Energy
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Import prices in U.S. rose 0.7% in August as energy costs jumped
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
Pump prices rise 4 cents in R.I., Mass.
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
| 9/10/12
Oil trades near 1-week high on outlook for economic stimulus
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 decline on forecasts of moderating weather
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
Pump prices drop 1 cent in R.I., rise 3 cents in Mass.
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
| 9/4/12
Better controls needed on state energy lending
It would be unfair to charge Jamestown’s Town Council with NIMBY-ism in relation to its decision to beg off further study of the feasibility of building a windmill on the island. more
9/3/12
Land-based turbines face headwinds
There are more commercial-scale wind turbines on the Rhode Island horizon than ever before and offshore wind farms that could generate a substantial portion of the state’s energy remain on track. more
EDC grants $1M loan guarantee to eNow Inc.
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
National Grid invests $60M to prepare for severe weather seasons
National Grid is investing $60 million in a new system to prepare for the severe weather season and make sure customers who lose power get it back more quickly. more
| 8/27/12
R.I. gas up 4 cents, steady in Mass.
Rhode Island’s gasoline prices rose 4 cents this week, marking the fourth consecutive week of price hikes at the pump, according to AAA Southern New England. more
| 8/27/12
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