Energy
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Gas prices in Rhode Island dropped 3 cents this week after surging 10 cents to the highest-ever price in September last week, according to AAA Southern New England. more
The Slater Technology Fund has committed $250,000 in new funding to VCharge, an energy management services company, Slater announced Monday. more
The Ocean State could be one the first states with offshore wind farms, according to a report released by Environment Rhode Island, the Conservation Law Foundation and the Environment Council of Rhode Island. more
Oil climbed to a four-month high on concern that protests in the Middle East and North Africa may curb supply and on speculation that the Federal Reserve will unveil more stimulus measures. more
Prices of goods imported into the U.S. rose in August for the first time in five months as the cost of petroleum surged. more
Rhode Island’s gasoline prices rose 4 cents this week, after dropping last week for the first time since early July, according to AAA Southern New England. more
Oil traded near the highest level in a week in New York amid speculation that the U.S. and China will implement measures to revive their economies. more
Natural gas futures dropped in New York for the first time in five days on forecasts of cooler weather that would limit demand from power plants. more
Rhode Island’s gasoline prices dropped 1 cent this week, marking the first drop in Ocean State pump prices since early July, according to AAA Southern New England. more
The R.I. Economic Development Corporation has guaranteed a $1 million loan to eNow Inc., an expanding Providence company that makes solar power systems for trucks. more
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