Appalachian Power Requests $65 Million Rate Hike for Electric Service in Virginia

Maryland Commission Approves Nearly $45 Million Rate Increase for Potomac Electric

The Maryland Public Service Commission has approved a rate increase of $44.6 million for Potomac Electric Power Company (Pepco), which translates to an estimated electric bill increase of $5.72 per month for the average residential customer. The commission approved a significantly lower amount than the company’s initial request and authorized rate changes for only one…...

cape of good hope

Oil Flow Around Cape of Good Hope Rises Nearly 50 Percent Amid Red Sea Disruptions: EIA

Tensions in the Middle East have led to trade disruptions through the Red Sea and increased crude oil and oil product flows around the Cape of Good Hope, which is located at the southern tip of Africa, according to a June 11 report published by the U.S. Energy Information. The quantity of crude oil and…...