Tag Archives: United States of America

Tech Companies are Racing to Harness Nuclear Power

With the demand for power increasing rapidly, tech companies are looking for innovative solutions to meet the demand created by artificial intelligence (AI) and other new technologies. In addition to solar and wind power, several tech companies are investing in nuclear energy projects to power operations. The clear shift in …

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A New Era for Nuclear Power in the U.S.

The U.S. Palisades Power Plant could become the first nuclear plant to reopen in the U.S. after shutting down, potentially signaling a new era for U.S. nuclear power. As the U.S. government supports a new wave of nuclear reactor development, in support of a green transition, the reopening of existing …

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EIA Raises 2024 Forecast for U.S. Crude Oil Demand

The U.S. Energy Information Administration (EIA) has raised its forecast for crude oil demand in the United States, according to the agency’s Short-Term Energy Outlook released today—although its price outlook for this year and next has been revised down. The EIA now sees U.S. petroleum and other liquid fuels consumption …

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Shale Keeps Getting Leaner and Meaner

U.S. oil production dipped by 61,000 barrels daily in May, the EIA reported this week, confirming what many already expected: continued stringent discipline among drillers. But those expectations may have been misleading because now some producers are planning output boosts—thanks to cost reductions. Last year, shale drillers surprised pretty much …

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