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May 26, 2026

MJL Morning Briefing — Tue, May 26

MJL Morning Briefing
From Matt Leonard · Tuesday, May 26, 2026
TOP STORY
⚡PUC-regulated electric utilities adjust generation prices June 1, with Pike County Light & Power up 19.8%
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
⚡PUC schedules June 2-11 public hearings on Peoples Natural Gas $163.2M rate request
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
Texas GOP Senate primary runoff finishes Tuesday with Trump-backed Paxton favored over Cornyn
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
Mystery super PACs spent $4.3M in five Democratic House primaries, including $1.7M in PA-7
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. forces strike Iranian missile sites and mine-laying boats as Trump pressures ceasefire terms
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
Pirates beat Cubs 2-1 as Soto closes out perfect ninth on Memorial Day
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
Steelers OTAs Week 1: Rodgers takes first-team reps, Iheanachor slides to right tackle, Pittman joins Metcalf
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.
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