Oil industry applauds end to Saudi-Russia price war
A price war between Russia and Saudi Arabia that had tanked prices at the pump for weeks ended last week with the signing of an oil production cut agreement by OPEC+, a move that has been lauded by industry groups. OPEC and its oil-producing allies finalized the largest single output cut in hist... Read More »Electric utilities urge safety, social distancing during current storms in South, East Coast
Easter Sunday storms continued Monday to rip across the South and East Coast disrupting and dismantling electric lines, as public utility linemen diligently worked to restore power to thousands of customers experiencing outages. Amid both the downed lines, broken poles and the spread of COVID-19,... Read More »Credit: Hawaiian Electric
COVID-19 causes drop in electric demand across Hawaii
With tourism shuttered, businesses closing and thousands sheltering at home as a result of the COVID-19 pandemic, Hawaiian Electric has reported a significant drop-off in demand, reaching as high as 14 percent on Maui. As of the week of March 22, the utility also reported average peak demands of ... Read More »Credit: Lawrence Livermore National Lab