Text size Nutrien’s potash mine in Saskatoon, Canada. Potash fertilizer prices have soared by three-quarters this year. James MacDonald/Bloomberg Haven’t earned enough on your oil stocks since R...
Tag: Energy
U.S., Europe Closing In on Deal to Cut Demand for Russian Energy
(Bloomberg) — The Biden administration and European Union are close to a deal aimed at slashing Europe’s dependence on Russian energy sources, as the U.S. and its allies seek to further isolate ...
US Bitcoin Mining Firm Utilizes Harmful Coal Waste To Generate Energy For Mining
Stronghold Digital Mining (SDIG), a crypto mining firm in Pennsylvania, in quite a unique way, is powering hundreds of mining rigs by turning waste from old power plants into energy. The mining ...
Londoners should avoid unnecessary car journeys after pollution alert
The Mayor of London, Sadiq Khan, has issued a high pollution alert for the U.K. capital. Andrew Holt | Photolibrary | Getty Images LONDON — Mayor of London Sadiq Khan has issued a high pollution alert...
US Bitcoin mining firm turns to harmful coal waste for cleaner energy
Stronghold Digital Mining (SDIG), a crypto mining company in Pennsylvania, is turning waste from old power plants into energy to power hundreds of Bitcoin mining rigs. The company collects coal refuse...
US Lawmakers Tip Crypto Mining As Key To Energy Independence ⋆ ZyCrypto
Advertisement     Pete Sessions believes Bitcoin mining can help the US achieve energy independence. It comes as the conflict in Europe has pushed gas prices higher. T...
“Optical proof-of-work” would reduce bitcoin’s energy demand and improve geographic distribution of hashrate, proponents argue
Simply shifting the cost curve to up-front cost might lead to the exact opposite centralization problem. Instead of most bitcoin mining ending up near cheap, abundant energy sources that popped up in ...
Bitcoin Mining Will be Beneficial for America’s Energy Independence
Pete Sessions – Congressman representing Texas’ 17th Congressional District – claimed bitcoin will be a stimulating factor in rebuilding the USA’s energy independence. Among the supporters of his opin...
Texas Congressman Pushes For Bitcoin Mining To Make US ‘Energy Independent’
US Congressman Pete Sessions believes bitcoin is consistent with American ideals and will help boost the US dollar. Rep. Sessions also pointed out that cryptocurrency “is going toward becoming a more ...
U.S. Senator Cynthia Lummis Sees Bitcoin Mining Boosting The U.S. Energy Industry
The relevance of the nascent Bitcoin industry keeps getting new highlights for its potential, which suggests that it will transcend just being a payment network or store of value. For some US Congress...
Amazon Loses Round One of Indian Retail Battle Royale
Amazon AMZN 0.15% is staring at an embarrassing defeat after fighting a drawn-out legal battle to block India’s most valuable firm, Reliance Industries, 500325 -0.50% from buying the country’s number ...
Bitcoin mining could be good for US energy independence: Research
Republican Congressman Pete Sessions from Texas has come out with a bold statement about the impact Bitcoin mining will have not just on his state but on the United States as a whole. The Texan repres...
Texas Congressman Endorses Bitcoin Mining for US ‘Energy Independence’
In brief Bitcoin mining companies are flocking to Texas. Global fuel prices have risen in the wake of Russia’s war against Ukraine. Rep. Pete Sessions wants Texas Bitcoin mining to be a key comp...
High Gas Prices Might Be Here For A While, But We Have A Way Out
Detail of a hand holding a fuel pump at a station getty Although there are many indicators of how the global economy is going, the price of gasoline is the one that we all know best. The average cost ...
Coal is a ‘stupid investment’: UN chief Antonio Guterres
UN Secretary General António Guterres photographed at the COP26 climate summit in Glasgow, Scotland on Nov. 11, 2021. Jeff J Mitchell | Getty Images News | Getty Images The U.N. Secretary General issu...
IEA Plan Won’t Snip Europe’s Energy Ties To Russia
LIVERPOOL, ENGLAND – MARCH 17: A protestor ties his head to the goal post which interrupted play … [+] wearing a t-shirt saying Just Stop Oil during the Premier League match between Everto...
Revisiting Bitcoin’s Energy ‘Problem’ in the Face of ESG Investment Mandates
The preceding point about transaction validation is important because it is enticing to compare the energy density of Bitcoin transactions to something like Visa (V). Bitcoin can only handle seven tra...
Pipeline Stock Dividends Are Rising as Oil Prices Surge. Here’s How to Play It.
Sanctions on Russia are upending global energy markets, pushing up crude oil above $100 a barrel and sending U.S. gasoline prices to an average $4.30 a gallon, up nearly 50% in the last year. It has a...
Dow Jones Gains Amid Rally; Warren Buffett Boosts This Energy Stock; Tesla Stock Surges
The Dow Jones Industrial Average moved higher as the stock market built on Wednesday’s powerful gain. Legendary investor Warren Buffett boosted Occidental Petroleum (OXY) after it emerged Berksh...
How to Make Oil Stock Volatility Work for You
Text size A Diamondback Energy oil rig in Midland, Texas. Callaghan O’Hare/Bloomberg With oil prices rising and falling dramatically, it can be hard to get a handle on oil stocks. One strategy: ...
Devon Energy, SolarEdge Are Best, Worst S&P 500 Performers Today
Shale energy play Devon Energy (DVN) shot up 9.6%, making DVN stock the top-performing S&P 500 stock on Thursday. U.S. crude energy prices leapt 8.4%, rebounding back above $100 a barrel. SolarEdg...
Russian War Pushes Germany To Broaden Its Energy Security Definition
Emily Pickrell, UH Energy Scholar BERLIN, GERMANY – FEBRUARY 09: (EDITORS NOTE: Image was created using a variable planed lens.) The … [+] natural-gas fuelled Heizkraftwerk Berlin-Mitte po...
The blockchain projects making renewable energy a reality – Cointelegraph Magazine
Much has been said about Bitcoin‘s carbon emissions. Far less has been said about the potential of blockchain to increase the efficiency of renewables by transparently managing supply and demand. Bloc...
IEA’s plan to cut oil use
Cyclists photographed in Lisbon, Portugal, in October 2018. Kamisoka | Istock Unreleased | Getty Images Speed limits on highways should be cut by at least 10 kilometers per hour (6.2 mph) to help lowe...
Macron says France must take control of some energy firms
Macron – Aurelien Meunier/Getty Images 06:14 PM Wrapping up That’s all from us today, thank you very much for following! Our live blog on the P&O Ferries scandal is still open, you can...
Unless OPEC increases output, oil market will fall into deficit after Russian invasion, IEA says
Russia’s invasion of Ukraine and sanctions on its oil exports threaten a supply shock that will weigh on the global economy and push the oil market into a deficit unless major producers increase outpu...
Investors have been scared out of this group of stocks, says fund manager, who offers five ideas for the rebound to come.
China has been talking up its markets, and that’s lifting all boats this morning, with Wall Street off to a strong start ahead of what’s expected to be the first Fed rate hike in more than three years...
Opinion: Ukraine war is a wake-up call to ditch oil and gas forever
That invasion, and the subsequent U.S. ban on oil imports from Russia, are partly responsible, but they aren’t the only reason. According to the U.S. Energy Information Administration, the impact of t...