Three New England states reached an agreement Wednesday to coordinate on the development of offshore wind at a time when some companies are trying to renegotiate or even cancel their wind contracts along the Atlantic Coast. POLITICO’s Kelsey Tamborrino breaks down the details of this agreement, why it’s coming now, and the broader concerns within the offshore wind industry. Plus, a new government report shows that U.S. gasoline demand dropped sharply last week, offering some political breathing space for President Joe Biden on the economy.

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Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.

Kelsey Tamborrino is a reporter covering clean energy.

Nirmal Mulaikal is a POLITICO audio host-producer.

Kara Tabor is an audio producer for POLITICO.

Gloria Gonzalez is the deputy energy editor for POLITICO.

Matt Daily is the energy editor for POLITICO.

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New England to coordinate offshore wind development plans