Jan 3, 2019

The varying prices of power worldwide

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Data: IEA, Energy Prices and Taxes, 3rd Quarter 2018; Note: The prices shown reflect U.S. dollars per megawatt-hour using "purchasing power parities," which is a rate of currency conversion that equalizes the purchasing power to buy the same amount of goods and services in different countries; Chart: Naema Ahmed/Axios 

The prices people pay to power their homes vary widely depending on government policies and the type of power, according to the International Energy Agency.

The big picture: Western European nations are saddled with the highest electricity prices in the world due to high fees and taxes. Other countries, such as the U.S., are far lower — partly because of lower taxes. Middle Eastern nations, which aren’t represented on this chart because most don’t have complete data with the IEA, have even lower prices because many of them subsidize electricity prices for their citizens

Go deeper: See how much you pay for electricity compared to rest of America

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More states issue stay-at-home orders as coronavirus crisis escalates

Data: Axios reporting; Map: Danielle Alberti/Axios

Florida and Georgia governors ordered all residents to stay at home late Wednesday, with exceptions for those engaged in essential services, including health care and government functions.

The big picture: In a matter of weeks, the number of states that issued orders nearly quadrupled, affecting almost 300 million Americans.

Go deeperArrowUpdated Apr 2, 2020 - Health

White House recommends Americans wear masks in public

New Yorker wearing a homemade face covering. Photo: Selcuk Acar/NurPhoto via Getty Images

The White House announced that the CDC is recommending Americans wear cloth masks or face coverings in public to help stop the spread of the coronavirus, President Trump said at a press briefing on Friday — emphasizing the guidance is "voluntary."

Why it matters: The use of face coverings could stop people who have the virus, whether they have symptoms or not, from spreading it further when they go out in public.

Trump calls to fill up more places with oil

President Trump is calling on the Energy Department to find more places to store oil, in the wake of rock-bottom prices and an ensuing economic collapse of the sector itself.

Driving the news: Trump’s comments came Friday during a televised portion of a meeting he hosted with industry CEOs to discuss ways to help the sector. It’s reeling from a historic drop-off in demand with the world shutting down to slow the spread of the coronavirus.