Ukraine launched one of its largest drone attacks on Moscow since Russia’s full-scale invasion began in 2022, striking the Kapotnya (Moscow) Oil Refinery for the second time in less than a week. The assault caused fires, explosions, and significant disruption in the Russian capital, while also hitting targets in the Rostov region and occupied Ukrainian […]
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The California High-Speed Rail (CAHSR) project, once sold to voters as a transformative $33 billion bullet train connecting San Francisco to Los Angeles in under three hours by 2020, now carries eye-watering cost estimates that have ballooned dramatically. The latest figures from the California High-Speed Rail Authority’s (CHSRA) 2026 Draft Business Plan put the full […]
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The global oil market remains on edge as the Strait of Hormuz — the world’s most critical oil chokepoint — stays effectively paralyzed amid the ongoing U.S.-Iran conflict that began in late February 2026. JP Morgan has issued a fresh, more urgent update, warning that the situation could drive Brent crude sharply higher in the […]
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In a major escalation of the ongoing U.S.-Iran conflict, President Donald Trump has signaled that U.S. forces will strike Iran “VERY HARD TONIGHT” and, in the near future, take control of Iran’s critical oil infrastructure, including Kharg Island. This development draws direct parallels to the administration’s approach in Venezuela and aligns with commentary from energy […]
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In the most complex mix of geopolitical supply disruptions in modern history—over 100 days into the US-Iran conflict involving strikes, Hormuz transit risks, and broader Middle East tensions—the United States and China are effectively supplying a significant portion of global oil demand through their strategic and commercial reserves. They are doing so via sharply contrasting […]
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In the high-stakes waters of the Strait of Hormuz, where roughly 20% of global oil trade flows daily, a dramatic incident unfolded on June 8-9, 2026, that underscores the unseen military efforts keeping energy markets stable. A U.S. Army AH-64 Apache helicopter was struck by an Iranian Shahed drone, forcing an emergency ditching into the […]
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In a decisive step to safeguard Florida’s electric grid amid rising electricity demand, the U.S. Department of Energy (DOE) issued a 90-day emergency order on June 4, 2026, directing the Orlando Utilities Commission (OUC) to keep its 465-MW coal-fired Stanton Unit 1 at the Stanton Energy Center running instead of moving it into cold shutdown. […]
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China is moving fast to solve one of the biggest bottlenecks in the global AI race: powering data centers quickly and cheaply. According to state broadcaster CCTV, the country has just launched its first prefabricated computing power hub in the eastern city of Qingdao, Shandong province. This modular power solution promises to slash construction time […]
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Illinois Governor JB Pritzker has joined Ohio Governor Mike DeWine in hitting the pause button on tax incentives for new data centers. On June 5, 2026, Pritzker directed the Illinois Department of Commerce and Economic Opportunity (DCEO) to stop processing new agreements under the Data Center Investment Program effective July 1. This move mirrors Ohio’s […]
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A new series on legislators trying to virtue-signal consumer protection, starting with Virginia. – The Energy News Beat SubStack. Not passing the Save America Bill may be one of the primary reasons the Republicans will lose the Midterms if they don’t stop acting like a Uni-party and helping the Democrats more than President Trump and […]
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