Latest Energy and utilities regulation News
New Mexico lawmaker: Special session and tough choices ahead
ALBUQUERQUE, N.M. (AP) — New Mexico’s finances have been hit by a double-whammy with the pandemic and an oil-price crash, but one of the state's most influential lawmakers said Monday that decisions made during the last legislative session to build up reserves will help cushion that blow — at...
Chaos and scrambling in the US oil patch as prices plummet
NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In New Mexico, an oil truck driver who supports his family just went a week without pay. And in Alaska, lawmakers have had to dip into the state's savings as oil revenue dries up. The global...
Clarification: California-Oil Well Moratorium story
SACRAMENTO, Calif. (AP) — In a story published April 3, 2020, The Associated Press reported California officials had authorized the first new oil wells in the state since July. The story should have made clear that California officials had authorized the first new oil wells using hydraulic fracturing since...
White House convenes oil CEOs as bust threatens US boom
WASHINGTON (AP) — President Donald Trump offered assurances of better times and coronavirus tests to oil CEOs at a White House summit Friday, but no firm proposals for easing the industry's way as the coronavirus pandemic and plunging petroleum prices threaten America's yearslong fracking boom. Executives...
Court: Utilities cannot charge energy-making customers more
TOPEKA, Kan. (AP) — Utilities cannot charge customers who produce some of their own energy more than other customers, the Kansas Supreme Court ruled Friday in a decision that strikes down proposed rates from two companies. The state's highest court found the proposals by Westar and Kansas Gas and Electric...
US allowing longer shifts at nuclear plants in pandemic
WASHINGTON (AP) — U.S. nuclear plants will be allowed to keep workers on longer shifts to deal with staffing problems in the coronavirus pandemic, raising worries among watchdogs and some families living near reactors that employee exhaustion will increase the risks of accidents. The Nuclear Regulatory...
New numbers lead regulators to pause Delmarva rate request
DOVER, Del. (AP) — Delaware utility regulators have refused to open a docket on Delmarva Power's request to raises its electric rates because Delmarva is seeking more money than it initially said it would. The Public Service Commission voted unanimously Wednesday to reject Delmarva's request to open the...
New Mexico panel OKs abandonment of coal-fired power plant
ALBUQUERQUE, N.M. (AP) — New Mexico regulators on Wednesday green-lighted an application by the state's largest electric utility to abandon its interest in a major coal-fired power plant as the state works toward emission-free mandates and more renewable energy. The Public Regulation Commission voted...
Wyoming regulators aid oil, gas industry with tax suspension
CASPER, Wyo. (AP) — Wyoming regulators have voted to suspend a tax for six months to help oil and gas companies weather hard times in their industry. Tuesday's vote by the Wyoming Oil and Gas Conservation Commission suspended the conservation tax for the first time in its 60-year history. The 5-cent tax on...
Regulators mull reversing $462M increase in PG&E fire fines
BERKELEY, Calif. (AP) — California power regulators are weighing a recommendation to back off plans to fine Pacific Gas and Electric an additional $462 million over a series of deadly Northern California wildfires rather than risk that the harsher punishment might scuttle the utility's plan to get out of...
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