Chinese Supertanker Sails Out Of Hormuz In Rare Exit

Here's Where Electricity Prices Jumped The Most In America Electricity prices are becoming one of the fastest-rising household expenses in parts of America. Using data from the U.S. Energy Information Administration (EIA), this map, via Visual Capitalist's Dorothy Neufeld, shows how residential electricity prices changed across all 50 states over the past year. The differences are striking. Washington D.C. saw electricity prices surge 23% year over year, over two times the national average increase of 10%, while several states in the West saw little change or outright declines. Much of the pressure is being driven by rising...

Hormuz Shock Raises Recession Risk As Retailers Sound Alarm On Consumer Stress Oil market experts at Rapidan Energy Group warn that a prolonged closure of the Strait of Hormuz could trigger an oil shock severe enough to hit consumers hard and push the economy into a downturn on a scale approaching that of the 2008 Great Recession. That warning was reinforced by a UBS analyst, who cautioned that sharper slowdowns for working-class households could emerge this summer as gasoline pump prices average north of $4.50 per gallon this week and collide...

The AI Race Will Be Won Or Lost On Power Infrastructure By Amanda Simonian, chief marketing officer at TerraFlow Energy, first published in UtilityDive Over the past several months, moving between conversations on Capitol Hill, industry conferences, and meetings with operators, developers and policymakers, I have been struck by how often very different discussions keep circling back to the same underlying concern: power. In congressional offices, it comes up through the language of energy security, industrial policy and what it will take to keep infrastructure ahead of rising electricity demand. Across...