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43°
Saturday, nov 23
Tag:
Energy
News
JCP&L To Spend $12.5M On Underwater Power Line Upgrade For NJ Barrier Islands
Jersey Central Power & Light will replace a high-voltage underwater power line in Barnegat Bay to improve reliability for more than 13,000 customers on New Jersey’s barrier islands, officials said. JCP&L will invest $12.5 million to replace an aging underwater power line beneath Barnegat Bay, FirstEnergy Corporation said in a news release on Friday, Nov. 22. The project was expected to be finished by mid-December. The 34.5-kilovolt line will be one of four high-voltage sources serving barrier island communities like Point Pleasant Beach, Lavallette, Seaside Heights, and Island Beach…
Politics
Former Congressman, Gubernatorial Candidate Lee Zeldin Named To Trump's Cabinet
President-elect Donald Trump has selected former New York congressman and gubernatorial candidate Lee Zeldin to run the Environmental Protection Agency (EPA). In a statement on Monday, Nov. 11, Trump said Zeldin "will ensure fair and swift deregulatory decisions that will be enacted in a way to unleash the power of American businesses," adding that Zeldin will still maintain "the highest environmental standards." In a post on social media, Zeldin said, "It is an honor to join President Trump’s Cabinet as EPA Administrator. "We will restore US energy dominance, revitalize our auto indu…
Business
Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil
The Russian invasion of Ukraine is expected to cause a flux in the markets, sending the prices of energy and certain agricultural products through the roof as supply chains are further disrupted. Experts are expecting oil and gas prices to spike due to the European crisis, though some of Russia and Ukraine’s largest exports are expected to impact costs for other products overseas and stateside. Officials said that outside of energy, the price of products such as wheat, barley, corn, copper, and nickel are likely going to be on the rise as supply chains already impacted by the COVID-19 pande…