Energy
Image
Social media platform X identified inauthentic Chinese accounts pushing data center opposition
The posts made claims about AI data centers driving up household electricity prices and straining the grid. Others included AI-generated cartoons that depicted data-center operators enriching themselves at the public's expense.
Image
Iranian crude oil exports plummet in the face of US blockade of Strait of Hormuz
On July 14, Trump reimposed the blockade in retaliation for Iran attacking oil tankers transiting the strait. Iran's crude exports are down 70% in August from 893,000 bpd last month.
Image
US close to making a deal for an ownership stake in Venezuelan oil fields: report
If the deal is closed, the fields will add 90 billion barrels of proven oil reserves to the U.S. total inventory.
Image
US Army plans to build nuclear microreactors at 5 military bases in $2.2 billion program
The Army said it expects to build and operate more than 20 nuclear microreactors across Department of War installations.
Image
Trump blocks some foreign grid equipment as part of emergency declaration
Trump said foreign supply of electrical equipment “constitutes an unusual and extraordinary threat” to national security.
Image
Texas AG Paxton unveils data center restrictions he plans to pursue if elected to Senate
Texas Attorney General Ken Paxton's four-point plan calls for a series of restrictions in line with Gov. Greg Abbot's data center plan, and he promises to sponsor and back federal restrictions and consumer protections.
Image
Thousands of residents in Indiana city still without power nearly 14 days after storm
Gary Mayor Eddie Melton said in a video posted to the city's Facebook page on Sunday that 9,000 people in the city are still without power since the Aug. 11 storm.
Image
Trump EPA ends summer-gas rules early to lower U.S. pump prices
The temporary emergency waiver allows for the nationwide sale of winter-grade gasoline two weeks early in an effort to increase American fuel supplies.
Image
Some Indiana residents still without electricity, nine days after storm toppled power lines
Residents of the town are throwing out spoiled food, lining up for hot meals and searching for places to charge their cell phones.
Image
Another green energy project canceled as costly hydrogen failures continue to mount
Climate activists promised that green hydrogen was key to replacing fossil fuels in difficult-to-electrify sectors, brushing aside critics’ points wholesale. Now, the list of failed hydrogen projects has grown quite long, and reflects billions squandered on yet another futile climate scheme.
Image
U.S. military assisted transporting 660 million barrels of oil through Strait of Hormuz: CENTCOM
While the shipments help supply global markets and mitigate energy price shocks, they still don't quite match the 20 million barrels of oil per day that flowed prior to the war in Iran.
Image
U.S. military establishes stealth corridor through the Strait of Hormuz: report
About 10 million barrels of oil per day have slipped past the Iranian blockade utilizing the secret route.
Image
Independent oil producers expected to sign deals with Venezuela's state-run oil company
The agreements will help advance the Trump administration's efforts to boost production in the country whose oil industry was ravaged by decades of socialist policies.