Severe flooding on N. Lake Park Boulevard in Carolina Beach, NC Deane Pye, who has lived in Carolina Beach his entire life, talks about some of the worst flooding he has experienced in his life on this beach in a video provided by Evan Pye. The Wilmington area felt the effects of a possible tropical […]
Grace Cary | Moment | Inflation continued to decline in August, suggesting that the rapidly rising prices that have plagued the U.S. economy for nearly three years during the pandemic are increasingly fading into the background. Inflationary pressures are easing overall, said Sarah House, senior economist at Wells Fargo Economics. The consumer price index, which […]
Falling oil and gasoline prices and the rest of the energy complex contributed to slow the annual inflation rate in August. According to AAA dataGasoline prices averaged $3.253 per gallon on Wednesday, compared with $3.445 a month ago and $3.832 a year ago. According to Bureau of Labor Statistics data released Wednesday, the gasoline index […]
Ukraine banned Lukoil products from crossing the border this summer, worrying Hungary and Slovakia, both of which receive Russian oil via a pipeline through Ukraine. In a statement, MOL said it would “take ownership of the affected crude oil volumes on the Belarus-Ukraine border” starting Monday. Hungarian government spokesman Zoltan Kovacs praised the workaround. “We […]
It’s no longer a primary. Tonight, the two US presidential candidates will face off in a debate moderated by ABC, and neither is expected to espouse radical political views – not even on the issue of energy. Fracking or not fracking? Today’s debate will hardly end without discussing one of the most debated topics in […]
The Hungarian government on Tuesday welcomed an agreement with energy company MOL to secure the supply of Russian oil via a pipeline through Ukraine after Kyiv had previously restricted transit. In July, Hungary and Slovakia accused Kyiv of jeopardising their energy security by banning Russian energy giant Lukoil from using the Ukrainian section of the […]
GREENVILLE, MS. – For the first time in 50 years, Entergy Mississippi is building a new natural gas power plant that will continue to provide modern, reliable energy to its customers. The modern facility will be the first combined cycle power plant the company has built from the ground up. “As our customers’ needs and […]
CHARLOTTE, NC (WBTV) – Duke Energy North Carolina customers will soon pay less for electricity, but not before a temporary increase for the rest of the year. Starting in January, the company announced a 3.6% rate cut, which will reduce the average monthly bill by about $5. Before the cut, however, there will be a […]
Metro Water Services is asking residents with automatic sprinkler systems to follow a staggered schedule because irrigation places a high strain on Nashville’s water system. In order to continue to provide water for residential, irrigation and fire protection purposes, the department is asking Nashville residents with odd-numbered houses to use their automatic sprinkler systems only […]
Dominion Energy’s North Anna nuclear power plant has received approval from the U.S. Nuclear Regulatory Commission to continue operating for another 20 years, a major milestone in the utility’s $3.9 billion effort to keep its two nuclear plants operating beyond mid-century. The renovation will enable the power plant’s two nuclear reactors to remain in operation […]
