U.S. banning Russian oil imports as Biden warns of ‘costs’
The average price for a gallon of gasoline in the U.S. hit a record $4.17 Tuesday, rising by 10 cents in one day, and up 55 cents since last week, according to auto club AAA.
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U.S. gasoline prices rise again on talk of banning Russian oil
Oil prices soared early Monday before retreating. Benchmark U.S. crude surged to $130 a barrel overnight, then moderated to around $119, a 3% gain, in afternoon trading. The international price skyrocketed to $139 before falling back to about $123 a barrel.
EPA rule would make heavy trucks cut smog, soot pollution
The proposal released Monday by the Environmental Protection Agency would require the industry to cut nitrogen oxide emissions by up to 90% per truck over current standards by 2031.
Oil up $10 per barrel as Russia’s invasion of Ukraine deepens
The surge followed a warning from Russian President Vladimir Putin that Ukrainian statehood was imperiled as Russian forces battered strategic locations.
Average U.S. gas price tops $4 per gallon, first time since 2008
During the first full week of Russia’s invasion of Ukraine, the price of regular gas rose by almost 41 cents, according to the AAA motor club.
Governor’s veto of ethanol warning upheld by Indiana Senate
The Indiana Senate narrowly upheld a veto that Gov. Eric Holcomb issued last year on a bill that would have required additional labeling for fuel pumps distributing E15, a fuel blend that contains up to 15% ethanol in gasoline.
Wind and solar standards bill heads to governor without local incentives
Legislation setting voluntary statewide standards for large wind and solar projects is on its way to the governor, but without a key provision to entice local governments to adopt the standards.
OPEC sticks to plan of gradual output hikes as crude soars
The leaders of OPEC and its oil-producing allies plan to gradually increase oil production while Russia’s invasion of Ukraine rattles markets, reshapes alliances, kills civilians and sends the price of crude skyrocketing.
Commodities hit new highs as traders shun Russian purchases
Oil passed $110 a barrel, aluminum hit a fresh record and wheat rose to the highest since 2008. In Europe, natural gas prices and coal set all time highs, deepening the region’s energy crisis.
Nations agree to release 60M barrels of oil amid Russian invasion
All 31 member countries of the International Energy Agency have agreed to release oil from their strategic reserves—half of that from the United States—“to send a strong message to oil markets” that there will be “no shortfall in supplies.”
UPDATE: Justices wrestle with EPA power to curb carbon emissions
The justices, in arguments Monday, are taking up an appeal from 19 mostly Republican-led states and coal companies over the Environmental Protection Agency’s authority to limit carbon dioxide emissions from power plants.
New City-County Council committee to strike a greener path
The panel plans to focus first on urban forests and parklands, then recycling and solid waste, then equitable health and infrastructure investments.
AES Indiana to shut down coal-fired units by 2025, parent says
The parent of electric utility AES Indiana announced Friday morning it plans to give up coal as a fuel source, a move likely to lead to the early shutdown of coal-fired units at its massive Petersburg Generating Station.
Indiana regulators approve settlement cutting I&M electric rates
State regulators have approved a settlement with Indiana Michigan Power under which the utility will cut its Indiana residential customers’ base electric rates nearly 6% by next year.
Indiana lawmakers pass ‘baby nukes’ bill, send it to governor
The Indiana General Assembly has overwhelmingly passed a bill that would allow electric utilities to build small modular reactors, a move that could pave the way for commercial nuclear power in the state for the first time.
Hallador Energy acquiring Merom electric plant in Sullivan County
The 1-gigawatt power plant in southwestern Indiana is currently owned by Hoosier Energy and is approaching retirement.
Military program to help conserve swath of southern Indiana
More than 3.5 million acres of southern Indiana—from just south of Indianapolis to near Jasper and from the Illinois border to near Madison—is now designated as the Southern Indiana Sentinel Landscape.
Biden: Infrastructure plan gives $1B for Great Lakes cleanup
Long-delayed cleanup of Great Lakes harbors and tributary rivers fouled with industrial toxins will accelerate dramatically with the $1 billion boost, senior administration officials say.
White House, Dems eye pause of gas tax as prices soar, election looms
The early deliberations come days after a group of vulnerable Senate Democrats introduced a bill that would suspend the gas tax of roughly 18 cents per gallon for the rest of the year.
Indiana steel mill agrees to pay $3M, improve waste system
The agreement comes more than two years after a discharge of ammonia and toxic chemicals killed thousands of fish and closed Lake Michigan beaches, the federal government said Monday.