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CES President and CEO Andy Price recently joined a timely and insightful webinar hosted by the Maine State Chamber of Commerce, “The Iranian Conflict, Energy Markets, and Maine’s Energy Strategy Ahead.” Andy shared CES’s perspective alongside a distinguished panel of regional and national experts.
The podcast explores the U.S. energy landscape one year into the second Trump Administration, examining growing market complexity, rising affordability concerns, emerging reliability risks, and the rapid pace of change.
At dawn on a December morning from where I live, I can see Maine’s failing energy policies drifting out into the frigid air....
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The 12-month rolling strip for Brent was down 4.7% week-over-week to $88.06/barrel, and the WTI strip fell by 1.7% week-over-week to $82.07/barrel. A failed counterproposal from Iran over the weekend to end the war is expected to apply upward pressure on crude oil this week.
The NEPOOL 12-month electricity strip rose 6.70% week-over-week to $81.02/MWh. The 2027, 2028, and 2029 strips all rose week-over-week.
The NYMEX prompt month fell $0.15/MMBtu week-over-week to $2.52/MMBtu while the NYMEX rolling 12-month strip decreased by $0.06/MMBtu week-over-week to $3.35/MMBtu. Storage levels saw a net increase of 103 Bcf for the week ending April 17th.
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