Energy

Global warfare has impacted the supply chain, pushing diesel prices close to the highest they have ever been.

Tax revenues are coming in higher than expected in states like Alaska and New Mexico as oil prices remain elevated.

Trucking and other transportation costs are up, thanks in part to the war in the Middle East. As a result, business owners are strategizing on whether to absorb those higher costs or pass them on to their customers.

Oil prices could have been even higher, but, for now, investors expect Iran and the U.S. to come back to the negotiating table.

As the U.S. war with Iran is rekindled, oil producers are looking for new routes to bypass the Strait of Hormuz.

New York became the first state to impose a moratorium on large-scale data centers, citing grid strain and higher costs for ratepayers.

Ukrainian attacks on Russia’s refineries have contributed to lower global capacity for products like diesel and gasoline.

A study from the Electric Power Research Institute found that data centers put downward pressure on average electricity prices through 2024. But that might not continue if data center demand outpaces electricity supply.

As Trump has declares the truce “over” and aggression ramps back up, Robin Brooks of the Brookings institution walks us through what this all might mean for the global oil market.

Despite changes in federal policy around clean energy, World Energy CEO Gene Gebolys says business is strong.