Americans are benefiting from cheap oil: Energy secretary
Energy Secretary Dan Brouillette discusses the oil market and compares the low oil prices to tax cuts for the American people.
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New Yorkers will likely have higher electric bills this summer as more residents work from home and remain sheltered in place due to the coronavirus pandemic, Consolidated Edison Inc. said in a Wednesday press release.
WHAT IS THE ENERGY SECTOR'S FUTURE IN A POST-CORONAVIRUS WORLD?
Under normal circumstances, a residential home in New York City typically uses 350 kilowatt-hours per month and has an electric bill of $99.14, according to company data from 2019. Con Edison expects that number to jump 9.5 percent to $108.53 per month between June and September.