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HomeUS Energy News

US Energy News

Texas
AI

Data centers and cryptocurrency mining in Texas drive strong power demand growth

October 4, 2024 Mariel Alumit

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), September 2024 Note: The Electric Reliability Council of Texas (ERCOT) defines large flexible load as any facility drawing power from the grid with an expected peak demand capacity of 75 megawatts […]

New Jersey
Data Center

Grid capacity, data centers among topics at New Jersey hearing on electricity prices

October 4, 2024 Mariel Alumit

  This article was originally published by the New Jersey Monitor. After a scorching summer that saw electricity bills soar, experts told lawmakers Wednesday that they should eschew costly utility mandates, invest in technology like carbon […]

Vance-Walz Debate
Climate Crisis

Fact-Checking Climate Change Claims Made During The Vance-Walz Debate

October 3, 2024 Mariel Alumit

Fact-checking claims made by Vance and Walz on climate change, solar panels, and hurricanes during their vice presidential debate. With only 34 days until the 2024 presidential election, vice presidential candidates Minnesota Gov. Tim Walz, […]

Oil
Crude Oil News

Oil Moves Higher Despite Rising U.S. Crude Inventories

October 2, 2024 Mariel Alumit

Crude oil prices ticked higher today, even though the U.S. Energy Information Administration reported an estimated inventory build of 3.9 million barrels for the week to September 27, driven by the latest escalation in the Middle East. […]

Venture Global
Finance

Venture Global LNG secures $3 billion in preferred stock offering

October 2, 2024 Mariel Alumit

Venture Global announced on Tuesday that it has closed its inaugural offering of 3 million shares of 9.00 percent series A fixed-rate reset cumulative redeemable perpetual preferred stock, with a $1,000 liquidation preference per share. […]

CBS
Climate Crisis

CBS Spins False Narrative On Hurricane Helene And Trends, Ignores Real-World Data

October 2, 2024 Mariel Alumit

CBS News/LA falsely claims Hurricane Helene was strengthened by climate change, despite no evidence of increasing hurricane intensity in empirical data. A recent broadcast weather segment on CBS News, Los Angeles, titled “Helene gaining strength […]

Data center
AI

Data center owners turn to nuclear as potential electricity source

October 2, 2024 Mariel Alumit

Last month, Constellation Energy announced a 20-year power purchase agreement (PPA) to provide electricity to Microsoft data centers in the mid-Atlantic region from the Unit 1 reactor at the Three Mile Island nuclear power plant in Pennsylvania. […]

Coal

China’s Lingering Oil Concerns

October 1, 2024 Andy Del Prado

Daily Standup Top Stories Oil, Natural Gas, and Coal Dominate U.S. Rail Freight September 30, 2024 Mariel Alumit U.S. rail freight transported nearly 1.8 million metric tons of materials in 2023, with energy products, including coal, […]

Wyoming
Crude Oil News

Industry ‘concerned’ after lackluster Wyoming lease sale

September 30, 2024 Mariel Alumit

The US Bureau of Land Management (BLM) received only four bids on two parcels during its Sept. 25 lease sale in Wyoming, leaving industry leaders concerned about the future of drilling on public lands there. […]

Salt water
Electric Vehicles

Salt water is making electric cars blow up after Hurricane Helene

September 30, 2024 Mariel Alumit

Electric vehicles that have been flooded with salt water are being treated as a potential fire hazard in the wake of Hurricane Helene. Officials are urging those who evacuated and left electric vehicles or golf carts […]

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