Author: Clark Savage

Jack Prandelli stops by the Energy News Beat Global Oil and Gas Markets Update

Clark Savage23

You won’t want to miss this episode with Jack Prandelli from Switzerland. As an international trader and Substack Author, Jack has been on target with his articles on global oil and Gas Markets. Check out The Merchant’s News : https://themerchantsnews.substack.com/ Follow Jack on X @jackprandelli Connect with Jack on LinkedIn: https://www.linkedin.com/in/prandelligiacomo/ Add Free for our SubStack Subscribers. 1. LNG […]

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China Merchants Stay the Course on VLCCs – What does this mean for the energy markets?

Clark Savage57

China Merchants Energy Shipping (CMES) is doubling down on Very Large Crude Carriers (VLCCs), signaling strong long-term confidence in global crude oil trade despite short-term market volatility. In a recent Lloyd’s List report, the Chinese shipping giant dismissed a nearly 40% drop in VLCC spot rates since late June 2026 as a temporary distortion, raising […]

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The U.S. is leading SMR Projects Globally

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Small Modular Reactors (SMRs) are reshaping the nuclear energy landscape with their compact size (typically up to 300 MWe per unit, versus 1,000–1,400 MWe for traditional large reactors), factory-built modular designs, enhanced safety features, and faster deployment potential. These attributes make SMRs ideal for powering data centers, remote communities, industrial sites, and replacing retiring coal […]

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250 Years of Energy: How America’s Abundant Natural Resources Powered a Rising Nation — And Why Smart Policy Will Determine the Next Century

Clark Savage82

This article first ran yesterday on the Energy News Beat Substack. From the wood fires that warmed homes and fueled early industry in 1776 to the sophisticated mix powering AI data centers, electric vehicles, and global exports today, energy has been the invisible backbone of American prosperity, innovation, and geopolitical strength. The U.S. Energy Information […]

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U.S. Department of Energy Meets President Trump’s Goal, Delivers Third Advanced Reactor CriticalityJuly 2, 2026

Clark Savage155

In a landmark achievement for America’s nuclear renaissance, the U.S. Department of Energy (DOE) announced that Deployable Energy’s Unity demonstration reactor successfully achieved criticality on June 30, 2026 (late yesterday), at Idaho National Laboratory (INL). This marks the third DOE-authorized advanced reactor to reach this milestone by the July 4, 2026, deadline set by President […]

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A new electricity consumption tax on data centers in Virginia passes into law on July 1, 2026

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On June 22, 2026, Virginia’s General Assembly approved its two-year biennial budget (HB 30), which includes a first-of-its-kind electricity consumption tax on qualifying data centers. The tax took effect July 1, 2026, and runs through June 30, 2028. The measure levies $0.011 per kWh (1.1 cents) on all electricity consumed at covered data centers each […]

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Billionaire Texas Hunt, Crow families join bitcoin firm in $1 billion data center deal

Clark Savage124

In a significant move blending Texas real estate and energy dynasties with public-market access, members of the billionaire Hunt and Crow families have partnered with Nasdaq-listed Empery Digital Inc. (NASDAQ: EMPD) to develop data centers targeting hyperscalers and AI workloads. The group has agreed to acquire a powered Midwest industrial facility for $230 million. The […]

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