Updated April 28 at 2:28pm
Energy
197 results total, viewing 41 - 50
The financial debacle that has befallen Russia as the price of Brent crude dropped 50 percent in the last four months has overshadowed the one that potentially awaits the U.S. shale industry in 2015. It’s time to heed it, because Saudi Arabia and other major Middle Eastern oil producers are unlikely to blink and cut output, and the price is now approaching a level where U.S. production will begin shutting down. more
Sources confirmed Friday that Cape Wind Associates LLC has ended payments and an existing lease agreement option with Quonset Business Park in North Kingstown. more
Cape Wind, the $2.6 billion offshore wind farm that’s been under development in Massachusetts for 13 years, is facing a significant threat as two utilities seek to terminate contracts to buy electricity. more
The brouhaha over National Grid’s rate increases for electricity is understandable. more
Rather than trying to predict the increasingly volatile price of energy, some Rhode Island businesses are saying ‘no’ to National Grid’s fluctuating prices and entering into predictable, multiyear contracts with other energy suppliers. more
Gasoline prices have had a double-digit drop for the third consecutive week in Rhode Island and Massachusetts, reaching their lowest point in five years, according to AAA Southern New England. more
Paul G. Afonso recently was named to Utilidata’s board of directors. Afonso is the former chairman of the Massachusetts Public Utilities Commission. more
(Updated, 3:44 p.m.) The state Public Utilities Commission on Tuesday unanimously approved a proposed electricity rate increase, which will be divvied up as a monthly rate hike throughout the year for residential customers, while a 10 percent deferral is slated for commercial customers. more
Gasoline prices in Rhode Island and Massachusetts continued their downward spiral, dropping 13 cents and 11 cents, respectively, from last week, according to AAA Southern New England. more
Call it the natural gas paradox: The more abundant and inexpensive the fuel becomes, the more it seems to cost New England electricity users. more
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