Updated March 29 at 12:29am
Energy
199 results total, viewing 181 - 190
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
Two wind energy companies Thursday won bids to lease more than 354,000 acres of federal waters about 12 nautical miles off Martha’s Vineyard, Mass. more
Apponaug Color & Hobby Shop Inc. opened Thursday for the first time in two days since a blizzard smacked Rhode Island with nearly 20 inches of snow. more
Deepwater Wind LLC has announced it will develop the West Coast’s first offshore wind farm roughly 15 miles off Coos Bay, Ore., which could also become the world’s first commercial project to use floating foundation technology. more
Gasoline prices declined 4 cents in Rhode Island and 2 cents in Massachusetts this week, the third consecutive week of lower prices in both states, according to the weekly survey by AAA Southern New England. more
Per capita consumer spending in Rhode Island grew 9 percent between 2009 and 2012, signifying improved consumer confidence since the Great Recession but lagging New England and U.S. spending growth for the same period, according to U.S. Bureau of Economic Analysis data released Thursday. more
The price of gasoline fell 2 cents in Rhode Island this week and 6 cents in Massachusetts, mirroring a national downward trend despite high-profile conflicts in overseas oil-producing countries and declining domestic refinery production, according to the weekly survey by AAA Southern New England. more
The Northeast regional Consumer Price Index rose 1.8 percent on a nonseasonally adjusted basis during the 12 months ended in July compared with the national consumer price increase of 2 percent, according to a report from the U.S. Bureau of Labor Statistics. more
Gasoline prices dropped 4 cents in Rhode Island this week and 3 cents in Massachusetts, according to the weekly survey by AAA Southern New England. more
Two Rhode Island-based companies, Alex and Ani and First Point Power, made the top 100 in Inc. Magazine’s annual ranking of the 5,000 fastest-growing private companies in the country, released Wednesday. more
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