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“As Americans are hitting the road, they are paying less in real terms for gas than they have on average over the last 15 years and they’re paying about the same as they did in May 2018 and May 2019,” Psaki said in a statement. “While prices have increased from the lows last year as demand drastically dipped prices at just about $3 per gallon are still well in line with what they’ve been in recent decades,” she added. ADVERTISEMENT The White House official also noted that prices have “stabilized” after climbing earlier this month, and noted that gas supply has also returned to normal after the temporary shutdown of a major pipeline earlier this month prompted panic buying. ....
SJI Reports 2020 Financial Results Announces Renewable Natural Gas Investment FOLSOM, NJ, Feb. 24, 2021 (GLOBE NEWSWIRE) Investor Contact: Announces Renewable Natural Gas Investment FOLSOM, NJ (February 24, 2021) – SJI (NYSE: SJI) today reported operating results for its 2020 full year and fourth quarter ended December 31, 2020. Highlights include: 2020 GAAP earnings of $1.62 per diluted share compared to $0.84 per diluted share in 2019 2020 Economic Earnings of $1.68 per diluted share compared to $1.12 per diluted share in 2019 2020 GAAP/Economic Earnings include $0.13 per diluted share in nonrecurring items adjustments for certain tax benefits ($.07), adjustments to SJG’s rate design ($.03) and pipeline supplier refunds ($.03) Significant improvement in 2020 financial results, despite historic challenge of COVID pandemic, driven by increased profitability from Utility and Non-Utility operations ....
Interview: German gas industry group Zukunft Gas [NGW Magazine] Jan 25, 2021 7:15:am Summary Standfirst: Europe’s biggest gas market and industrial power-house is facing a crisis of confidence. A logic-light approach to the energy transition has created perverse incentives and put the gas industry on the back foot. [NGW Magazine Volume 6, Issue 2] by: William Powell This year will see a number of state elections in Germany, as well as the federal election in September. There is likely to be a fair bit of competition between the parties for the “sustainable energy” wreath. The leadership of Angela Merkel’s CDU party is to be decided just after NGW goes to press; a left-of-centre leader is a possibility. There will also be six regional elections along the way that will affect the political landscape. The September elections are an open field, but a key one is for Baden-Wurttemburg. Now governed by a Green-led coalition, it ....