Juneau – Representative Scott Kawasaki (D-Fairbanks) will pre-file legislation aimed at protecting Alaskans from the excessive prices of gasoline and heating fuel. “Alaskans have long seen high gasoline and heating fuel prices even with an oil pipeline in our backyard,” said Rep. Kawasaki. “This bill ensures we pay a fair price for these products and […]
CHICAGO—With the price of oil now less than $80 a barrel, motorists throughout the United States are benefiting from gas prices below $3 a gallon. However, the decreasing price of gas has a downside for the hydraulic fracturing industry in the United States. North Dakota’s economy is on fire, thanks to developments in technology that […]
Russian energy giant Gazprom says it is cutting gas supplies to Ukraine following Kyiv’s failure to meet a Monday deadline to pay nearly $2 billion of its outstanding debt.Gazprom says Ukraine must now pre-pay for any natural gas after missing the deadline.Also Monday, Gazprom filed a lawsuit in a Stockholm arbitration court to try […]