** The U.S. Coast Guard is pursuing an oil tanker in international waters near Venezuela, officials told Reuters on Sunday, in what would be the second such operation this weekend and the third in less than a week. ** A second oil tanker was seized by the U.S. Coast Guard on Saturday off the coast of …
The same windy conditions that raked Oklahoma last week were also responsible for 100 mile an hour winds in Colorado where they blew up some criticism from Xcel Energy’s leader for Colorado Gov. Jared Polis, calling him “uninformed.” The utility’s move to be overly cautious to avoid a repeat of the deadly fires that destroyed …
Energy Brief: Power, Coal and Grid Tensions Escalate United States Coal plants ordered to stay onlineThe Trump administration ordered the Centralia coal plant in Washington to continue operating beyond its scheduled Dec. 31 closure, even though state law requires utilities to stop burning coal at the end of the year. House backs authority to delay …
Rapid data center growth expected across western states A new study examining the impact of data centers across western U.S. states, including Colorado and New Mexico, warns that artificial intelligence-driven development could expand more than four times faster than growth seen over the past decade. The analysis finds the surge will not only drive up …
(Harold Hamm, center, at an October fund-raising dinner for President Trump’s ballroom at the White House in Washington.Credit…Doug Mills/The New York Times) After a nearly four-year absence from the headlines of the nation’s major news groups, Oklahoman Harold Hamm has once again attracted their attention with the return of Donald Trump to the White …
Stitt pushes confidence, not fear, on data centers Oklahoma Gov. Kevin Stitt says the state should not fear the growth of data centers and artificial intelligence, arguing that Oklahoma’s energy strategy positions it to stay competitive while protecting consumers from rising electricity costs. “I think we, we don’t need to be scared about data centers,” …
AI spending boom raises investor concerns The AI spending boom is entering a “dangerous” phase as Big Tech firms increasingly tap external investors to cover mounting costs, a top executive at hedge fund giant Bridgewater Associates said Monday, according to Reuters. The warning underscores the degree of unease rippling through markets as several investors have …
President Trump just ran into criticism from Oklahoma Gov. Kevin Stitt over his elimination of wind energy projects across the U.S. “You cannot weaponize these things and just for political purposes put your thumb on the scale,” Stitt said while speaking at Semafor’s “Powering America’s Future” event reported Oklahoma Watch. “It’s very disappointing,” Stitt …
U.S. ENERGY Oil Companies Offered $300M for Gulf Drilling Rights Oil companies offered $300 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 planned sales under Republican efforts to ramp up U.S. fossil fuel production. Exxon Cuts Low-Carbon Spending Plans Exxon Mobil Corp. plans to cut planned spending …
The Trump Administration dramatically escalated its standoff with Venezuela on Wednesday by seizing a large tanker loaded with crude oil bound for Cuba. The exact details of the seizure, first reported by Bloomberg, are unclear and administration officials could not be reached for comment. The tanker seizure also targets longtime Cuba — a close Venezuelan ally …
