency (EIA) identified over 200 tiger farms, mainly in Vietnam, China and Thailand.

Crude Oil Price Rise May Struggle on Incoming Supply, Demand Data

Crude oil prices rebounding amid broad-based recovery in risk appetite. Hopes for mild Omicron impact, lull in Fed-linked news may be at work. Incoming trade, output and inventory data may cap upward momentum. Crude oil prices are on the upswing, with the WTI contract tracking higher alongside bellwether S&P 500...

EIA report: California hydroelectric facilities continue to respond to prices despite drought

Despite widespread, intense drought conditions, hydroelectric power plants in the California Independent System Operator (CAISO), the grid operator for most of the state, provided a significant amount of generation from April 2021 to September 2021, according to the U.S. Energy Information Administration. Although drought conditions reduced water supply, hydroelectric generation...

3 Natural Gas Stocks To Buy for the Coming Winter

Winter months typically put natural gas stocks in the limelight. Energy consumption has made a remarkable rebound this year from pandemic-induced low levels. For instance, despite the recent pullback in price, natural gas prices have surged over 80% so far in 2021. Meanwhile, the S&P GSCI Natural Gas Index Spot is up 68% year-to-date (YTD).

December outlook for natural gas: Brace for a market reversal as the year ends

Natural gas got crushed since reaching its peak in early October. It went down from a multi-year high of $6.47/MMBtu on October 5 to close at $3.65 on December 6 for the January contract. That is a whopping 43.5% drop. Even more striking is the fact that January futures contracts, as a rule, command a higher premium than futures contracts for the rest of the year.