Energy

Energy

Exxon to Boost Crude Output by Automating Permian Basin Rigs

Photo via Noushad Variyattiyakkal/ZUMAPRESS/Newscom

Two of the company’s rigs in the Permian Basin are now fully automated and it wants to automate as many as 15 by 2028, per Reuters.

2 min read

Photo illustration by Connor Lin / The Daily Upside

Inflation & Prices

Spiking Diesel Costs Drive Growing Number of American Family Farms to Bankrutpcy

America’s family farms, besieged by low crop prices and high interest rates, face financial ruin under the added strain of the US-Iran war.

6 min read
Photo via Doug Nicotera/ZUMAPRESS/Newscom

Energy

Vistra Earnings Offer Window Into Power Generation Ramp-Up for AI Data Centers

US power use is expected to keep notching record highs in 2026 and 2027, according to the Energy Information Administration.

1 min read
Photo via Base Power

Energy

Zach Dell (Yes, That Dell) Charges Up a $13 Billion Backyard Battery Startup

Base has installed more than 23,000 batteries and just debuted a new battery that can store more than a day’s worth of energy.

1 min read

Energy

Saudi Nuclear Deal Confusion Threatens Billions in Potential US Manufacturing Sales

Photo via Daniel Torok/White House/Newscom

Most likely to benefit is Westinghouse, whose AP1000 nuclear reactor, capable of powering small cities, is at the center of the deal.

1 min read

Consumer

Have Fuel, Will Travel: Airline, Cruise Stocks Gain Momentum with Iran Deal

Photo via IMAGO/Bernd Feil/M.i.S./IMAGO/MiS/Newscom

Earlier this month, the International Air Transport Association warned that global airline profits could dip by half this year.

2 min read

Energy

Oil Prices Slide amid Fresh Hope for US-Iran Peace Deal

Photo via Weston Hancock/ZUMAPRESS/Newscom

Oil prices may eventually reach $200 a barrel unless a supply crisis sparked by the Iran War is resolved, experts warn.

2 min read

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