AGP Executive Report
Last update: 5 hours agoTransportation Costs: Washington’s gas tax rises 2% on July 1, from 55.4 to 56.5 cents per gallon, pushing the state’s average pump charge to about 59 cents and adding roughly 77.4 cents per gallon once the federal tax is included. Energy & Policy: Rep. Dan Griffey says Washington’s carbon market linkage with California and Quebec won’t lower gas prices soon, pointing to higher recent auction prices and the market not starting until 2027. Data Centers & Land Use: Snohomish County approved a six-month freeze on new data centers on unincorporated land, joining Seattle and Skagit in pausing growth while rules catch up. Local Economic Reality Check: In contrast, Quincy is celebrating two decades of Microsoft data centers, crediting the buildout with population growth and a major jump in county property tax revenue. Business & Capital Markets: Kite Realty Group priced a $300 million offering of 3.25% exchangeable senior notes due 2032, with an option to add up to $45 million. Tech & Jobs: Reports say Microsoft is seeking a buyer for Seattle-based Undead Labs, with State of Decay 3 potentially at risk amid broader gaming layoffs. E-commerce Creators: Levanta research finds 74% of creators route affiliate traffic to multiple shopping destinations, challenging brands that manage programs in separate silos.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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