Residential electricity prices have surged nearly 30% since 2021, with utility bills now exceeding gasoline as a political flashpoint. The AI-driven data center boom and natural gas export demand are driving unprecedented rate increases across the United States.

The IEA warns that surging electricity demand, driven by data centers, artificial intelligence, and electrification, is outpacing infrastructure development globally. Investment in data centers is expected to reach $580 billion this year, exceeding oil supply investments for the first time.

The IEA's latest World Energy Outlook forecasts oil and coal demand will peak by 2030 under current policies, driven by renewable energy expansion and transport electrification. However, a reinstated policy scenario suggests fossil fuel consumption could rise 13% by 2050 if climate commitments falter.

Russian oil and gas revenues dropped significantly in October 2025, falling 27% year-over-year to 888.6 billion rubles as new US sanctions target major energy companies. The decline reflects mounting fiscal pressure on Moscow's wartime economy amid weakening crude prices and tightening restrictions.

Ukrainian and Russian forces are increasingly deploying medium-range drones with 100-200 kilometer reach to target energy infrastructure and logistics beyond traditional front-line zones. The tactical shift reflects adaptation to expanded 'kill zones' as both sides relocate critical energy assets farther from immediate combat areas.

An underground coal mine fire that began in 1962 continues to burn beneath Centralia, Pennsylvania, forcing government evacuations and reducing the once-thriving mining town from over 1,000 residents to just five. Officials estimate the fire will burn for another century, creating ongoing hazards and toxic emissions.

General Motors executives outline strategic approach to domestic critical minerals supply chain development, highlighting infrastructure and scaling challenges. The company has invested over $60 billion since 2020 in partnerships spanning rare earth mining to semiconductor manufacturing.

Google unveiled Project Suncatcher, an ambitious plan to deploy satellite-based data centers powered by solar energy in space. The company aims to launch two prototype satellites in early 2027 equipped with custom AI processing units.

Denver-based oil producers SM Energy and Civitas are combining in a $12.8 billion all-stock transaction, marking the largest upstream merger in recent months. The deal creates a scaled Permian Basin operator with enhanced drilling inventory and operational synergies across premium US shale assets.