Article
Musk Buys Florida-Based Energy Company
Musk Buys Florida-Based Energy Company
Authored by Jill McLaughlin via The Epoch Times,
Elon Musk has acquired a power company based in Jacksonville, Fla., paying $1 billion for the mobile gas-turbine provider as a possible solution to data center energy needs.
The Federal Trade Commission (FTC) lists Musk as the acquiring party, with New APR Energy, LLC listed as the acquired entity.
Neither party issued public statements on the deal that closed May 14. Local business news outlet Jacksonville Daily Record first reported on the news in June before it gained national media...
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Jun 19, 2026 / Tyler Durden
America's Military Readiness Depends On Deployable Nuclear Power
America's Military Readiness Depends On Deployable Nuclear Power
Authored by James Durso via RealClearDefense.,com,
For decades, energy policy in Washington was debated on the basis of economics, climate change, and domestic politics. That era is over. The United States is entering a period where energy security must be recognized as a core pillar of national security and military readiness.
The global competition underway with China is not just about trade or tariffs. It is about industrial capacity, technological dominance, artificial intelligence (AI), semiconductor manufacturing, and defense production – all of which depend on a...
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Jun 22, 2026 / Tyler Durden
Chevron Lands 20-Year Deal To Power Microsoft's AI Expansion
Chevron Lands 20-Year Deal To Power Microsoft's AI Expansion
Microsoft has signed a 20-year agreement with Chevron to power a massive new AI-focused data center campus in West Texas, underscoring the growing race among tech companies to secure reliable energy supplies, according to Bloomberg.
The project, known as Project Kilby, is expected to begin generating power in 2028 and eventually reach 2.67 gigawatts—enough electricity for more than 530,000 Texas homes.
Chevron is developing the project with Engine No. 1 and expects to make a final investment decision later this year. Despite the...
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Mar 24, 2026 / Tyler Durden
Ozempic Slims America... And It's Lightening Truckers' Loads!
Ozempic Slims America... And It's Lightening Truckers' Loads!
Via Freightwaves.com,
The freight market is no stranger to disruptive forces - tariffs, recessions, weather, economic fluctuations, and capacity crunches have all reshaped freight demand over the years.
But a new contender is emerging from an unexpected corner: the widespread adoption of GLP-1 medications (think Ozempic, Wegovy, Mounjaro, and similar GLP-1 receptor agonists).
These drugs, originally developed for diabetes management and now massively popular for weight loss, suppress appetite and reduce overall caloric intake. Early estimates suggest that even at current penetration levels — roughly 12%...
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