Category: Energy News Beat

Calls for Oil Glut May Not Consider Realistic Oil Movements and Exploration

Energy News Beat Recent analyst predictions of an impending oil glut and sharply lower prices have gained traction amid falling benchmark crude prices and reports of recovering tanker flows through the Strait of Hormuz. However, a closer look at actual oil movements, inventory dynamics, refinery constraints, and exploration activity suggests these calls may be getting […]

US is looking to ban Chinese inverters on Green Energy

Energy News Beat The Trump administration is drafting restrictions that would effectively ban imports of new foreign-made energy inverters used in solar projects and battery storage systems, citing risks that China could use the devices to disrupt U.S. power supplies. According to an exclusive Reuters report published June 30, 2026, the Federal Communications Commission (FCC) […]

World’s Largest Data Center Project On Verge Of Collapse After Blackstone Unexpectedly Pulls Out

Energy News Beat In a significant setback for one of the most ambitious AI infrastructure projects in the United States, Blackstone-backed QTS Realty Trust has decided to abandon its portion of the Prince William Digital Gateway (also known as the PW Digital Gateway) in Northern Virginia’s Prince William County. The move comes just days after […]

250 Years of Energy: How America’s Abundant Natural Resources Powered a Rising Nation — And Why Smart Policy Will Determine the Next Century

Energy News Beat This article first ran yesterday on the Energy News Beat Substack. From the wood fires that warmed homes and fueled early industry in 1776 to the sophisticated mix powering AI data centers, electric vehicles, and global exports today, energy has been the invisible backbone of American prosperity, innovation, and geopolitical strength. The […]

The Spread Between Crude Oil and Refinery Pricing: What It Means, and Is Gouging Possible?

Energy News Beat This article was first published on the Energy News Beat Substack.  In energy markets, the key metric that separates crude oil prices from what consumers ultimately pay at the pump is the crack spread—the difference between the cost of crude oil feedstock and the market value of refined products such as gasoline, […]

U.S. Department of Energy Meets President Trump’s Goal, Delivers Third Advanced Reactor CriticalityJuly 2, 2026

Energy News Beat In a landmark achievement for America’s nuclear renaissance, the U.S. Department of Energy (DOE) announced that Deployable Energy’s Unity demonstration reactor successfully achieved criticality on June 30, 2026 (late yesterday), at Idaho National Laboratory (INL). This marks the third DOE-authorized advanced reactor to reach this milestone by the July 4, 2026, deadline […]

More New Capacity Online at US Uranium Enrichment Plant

Energy News Beat Urenco USA brings fifth new cascade online at Eunice, New Mexico facility, bolstering domestic nuclear fuel supply EUNICE, N.M. — Urenco USA has started up its fifth new gas centrifuge cascade at the National Enrichment Facility, with production beginning on June 22, 2026. The company announced the milestone on June 29, continuing […]

A new electricity consumption tax on data centers in Virginia passes into law on July 1, 2026

Energy News Beat On June 22, 2026, Virginia’s General Assembly approved its two-year biennial budget (HB 30), which includes a first-of-its-kind electricity consumption tax on qualifying data centers. The tax took effect July 1, 2026, and runs through June 30, 2028. The measure levies $0.011 per kWh (1.1 cents) on all electricity consumed at covered […]

Billionaire Texas Hunt, Crow families join bitcoin firm in $1 billion data center deal

Energy News Beat In a significant move blending Texas real estate and energy dynasties with public-market access, members of the billionaire Hunt and Crow families have partnered with Nasdaq-listed Empery Digital Inc. (NASDAQ: EMPD) to develop data centers targeting hyperscalers and AI workloads. The group has agreed to acquire a powered Midwest industrial facility for […]

Why is China Building Reactors While America Sleeps?

Energy News Beat In this episode of the Energy Newsbeat Podcast, host Stu Turley sits down with Thomas Land, CEO of Myriad Uranium and J2 Metals, to explore the geopolitical battle reshaping global energy. While China aggressively builds dozens of nuclear reactors to power its AI dominance, the United States remains frozen in time with […]