ENERGY

Authored by Ross Pomeroy via The Epoch Times (emphasis ours),

In 1968, the movie 2001: A Space Odyssey depicted that in 2001, we’d have crewed spacecraft that can venture to Jupiter and supercomputers with artificial general intelligence. These predictions didn’t come true. In 1982, Blade Runner showcased a dystopic 2019 Earth with flying cars, advanced holographic technologies, and AI replicants nearly indistinguishable from humans. Those forecasts missed the mark. Seven years (more…)

Authored by Tsvetana Paraskova via OilPrice.com,

The UK could need up to $63 billion of investment in the power distribution network nationally to support additional demand and generation through 2050, double the current pace of additional investment, said the National Infrastructure Commission, the government’s independent infra (more…)

Oil prices in New York steadied this morning after starting the session at its lowest opening price in two months as a souring economic outlook threatened prospects for energy demand and spurred investors to shun riskier assets.

A poor reading of US consumer confidence fanned concerns over the impact of President Donald Trump’s tariffs. Plans for Ukrainian President Volodymyr Zelenskiy to meet with Trump in Washington raised the prospect that Moscow’s crude may again flow (more…)