AGP Executive Report
Last update: 10 hours agoOil Markets: OPEC+ agreed to raise August output targets by 188,000 barrels per day, and crude prices slipped as investors weighed easing Strait of Hormuz disruption against still-fragile Iran-related shipping conditions. US Consumer Pressure: Trump renewed attacks on oil and retailers over “gauging” at the pump as South Korean prosecutors indicted major refiners for alleged fuel price collusion after the U.S.-Iran war began. Infrastructure & Exports: Energy Transfer is expanding its Nederland NGL export terminal in Texas, adding ethane and LPG capacity with long-term commitments into the 2040s. Power & Storage: A $4 billion Fayette County battery plant in Ohio is ramping up for energy storage systems tied to data-center demand. Local Energy Costs: Gas prices in Michigan fell 14 cents from last week to about $3.96/gal for regular, offering some relief as summer demand stays high. Environmental & Water: Oregon lawmakers criticized BPA for ending funding for the SAFE hatchery program, while a California group sued over endangered protections for the Long Valley speckled dace.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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