Article
Energy Secretary Directs Oil Company To Resume Operations In California, Citing National Security
Energy Secretary Directs Oil Company To Resume Operations In California, Citing National Security
Authored by Jacob Burg via The Epoch Times,
Energy Secretary Chris Wright on March 13 directed the Texas-based oil company Sable Offshore Corp. to restore operations in water off southern California.
Wright invoked the Defense Production Act to restore the company’s Santa Ynez Unit and Pipeline System near Santa Barbara to address supply disruption risks that “have left the region and U.S. military forces dependent on foreign oil,” according to a Department of Energy news release.
“The Trump Administration remains...
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Pennsylvania Data Centers Face Increased Oversight Under New Law
Pennsylvania Data Centers Face Increased Oversight Under New Law
By Diana DiGangi of UtilityDive
Pennsylvania's Democratic Governor Josh Shapiro, signed a budget Sunday which will require data centers to report their exact water and power usage annually to the state. It also requires the PJM Interconnection to give Pennsylvania state regulators additional insight into its demand forecasting.
“The current process by which utilities submit information to PJM lacks transparency for policymakers, regulators and stakeholders,” states House Bill 1924, which was folded into Pennsylvania’s 2026-2027 budget. “There is a need for oversight by...
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China "Aggressively" Selling Oil In Recent Weeks
China "Aggressively" Selling Oil In Recent Weeks
We knew there was a reason why China had accumulated a cool 1.5 billion barrels in its strategic petroleum reserve: the reason, to become the world's strategist petroleum reserve when the time arises... for a price of course.
According to the chief executive officer of commodity trader Mercuria, Chinese oil companies have been aggressive sellers in recent weeks, selling barrels to several nations in tenders.
“What has been happening in the last two or three weeks is actually they have been aggressively selling crude oil,” Mercuria...
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