AGP Executive Report
Last update: 4 hours agoFuel Prices: U.S. diesel futures jumped 5% Tuesday, pointing to further pump-price increases despite President Trump’s Russia deal. Diesel is already up 75% since the U.S.-Israel attack on Iran, and analysts warn prices could challenge record highs; Saudi strikes on oil facilities added to market jitters. Grid Reliability: The Energy Department ordered PJM to dispatch specified generators and backup power through Oct. 16, as the grid operator forecast demand near 111,500 megawatts and 61,591 MW of generation outages. Russia Diesel Deal: A bipartisan group of senators urged Trump to scrap the pact, arguing it benefits Moscow and undermines Ukraine; they called for sanctions instead. Pipeline Fight: Senators and California lawmakers asked a federal appeals court to block the Sable Offshore pipeline restart, saying the administration misused national-defense powers. Alaska LNG: The White House tied $54 billion in South Korean investment to an Alaska LNG project, but Seoul says participation remains undecided pending a review of commercial viability.
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