Proposed Macrogrid Would Improve Reliability And Resilience Of US Electric Power, Study Says
Researchers say the benefits of connecting the eastern and western grids far exceed the projected $50 billion cost.
Researchers say the benefits of connecting the eastern and western grids far exceed the projected $50 billion cost.
The usual factors that would move the needle for crude oil prices midweek were overshadowed by other high-profile events.
The average retail price of gasoline is stuck at around $3.40 per gallon and several factors help explain why.
Crude oil prices remain at multiyear highs and could undermine U.S. economic growth. Will Strategic Petroleum Reserves be tapped?
Federal estimates for the price at the pump were revised higher in a monthly energy market forecast.
The White House has been pressuring the production group to open the spigot to bring prices lower, but it was rebuffed again.
Sixty-five years after striking oil in the Niger River Delta, the giant multinational is still learning what not to do.
Commercial crude oil inventories in the U.S. market are below the five-year average for this time of year.
The national average price for a gallon of gas is 20 cents higher than a month ago, creating tensions in the commodities market.