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Tag: 2023

Official

Natural gas vehicle fuel prices rose in 2022 and 2023 after a decade of relative stability

After a decade of nearly flat prices from 2011 to 2021, inflation-adjusted fuel prices for natural gas vehicles increased in 37 states from 2021 to 2023, according to new estimates in our State Energy Data System (SEDS). Real U.S. natural gas prices for vehicle fuel remained 25% below their peak in 2008.
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Official

In 2024, U.S. retail gasoline prices averaged about 20 cents less than in 2023

The U.S. retail price for regular grade gasoline averaged $3.30 per gallon (gal) in 2024, $0.21/gal less than in 2023. Lower crude oil prices and narrower refinery margins in 2024 than in 2023 both contributed to the decrease in U.S. retail gasoline prices, according to data from our Gasoline and Diesel Fuel Update. From the first week of 2024 through the last week, national average weekly gasoline prices decreased $0.08/gal.
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Official

New Year Will Bring New Beginning to 2023 Tornado Survivors

New Year Will Bring New Beginning to 2023 Tornado Survivors MADISON, Miss. — Thanks to a unique new partnership between Boss Lady Economic Planning and Development and BankPlus, families recovering from the March 2023 storms, straight-line winds and tornadoes will have a permanent home when they welcome in 2025. Through the collaboration, disaster survivors who were renters and homeowners in Carroll, Humphreys, Monroe, Panola and Sharkey counties will have their current FEMA temporary mobile housing units donated to them--making some homeowners for the first time. A news conference recognizing the new partnership and donations will be held Tuesday, December 31, 2024
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Official

Virginia was the top net electricity recipient of any state in 2023

Electricity routinely flows among the Lower 48 states, with almost 10% of U.S. electricity generation traded across state lines. Generation of electricity exceeds its consumption in 25 states, and excess electricity is transmitted across state lines. In 2023, utilities in Virginia brought in the most electricity from other states, with 50.1 million megawatthours (MWh) in net electricity interstate receipts, or 36% of the state's total electricity supply. Generators in Pennsylvania moved the most electricity outside state borders in 2023, with 83.4 million MWh of power shipped out, or 26% of generation in Pennsylvania.
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Official

Five states drove record U.S. natural gas production in 2023

Five states produced more than 70% of the record 113.1 billion cubic feet per day (Bcf/d) of U.S. marketed natural gas production in 2023. Texas accounted for 28% of U.S. marketed natural gas production in 2023, according to our Natural Gas Monthly, followed by Pennsylvania (18%), Louisiana (10%), West Virginia (8%), and New Mexico (8%). Even though production slowed in 2024, output from these five states continued to make up most—73%—of marketed U.S. natural gas this year.
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Official

FEMA Awards Over $3.9 Million to Hardwick for July 2023 Storm Repair

FEMA Awards Over $3.9 Million to Hardwick for July 2023 Storm Repair The Federal Emergency Management Agency will be sending more than $3.9 million in Public Assistance funding to the State of Vermont to reimburse the town of Hardwick to repair infrastructure and other damages caused by the July 2023 storms and flooding. That represents 90 percent of $4.4 million for the total cost of town projects. The state and local government are responsible for the remaining 10 percent. Included in that funding is a grant of $2,661,300 to cover the cost of permanent repairs to the Main Street retaining wall. Another
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