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Southern Co. Electricity Sales Soar On 42% Data Center Growth
Southern Co. Electricity Sales Soar On 42% Data Center Growth
By Diana DiGangi of UtilityDive,
The company has 28 large load projects representing 11 GW under contract, and Georgia Power’s first-quarter capital expenditures increased year over year from $1.6 billion to $2 billion.
Southern Company reported 2.3% year-over-year growth in retail electricity sales across its utilities for the first quarter of this year, driven predominantly by data centers.
Overall, data centers used 42% more power compared to the first quarter of 2025, according to company officials and Southern’s quarterly report to the Securities and Exchange...
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May 19, 2026 / Tyler Durden
Iran's Floating Oil Stockpile Jumps 65% As U.S. Naval Blockade Bites
Iran's Floating Oil Stockpile Jumps 65% As U.S. Naval Blockade Bites
By Charles Kennedy of OilPrice.com
The volumes of Iranian oil stored at tankers in and around the Strait of Hormuz have jumped in recent weeks as Iran considers ways to circumvent the U.S. blockade in the Gulf of Oman aimed at choking Iranian oil exports.
The number of tankers laden with crude but sitting in the Persian Gulf and near the Strait of Hormuz has jumped since the U.S. initiated in the middle of April a naval blockade to prevent Iranian...
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Feb 21, 2026 / Mises Institute
Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City
This event shows how entrepreneurs are advancing free-market solutions beyond our broken political system, with speakers highlighting real-world alternatives in health care, entrepreneurship, and economic policy.
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Sep 30, 2026 / Tyler Durden
Bank of Korea To Buy 1 Ton Of Gold In First Purchase Since 2013
Bank of Korea To Buy 1 Ton Of Gold In First Purchase Since 2013
Add South Korea to the list of countries taking tentative steps to hedge their exposure to the US dollar, and fiat in general.
The Bank of Korea will buy approximately one ton of domestically produced gold in December, worth 200 billion won, according to the office of Rep. Chung Tae-ho of the Democratic Party of Korea, a member of the National Assembly's Strategy and Finance Committee, on the 30th.
The move, which follows indirect investment through ETFs in...
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