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The utilities sector is known for being one of the most defensive parts of the economy because even during tough economic times, households and businesses continue to use electricity.
Utility companies have much to gain from the Biden administration's Inflation Reduction Act. The IRA incentivizes massive investment in renewable projects.
Large U.S. electric utilities with renewable power projects in the works will benefit most in the sector from new federal clean energy funding, analysts and researchers said, with those already at
Natural gas futures floundered again Tuesday, as traders looked past bitter cold and blizzards this week and fixated on forecasts for unseasonably mild
'This boost in gas stocks, resulting from increased domestic supply amid easing demand, means storage levels are now just eight percent below the five-year...