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

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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Trump Administration Releases More SPR Oil to Help Oil Market and Consumers

The Trump administration continues its aggressive use of the Strategic Petroleum Reserve (SPR) to stabilize surging oil prices and provide relief to American consumers amid ongoing global supply disruptions tied to the U.S.-Iran conflict. On Monday, the U.S. Department of Energy (DOE) announced the release of an additional 53.3 million barrels of crude oil from […]

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