MJL Morning Briefing |
| From Matt Leonard · Tuesday, May 26, 2026 |
TOP STORY PA PUC announced June 1 default-service price changes spanning a 0.05% rise at Citizens' Electric to a 19.8% hike at Pike County Light & Power, with adjustments hitting all 11 PUC-regulated electric distribution utilities. PA Environment Digest |
PA & NJ Politics PA PUC set in-person hearings in Cambria, Allegheny and Westmoreland counties plus telephonic sessions between June 2 and June 11 on Peoples Natural Gas's proposed 13.1% rate hike seeking $163.2 million in additional annual revenue. PA Environment Digest |
National Politics Four-term Sen. John Cornyn faces Texas AG Ken Paxton in today's GOP Senate runoff, with Paxton favored after Trump's late endorsement; the NRSC and Senate Leadership Fund had previously spent tens of millions against Paxton. Punchbowl News AM Three obscured super PACs — Lead Left PAC, Real Change PAC and California Blue PAC — deployed $4.3M across Democratic primaries in PA, NE, CA, TX and NJ; Lead Left PAC spent $1.7M in PA-7 boosting Lamont McClure, who lost by 20 points to Bob Brooks, the eventual nominee facing Rep. Ryan Mackenzie (R-Pa.) in November. Punchbowl News AM U.S. Central Command says American forces hit missile launch sites and boats laying mines in southern Iran overnight; the strikes risk a shaky ceasefire as Trump pushes for Iran's enriched uranium to be surrendered to the U.S. or destroyed in place. Punchbowl News AM Vance convenes Republican state AGs for White House anti-fraud task force as Democrats decline VP JD Vance hosts more than a dozen Republican state attorneys general at the White House Tuesday afternoon for an anti-fraud task force roundtable; Democratic AGs invited Friday with a Saturday RSVP deadline declined in a joint letter citing inadequate notice. Politico Playbook |
Pittsburgh Sports Pittsburgh edged Chicago 2-1 Monday with Brandon Lowe driving in a run on two hits and Spencer Horwitz adding two more plus standout defense at first base; Gregory Soto worked a perfect ninth for his sixth save. ESPN Aaron Rodgers signed a one-year deal and took first-team OTA reps ahead of Will Howard, Mason Rudolph and Allar; first-round tackle Max Iheanachor will start at right tackle replacing Troy Fautanu, and receiver Michael Pittman Jr. is pairing with DK Metcalf. SteelerNation |
Market Snapshot | PJM West Hub (RT) | $15.21/MWh -1.5% | | PJM AEP-Dayton (RT) | $28.98/MWh +92.7% | | PJM Capacity 26/27 | $329.17/MW-day | | Henry Hub | $3.07/MMBtu | | WTI Crude | $92.81/bbl -3.9% |
As of May 26 8:08 a.m. EPT |
Curated by Matt Leonard. Numbers from real endpoints only. |