In 2024, U.S. crude oil production hit a record 13.4 million barrels per day, driven by advancements in fracking and horizontal drilling, positioning the U.S. as the world's largest oil producer, ahead of Saudi Arabia and Russia. Despite the push for renewable energy...
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South Korea Turns Nuclear, At What Cost?: South Korean Nuclear Weapons Would Fracture US Ties, Defense Chief Says
South Korea's potential move to develop nuclear weapons could severely disrupt its alliance with the U.S. and destabilize financial markets, as warned by Defense Minister Shin Wok-sik. Growing concerns about North Korea's nuclear capabilities and the uncertainty of...
White House Mounts Efforts to Prevent Iranian Missile Strikes
The Biden administration is working to prevent an escalation of violence between Iran and Israel, fearing that an Iranian attack on Israel may be imminent following recent military activities and provocations. U.S. officials are engaged in intense diplomacy to avoid...
Virginia utility considers small nuclear reactors
Virginia's largest utility, Dominion Energy, is exploring the use of small modular reactors (SMRs) to meet rising electricity demands and reduce greenhouse gas emissions, with a project potentially at the North Anna nuclear power plant site. Despite challenges like...
How the Signing of the ADVANCE Act Has Caused Stock Of Nuclear Energy Companies to Rise
The ADVANCE Act aims to reduce regulatory costs and incentivize investment in advanced nuclear reactor technologies, reshaping the nuclear energy landscape in the U.S. Major uranium producers, Cameco and Energy Fuels, are poised for gains with rising stock prices and...