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Can Undersea Volcanoes Power Cities? A Seattle Startup Just Took The First Step
Can Undersea Volcanoes Power Cities? A Seattle Startup Just Took The First Step
Authored by Haley Zaremba via OilPrice,
A geothermal startup aiming to source energy directly from undersea volcanoes just hit a major milestone that could bring round-the-clock clean energy to cities on the northwest coast of the United States and serve as a critical proof of concept for other regions, with particular relevance for the other 14 countries situated along the Pacific Ring of Fire.
Seattle-based energy startup Endurance Energy just announced that it successfully created net-positive energy from its...
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Jul 6, 2026 / Tyler Durden
Futures Rise As Tech Rebounds In Post-Holiday Catch Up
Futures Rise As Tech Rebounds In Post-Holiday Catch Up
US equity futures point to a firmer cash open as traders return from the long weekend, but the bigger question is whether investors continue to rotate out of the crowded AI trade and into the broader market. As of 8:00am ET, S&P futures rise 0.4%, while Nasdaq 100 contract rise 1.1% as most Mag 7 names are in the green. In premarket trading, chip/memory stocks rebound from last week's rout which follows the an 18% plunge in the GS High Beta Momentum (GSPRHIMO)...
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May 15, 2026 / Tyler Durden
India's Trade Deficit Surges As Energy Import Prices Soar
India's Trade Deficit Surges As Energy Import Prices Soar
India's trade deficit soared in April by more than analysts expected, as the surge in oil and gas prices hiked the Indian energy import bill.
The trade deficit jumped by $8bn from $20.6bn in March to $28.38bn last month, higher than the $26 billion estimate, on a broad-based increase in imports. At the same time, total exports grew by 13.8% in April from a year earlier to hit $43.56 billion.
Oil imports sequentially rose by around 60% MoM likely driven by higher volumes in April (vs....
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Jun 21, 2026 / Dave DeCamp
US Announces a Series of Airstrikes in Somalia
US Africa Command announced that its forces launched a series of airstrikes in Somalia in recent days as the Trump administration continues a heavy bombing campaign in the country, which receives virtually no US media coverage. AFRICOM announced new airstrikes that it said were launched against al-Shabaab in different parts of southern Somalia on June […]
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