In a significant setback for one of the most ambitious AI infrastructure projects in the United States, Blackstone-backed QTS Realty Trust has decided to abandon its portion of the Prince William Digital Gateway (also known as the PW Digital Gateway) in Northern Virginia’s Prince William County. The move comes just days after Bloomberg reported the […]
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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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This article was first published on the Energy News Beat Substack. In energy markets, the key metric that separates crude oil prices from what consumers ultimately pay at the pump is the crack spread—the difference between the cost of crude oil feedstock and the market value of refined products such as gasoline, diesel, and jet […]
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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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Urenco USA brings fifth new cascade online at Eunice, New Mexico facility, bolstering domestic nuclear fuel supply EUNICE, N.M. — Urenco USA has started up its fifth new gas centrifuge cascade at the National Enrichment Facility, with production beginning on June 22, 2026. The company announced the milestone on June 29, continuing its strong track […]
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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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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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In a timely new analysis published today, Doomberg challenges conventional peak oil narratives with a provocative twist: it’s “Peak ‘Not Oil.’” The piece highlights how surging U.S. natural gas liquids (NGLs) — particularly propane and butane — are delivering a “tsunami of new supply” that the global economy is rapidly adapting to, rendering a narrow […]
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The latest development in America’s shifting energy landscape came on June 29, 2026, when the U.S. Department of the Interior (DOI) announced a settlement with Duke Energy. The utility will voluntarily terminate its $129 million Carolina Long Bay offshore wind lease and reinvest that capital into new natural gas generation, nuclear power, and grid enhancements […]
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A powerful thunderstorm packing extreme straight-line winds slammed into central South Dakota this morning, leaving critical damage at a wind farm near Highmore in Hyde County. Storm chaser Jakob McMillin documented the scene in a widely shared post on X (formerly Twitter), showing multiple wind turbine towers collapsed or heavily damaged, with blades and structural […]
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