Axios

Volcanologists are closely monitoring an underwater volcano off the Oregon coast that seems poised to erupt this year.

Why it matters: The eruption poses no risks to human life, scientists said, but it will help researchers better understand how volcanos work on land.

Gasoline is a bigger household expense than electricity bills nationwide — but the difference varies a lot by state, a new analysis finds.

Why it matters: The report is a great snapshot of total and relative energy expenses as the topic rises on the political radar.

Gov. Gavin Newsom's bid to redraw California's congressional seats to create more Democrat-friendly districts has a 22-point advantage in support among the state's voters, Newsom's longtime pollster writes in an internal memo obtained by Axios.

Why it matters: California's vote this November on what's known as Proposition 50 will have tremendous consequences for the 2026 midterms and the 2028 presidential election.

Editor's note: Read the latest on Hurricane Erin here.

Hurricane Erin's threats prompted North Carolina's governor to declare a state of emergency as the massive storm began bringing huge swells that were impacting the N.C. Outer Banks on Tuesday.

The big picture: The storm is not forecast to make landfall in the United States, but forecasters warned of "life-threatening" storm surges, coastal overwash and flooding along the U.S. East Coast this week.

The League of Conservation Voters is launching a $4 million campaign across swing states and districts to sour voters on the GOP budget law, the group told Axios exclusively.

Why it matters: It will help determine whether green groups can politically tether rising power prices to the law in the 2026 midterms, where control of both chambers of Congress is in play.

File under wonky-but-important: The International Energy Agency's next flagship, long-term outlook will include a more conservative model of the transition from fossil fuels.

Why it matters: IEA's studies inform policymakers, energy company boardrooms, investors and researchers worldwide.

Hurricane Erin's threats prompted mandatory evacuations in the North Carolina Outer Banks on Monday, as forecasters warned the major storm could impact the U.S. East Coast.

The big picture: The storm that flooded Puerto Rico and other Caribbean islands over the weekend isn't expected to make landfall in the U.S., but the National Hurricane Center warns it's expected to bring "life-threatening surf and rip currents" to much of the East Coast, Atlantic Canada, the Bahamas and Bermuda during the next several days.