Tulsa heat wave drives electric bills to crisis levels
#TulsaHeat #EnergyCostsTulsa residents face triple-digit heat and rising electricity costs outpacing inflation, risking power shutoffs for some. NPR's Scott Horsley reports on the crisis affecting vulnerable families during extreme summer temperatures. read more
Inflation Hits 4% as Gas Prices Soar
#Inflation #EnergyCostsSoaring gasoline prices from the Iran war pushed inflation to 4.2% annually, the highest since April 2023. Energy costs drove over 60% of the monthly rise, while wages grew only 3.4%, reducing real spending power. read more
States Retreat from Climate Goals Amid Soaring Costs
#ClimatePolicy #EnergyCostsRising energy costs prompt states like New York to delay ambitious climate goals. Governor Hochul seeks to postpone emission targets, prioritizing affordability over immediate environmental action, reflecting a broader political shift as consumer bills soar. read more
#TrumpAI #EnergyCosts
President Trump urged tech giants to generate their own power to address data center electricity cost concerns. He dismissed fears of rising utility bills, but experts doubt the pledge's enforceability and impact on prices. read more