energy

(The Center Square) – The Biden administration cut a $7 billion check on Friday to launch its vision for a hydrogen-fueled future.

The money augments $40 billion in private investment to build seven hydrogen hubs across the nation that will decarbonize transportation and industrial manufacturing, slashing 25 million metric tons of carbon dioxide emissions each year.

The amount “roughly” equates to removing 5.5 million gasoline-powered vehicles from the road, or just under 2% of the estimated 286 million operational cars in the United States.

(The Center Square) — As the Sunshine State moves into autumn months, electricity rates remain where they are, at least for now.

By Tom Gantert, Managing Editor | The Center Square

(The Center Square) -- U.S. production of crude oil reached the highest levels in 40 months as domestic production returned to pre-pandemic levels.

That's according to an Aug. 31 report released by the U.S. Energy Information Administration.

(The Center Square) — Despite being hit by Category 3 Hurricane Idalia, gas prices in Florida have decreased by five cents going into the Labor Day weekend.

The average gas price in Florida was $3.69 per gallon of regular according to the American Automobile Association, down from $3.75 last week but four cents more than last month. The national average is $3.83.

By Tom Gantert | The Center Square

(The Center Square) - Amtrak saw a big increase in ridership in fiscal year 2022 but is still at 72% of its peak pre-pandemic levels, according to data the transit company released.

The National Railroad Passenger Corporation – Amtrak's official name – is still not close to full recovery in ticket sales and food and beverage revenue.