Former President Donald Trump arrives in New York City Monday, as he prepares to surrender himself to the Manhattan District Attorney. Big names like The New York Times are refusing to pay Twitter for the blue check mark, after Elon Musk’s Twitter removed the company’s verified status. Two of the biggest names in wrestling and…
NTD Business (April 3): Trump Arrives in NYC for Arraignment; ChatGPT Blocked in Italy, Minister Disagrees
Gas Prices Increase in NJ, Around Nation Amid Higher Demand
TRENTON, N.J.—Gas prices increased in New Jersey and around the nation at large amid increased demand as warmer spring weather lures motorists back out onto the roads, analysts said. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.25, an increase of two cents from last…
Newsom’s Fast-Tracked Oil Bill Will Raise Gas Prices
March 29, 2023
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Californiagas pricesGavin NewsomNorthern CaliforniaOpinionRegional & State NewsSouthern CaliforniaState NewsUSViewpoints
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Commentary Gov. Gavin Newsom’s oil bill to reduce gas prices at the pump actually will increase them. It’s simple economics: Increase regulations, potential tax increases, and uncertainty into any market, and the price of its goods will go up. That’s precisely what will be the result of Senate Bill 2, introduced by state Sen. Nancy…
Newsom Seeks to Move California’s Oil Profit Cap Decision Away From Skeptical Legislature
March 17, 2023
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CaliforniaCalifornia legislaturegas pricesGavin NewsomNorthern CaliforniaRegional & State NewsRegional NewsSouthern CaliforniaState NewsUSUS News
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Instead of letting the California Legislature decide whether to impose a profit cap on oil companies, California Gov. Gavin Newsom announced March 16 a proposal to give the state’s Energy Commission—made up of the governor’s appointees—the ability to do so. The proposed change came after lawmakers from both sides of the aisle voiced skepticism in a…
Gas Prices Surge in New Jersey, Around Nation
Trenton, N.J. — Gas prices surged in New Jersey and around the nation at large, but analysts say the increase could be short-lived amid a recent drop in demand and the cost of crude oil. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.30, up…
Newsom’s Plan to Cap Oil Profits in California Faces Bipartisan Skepticism
February 27, 2023
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gas pricesGavin NewsomNorthern CaliforniaRegional & State NewsRegional NewsSouthern CaliforniaState NewsUS
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Californians might have to choose between higher gas prices or scaling back its climate agenda, state regulators told legislators last week at a special state Senate hearing on a proposed oil industry windfall profits penalty. Gov. Gavin Newsom called the special session of the Legislature Feb. 22 to consider imposing penalties on oil companies to…
Gas Prices Drop in NJ, Around Nation as Crude Prices Decline
TRENTON, N.J.—Gas prices dropped in New Jersey and around the nation at large amid a decline in crude oil prices. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.22, down eight cents from last week. Drivers were paying $3.62 a gallon on average a year…
California Gas Prices Jump During Winter, Gas Procurement Prices Rise 400 Percent for Utilities
February 17, 2023
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Business & MarketsCaliforniaenergygas pricesNorthern CaliforniaPolicies & ImpactsRegional & State NewsSocial IssuesSouthern CaliforniaState NewsUSutilities
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Natural gas prices in California have skyrocketed this winter, with some utility firms seeing a quadrupling in their gas procurement prices while some customers seeing their gas bills more than double. Colder-than-expected temperatures have driven up gas demand for heating in California. Around 70 percent of households in the state use gas for heating, twice…
Australian Manufacturers Criticise Gas Producers for Alleged Price Gouging Practice
Australian manufacturers are calling out on gas producers as they believe the industry is withholding supply to circumvent the government’s price cap, effectively pushing local businesses to the edge of a shutdown. Following the federal government’s recent intervention, which caps wholesale gas prices at $12 per gigajoule, the east coast gas market was in a…
Capitol Report: 77 Democrats Oppose Biden’s Border Policy; Biden Policy on Strategic Petroleum Reserve Triggers Vote
The Biden administration says its new border measures are proving effective—but a large number of Democrats on Capitol Hill are dissatisfied, accusing President Joe Biden of reviving Trump-era policies. The Biden administration has been using America’s strategic reserves to try to lower gas prices for Americans. Now the House has taken up a bill that…
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