Extreme Cold Freezes Gas Production, Sparks Concerns of Record Electricity Demand and Soaring Prices

Recent sub-zero temperatures across the United States have caused gas wells to freeze, resulting in an 11-month low in gas production, according to Reuters.

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Offshore Wind Farm Project Terminated Due to Economic Challenges

Developers of the proposed offshore wind farm near Long Beach, Long Island, announced the termination of the Empire Wind 2 project due to economic challenges - including inflation, increased interest rates, and supply chain disruptions.

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