In an interview with CNBC on Friday, SUKU CEO Yonathan Lapchik discussed the Bitcoin mining scene related to renewable energy. He explained that 75% of all bitcoin miners are powered by clean and sustainable sources such as hydroelectric power or wind farms in some parts of China like Inner Mongolia. Read more…
8 Key Reasons Understanding the Price of Gasoline The simple answer to why gas prices fluctuate is that it is driven by the change in supply or demand. In the summer, people drive more and the price goes up – for instance. However, there are a lot of factors that Read more…
“Following this restart, it will take several days for the product delivery supply chain to return to normal,” Colonial Pipeline said in a statement. “Some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the start-up period.” The cyberattack disabled computer systems responsible for fuel production Read more…
Ohio has roughly 1,000 sites on its orphan well inventory. “There likely are many more,” said Eric Vendel, chief of the Ohio Department of Natural Resources Division of Oil and Gas Resources Management. The hope is that drones equipped with magnetometers could help locate wells that are not yet on Read more…
President Joe Biden is looking to increase clean energy production. Currently, it accounts for just 7% of U.S electricity consumption, and the president wants that number up to 100%. To meet his goal by 2035, a workforce will be needed-and fast! A new report says 910,000 workers are needed in Read more…
The equivalent investment in the US would be $2-3 Billion. It’s a step we need to continue to take. Are you ready? Can we help? Power Prices Go Negative in Germany, a Positive for Energy Users Germany has spent $200 billion over the past two decades to promote cleaner sources Read more…