DOE Kicks Off a Huge Investment into America’s Electric Grid

The U.S. Department of Energy’s Office of Electricity announced on September 24, 2026, that it intends to help fund 31 grid-improvement projects across 26 states under the Speed to Power through Accelerated Reconductoring and other Key Advanced Transmission Technology Upgrades (SPARK) initiative. The package totals $5.25 billion—$1.9 billion in federal funding and $3.35 billion in […]

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Energy Security Under Fire: Drones, Sanctions, and the New Oil Wars

Kirk Edwards, President of Latigo Petroleum, stops by the Energy News Beat Podcast In this episode of the Energy News Beat Podcast, host Stu Turley sits down with Kirk Edwards, President of Latigo Petroleum, to discuss the critical energy challenges reshaping global markets. From diesel shortages and geopolitical tensions to drone warfare targeting refineries, the […]

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Why Are Global Diesel Prices So High? Exhibit A: Ukraine Drone Hits Novoshakhtinsk Refinery

A Ukrainian drone strike on Friday forced Russia’s Novoshakhtinsk refinery in the Rostov region offline, according to regional governor Yury Slyusar. The plant, which processes about 110,000 barrels per day (roughly 5–5.6 million tons per year), is not one of Russia’s giants. It is, however, a clean illustration of why diesel—the workhorse fuel for trucking, […]

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How the Net Zero Deindustrialization Just Hit Mercedes as They Need $800 Million in Labor Savings

Mercedes-Benz is no longer talking about “transformation.” It is talking about survival in Germany. WirtschaftsWoche, citing three people familiar with the talks, reports that Mercedes wants about €800 million in German labor-cost savings — roughly $911 million at current rates. Options on the table include longer hours without extra pay, cuts to holiday and Christmas […]

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Oracle’s huge data center project declares force majeure. Is this the first warning sign in the data center space?

On Thursday, September 24, 2026, Bloomberg reported that Oracle sent a force majeure notice to the developer of Project Jupiter — the 1,400-acre AI campus in Doña Ana County, New Mexico — in an effort to defer payments if the facility misses its planned 2028 in-service date. Shares of Oracle fell about 4–5%. Blue Owl […]

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