The Bureau of Land Management’s New Mexico State Office leased seven parcels totaling 1,317 acres for $20.67 million in its quarterly oil and gas sale, according to a Feb. 21 press release. The auction proceeds will be shared between the federal government and New Mexico. BLM New Mexico conducts oil and gas lease sales quarterly…...
The Minnesota Public Utilities Commission on Feb. 21 approved Xcel Energy’s Upper Midwest Integrated Resource Plan, which outlines the utility’s energy resource portfolio for 2024-2040 to improve reliability, energy efficiency, and affordability. The plan includes measures to protect consumers against excessive prices, protect grid systems against extreme weather, integrate more renewable energy resources, and reduce…...
State taxes and fees on gasoline and diesel fuel as of the start of 2025 have averaged $0.33 per gallon (gal) of gasoline and $0.35/gal of diesel fuel, according to a Feb. 21 report published by the U.S. Energy Information Administration. Average taxes on diesel and gasoline have remained largely flat, rising by less than…...
The California Public Utilities Commission on Feb. 20 approved electric resource portfolios to support transmission grid planning and help the state achieve its clean energy targets. The portfolios provide key information for the California Independent System Operator to optimize its 2025-2026 transmission planning to work toward climate goals while ensuring the reliability and affordability of…...
