Gas prices are on the rise again and drivers can expect more increases to come after steep oil production cuts by OPEC+

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pumping gas

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German insurers are backing the damaged Nord Stream gas pipeline despite their country severing energy ties with Russia

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Nord Stream 1
The Nord Stream natural gas pipeline.

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Oil prices spike 6% after OPEC's unexpected supply cut

Tech Insider
Saudi Arabia's energy minister Prince Abdulaziz bin Salman says OPEC+ could slash output further.
Saudi energy minster Abdulaziz bin Salman Al Saud.

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The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut

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OPEC OPEC+ oil producers oil price
The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut.

Ramzi Boudina/Reuters

It could take years for the US to refill its emergency oil reserves after last year's record sales

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The UAE is moving up an already ambitious target to increase crude oil output.
Oil barrels.

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America is being hit by a huge surge in blackouts — and it's only going to get worse

Tech Insider : Economy, Politics, Climate Crisis
A GIF of a city fading into darkness
Major blackouts are happening more often thanks to extreme weather from climate change and a fragmented electric grid.

iStock; Rebecca Zisser/Insider

UK Space Agency Funds Rolls-Royce Nuclear Reactor Project to Power Moon Bases

Gizmodo : Environment

As humanity resets its gaze toward Moon, British aerospace company Rolls-Royce Holdings is continuing its work on developing nuclear power sources for spaceflight and exploration. Today, the company announced funding from the U.K. Space Agency to further research and develop a nuclear reactor that’s meant to power a…

Russian diesel has been sitting in Sudan waters for over 2 weeks because Moscow can't find buyers

Tech Insider
Oil tanker
An oil tanker.

Suriyapong Thongsawang

Leading Denier Think Tank Uses AI Image of Dead Whale and Wind Turbines

Gizmodo : Environment

Readers of the daily email newsletter of one of the country’s leading right-wing, fossil fuel-funded think tanks were treated to a bizarre sight this week: an AI-generated image of a dead whale washed ashore on a beach in front of wind turbines, above a fearmongering story about offshore wind. Unfortunately, what is…

Bank turmoil drags oil prices down to 15-month low

Tech Insider
us oil refinery

REUTERS/Donna Carson

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