Category: energy prices

How Can I Stay Warm Without Turning up the Thermostat?

By Paul F. P. Pogue From Ask Angi Staying warm in winter can be quite a trick sometimes, especially with energy prices causing your heating system to consume a larger monthly bill this time. Here are 10 things you can do to increase efficiency, stay warm and not work your HVAC as hard this winter….


Biden Admin Finally Admits Its Mistake in Canceling the Keystone XL Pipeline

Commentary At long last, the Biden administration is admitting what experts have always known: reckless energy policies have disastrous consequences. This time, the Department of Energy quietly released a report highlighting the positive economic benefits of developing the Keystone XL pipeline from Canada, an energy project canceled by President Biden in the hours following his inauguration. But the…


Energy Boss Says High Prices Are Here to Stay Thanks to Net Zero and Windfall Taxes

Energy bills will remain higher for years, the boss of one of Europe’s biggest gas companies has warned. Equinor Chief Executive Anders Opedal told the BBC that the cost of governments’ attempt to reach “net zero” emissions targets and windfall taxes on energy firms will make it hard for prices to fall. Norway’s Equinor is…


Increased UK Windfall Tax Hits Shell’s Earnings for Last Quarter of 2022

The increased level of UK windfall taxes on oil and gas producers has hit Shell’s earnings in the fourth quarter of 2022, the company has said. Shell revealed it will face a hit of $2 billion (£1.7 billion) to its latest quarterly earnings due to windfall taxes in both UK and the European Union. The…


Which Are the Cheapest Home Electric Heaters?

As winter approaches and energy prices are still high, the need for an energy-efficient heater becomes more urgent. Many different kinds of heaters are available on the market, but finding one that offers the cheapest electric heat is more difficult. In a recent article, the Department of Energy reported that it expects the cost of…


UK Government Borrowing Rises to Record £22 Billion in November

The UK government’s borrowing rose to £22 billion ($26.6 billion) in November, as the higher interest costs and cost-of-living payments to households put increasing pressure on public finances. According to the Office for National Statistics (ONS), this was £13.9 billion ($16.8 billion) more than the borrowing figure for the same month last year, and was…


British Manufacturing Output Falls at Fastest Pace Since 2020: Survey

British manufacturers’ output is falling at the fastest pace in more than two years, the UK’s largest business group has warned. The volume of goods and services produced by factories fell by 9 percent in the three months to December 2022, according to the latest Industrial Trends Survey conducted by the Confederation of British Industry…


NSW Labor Call for Power Bills Relief For Families

The Labor party of New South Wales (NSW) is pushing the state government to recall parliament to pass bills to help households pay their soaring electricity bills as social services groups renew their call for immediate relief for families. State Opposition Leader Chris Minns says parliament should legislate “reasonable and practical measures to ease the…


Energy Minister Pushes for States Collaboration to Reduce Energy Prices

The federal minister for climate change and energy, Chris Bowen, has indicated the Australian government will be looking to the states to lower energy prices at the meeting with energy ministers in Canberra on Thursday. This comes as the federal government seeks to address the current skyrocketing price of electricity and gas, which has been…


House Oversight’s Incoming Chairman Launches Probe of Biden Energy Deal with Saudis

Rep. James Comer (R-Ky.), the incoming chairman of the House Committee on Oversight and Reform, announced Sunday a “broad probe into President [Joe] Biden’s energy crisis that is harming the pocketbooks of Americans,” with particular emphasis on the Chief Executive’s “secret deal” with Saudi Arabia. “Since Day One in office, President Biden has waged war…