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PublishedMarch 30, 2022
Two bills to ease Mainers’ energy costs clear legislative committees
One would provide tax breaks to qualifying businesses with high energy bills, and the other would create a council to advise ratepayers.
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PublishedMarch 29, 2022
Energy agency: ‘Radical action’ needed to hit climate goals
But OPEC expects more oil will be needed in the coming decades, mainly due to a population boom in Asia.
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PublishedMarch 25, 2022
Ukraine war drives U.S., EU deal to undercut Russian energy
Under the plan, the U.S. and other nations will increase liquified natural gas exports to Europe this year.
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PublishedMarch 24, 2022
Maine regulators propose tougher performance standards for power utilities
The Maine Public Utilities Commission is considering a plan to add new standards through rulemaking that would be similar to those proposed in a pending bill being debated in the Legislature.
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PublishedMarch 21, 2022
Legislative committee splits 3 ways on utility accountability bill
Lawmakers will be under pressure to find some compromise on making power companies more accountable in Maine.
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PublishedMarch 18, 2022
Ukraine war leads to pressure for U.S. to increase oil production
President Biden’s move to ban oil from Russia over its invasion of Ukraine was met with calls to boost U.S. production to help bring down soaring gasoline prices.
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PublishedMarch 15, 2022
Power bill tax relief: Lawmakers find no easy solutions to complex problem
The sponsor of a bill envisioning some form of tax relief acknowledges, 'there's no silver bullet' to ease high energy costs.
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PublishedMarch 15, 2022
Maine drops CMP fraud probe after accuser withdraws suit and judge dismisses case
The state Public Utilities Commission has closed its summary investigation into potential rate impacts at Central Maine Power, citing a lack of evidence.
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PublishedMarch 14, 2022
Gasoline prices hold steady in Maine after rapid surge
The average regular gasoline price in Maine was unchanged Sunday from a week earlier at a record high of $4.26 per gallon.
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PublishedMarch 9, 2022
As energy prices surge, Maine lawmakers propose new relief bills
Democrats unveiled proposals Wednesday aimed at easing the effects that are hitting now and planning for future price spikes.
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