Author: Clark Savage

NextEra Energy is possibly in Discussions to Acquire Dominion Energy: What does this mean for Consumers and Investors?

Clark Savage2630

In a development that could reshape the U.S. utility landscape, Florida-based NextEra Energy Inc. is reportedly in advanced discussions to acquire Virginia-based Dominion Energy Inc. in a deal structured primarily as a stock transaction. According to sources familiar with the matter, a formal announcement could come as early as Monday, May 18, 2026, though the […]

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UK Moves to Ban New North Sea Oil and Gas Licenses Permanently – UK Deindustrialization and further fiscal failure on the horizen

Clark Savage1499

The UK government has confirmed it will introduce legislation to permanently ban new North Sea oil and gas exploration licenses, embedding Energy Secretary Ed Miliband’s existing moratorium into law through the Energy Independence Bill. The move, announced in the King’s Speech on 13 May 2026, fulfills a core Labour Party manifesto pledge to position Britain […]

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CNN Reports Gas System Hacked: Suspected Iranian Cyber Intrusions Target U.S. Gas Station Fuel Tank Monitors

Clark Savage1537

In a developing story that underscores the growing cyber vulnerabilities in America’s energy infrastructure, CNN reported on May 15, 2026, that hackers have breached systems monitoring underground fuel storage tanks at gas stations across multiple U.S. states. U.S. officials suspect Iranian actors are responsible, though definitive attribution remains elusive due to a lack of forensic […]

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UN Climate Panel Quietly Admits Its Doomsday Climate Scenarios Were ‘Implausible’ – How much money has been spent on Net Zero because of lies?

Clark Savage8156

The United Nations’ Intergovernmental Panel on Climate Change (IPCC) has quietly conceded that the extreme “doomsday” climate scenarios that have driven global energy policy, media headlines, and trillions in spending for more than a decade were never realistic. In a major update to its modeling framework for the upcoming Seventh Assessment Report (CMIP7), the IPCC […]

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AI Buildout Drives 76% Power Bill Jump on Largest US Grid – But Is AI the only Reason for Higher Prices?

Clark Savage1288

Power prices on the largest electric grid in the United States — PJM Interconnection, which serves 13 states and the District of Columbia — jumped a staggering 76% in the first quarter of 2026. Wholesale power averaged $136.53 per megawatt-hour (MWh), up from $77.78/MWh in the same period of 2025, according to the grid’s independent […]

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Aramco Shoring Up Their Balance Sheet Through Privatization Plan

Clark Savage1122

Saudi Aramco, the world’s largest oil producer, is embarking on its most ambitious privatization and asset monetization drive in its 93-year history. The company aims to raise up to $35 billion by opening midstream, downstream, and non-core assets to Wall Street investors through sale-leaseback deals, minority stake sales, and infrastructure partnerships. This move is explicitly […]

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