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“Harris, Dems push climate, energy, tax bill through initial Senate hurdle” Senate Democrats cleared a major hurdle Saturday to clears the way to the passing of a massive $433 billion tax, healthcare and climate-change package. Vice President Kamala Harris served as the tiebreaker vote joining Democrats to squeeze through the legislation in a 51-50 party…
“Former oil exec warns ‘gas will exceed $5 again’ amid recession worries” Joe Petrowski, former CEO of Cumberland Farms Gulf Oil Group, said on Monday that he is “absolutely certain” the United States will be in a recession. Speaking on “Mornings with Maria,” he noted that a recession usually comes along with “every energy crisis,” especially…
” Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity “ Bitcoin mining involves a delicate balance between multiple moving parts. Miners already have to face capital and operational costs, unexpected repairs, product shipping delays and unexpected regulation that can vary from country to country — and in the case of…
” How blockchain can address Austria’s energy crisis “ Climate change has become one of the biggest global challenges for humanity. At the same time, the dependence on hydrocarbon energy sources such as coal, oil and natural gas is still strong. Supply lines around these energy sources are further vulnerable to geopolitical tensions. Due to…
” Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price? “ A July 9 post by @PricedinBTC on the “cost to mine Bitcoin” in the United States gathered the crypto community’s attention, especially considering the recent headlines that BTC miners have made. The crypto bear market and growing energy costs have caused a…
“Hochul proves she’s a ‘Biden Dem’ by screwing NY on energy” If you like the way President Joe Biden’s focus on climate change has rocketed up costs for energy (e.g., gasoline), you’re going to love what Gov. Kathy Hochul’s green agenda is doing to New York. Just last week, Hochul doubled down on the state’s…
“US energy producers roast Biden for demanding companies to lower gas prices” The U.S. Oil & Gas Association took a hit at President Biden after he tweeted on Saturday that “companies running gas stations” should simply “bring down the price you are charging at the pump,” telling him that he should “please make sure the WH intern…
“Putin’s mall-strike strategy and other commentary” Foreign desk: Putin’s Mall-Strike Strategy The “busy shopping center” in Ukraine with more than 1,000 people inside when Russian missiles struck it Monday was far from the front lines, had no strategic value and posed no danger to Russian forces, note The Wall Street Journal’s editors, quoting President Volodymyr…
” How blockchain can open up energy markets: EU DLT expert explains “ Aside from the buzzing neologism of Web3, there is a bit less catchy but hardly less important concept of Industry 4.0, which includes the new and revolutionary drivers of the next generation’s industrial landscape. And, especially when it comes to the energy…
” Russia seems to be preparing to mine Bitcoin with flare gas “ The Russian government continues to establish links with major players in the cryptocurrency mining industry despite staying skeptical about legalizing cryptocurrency trading and payments. Russia’s state-owned gas giant Gazprom Neft has entered into a partnership with BitRiver, the largest crypto-mining colocation services…