FirstEnergy, the giant Ohio-based company that owns power plants and transmission lines in several midwestern and northeastern states, is running out of arguments for its proposed bailout. The Public Utility Commission of Ohio (PUCO), which is currently considering the proposal by FirstEnergy for substantial, customer-funded subsidies to bail out its uneconomic power plants, has suggested… Keep reading →
Sometimes, amid the back and forth of discussions over energy policy, it’s helpful to talk about the real-world impacts of various policy choices. Right now in Pennsylvania, there’s a vigorous debate going on over a proposed natural gas severance tax that would supersede the state’s existing impact fee — vigorous because the impact fee has… Keep reading →
Louisiana is an important energy-producing state – the country’s No. 2 crude oil producer at nearly 1.45 million barrels per day when federal offshore output is included. The state also is No. 2 in petroleum refining capacity. Energy development is boosting Louisiana’s economy. Oil and natural gas extraction, refining and the pipeline industries support 287,000 state… Keep reading →
The skyline of downtown Pittsburgh.
Shell Chemical has signed an option to lease land in western Pennsylvania for a possible “world-scale” petrochemical complex including an ethane cracker that would use abundant natural gas from the Marcellus Shale field to make ethylene and other components for plastics. Keep reading →
