Google’s Quantum Leap: Bitcoin’s Security Remains Unshaken

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Google’s Quantum Leap: Bitcoin’s Security Remains Unshaken

  • December 11, 2024
  • Uncategorized

Google’s latest quantum computing breakthrough with the Willow chip, boasting an impressive 105 qubits, has sparked intense discussion about the potential vulnerabilities of cryptocurrencies like Bitcoin. However, leading experts are unanimous in their assessment: Bitcoin’s cryptographic foundations remain robust against quantum computing threats. Understanding the Quantum Computing Landscape The emergence of Google’s Willow chip represents

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Oversight Hearing Puts Spotlight on Biden’s LNG Pause 

  • December 10, 2024
  • News

The Department of Energy’s long-awaited study on LNG will be released in mid-December and kick off a 60-day public comment period, according to Brad Crabtree, Assistant Secretary of DOE’s Office of Energy for Fossil Energy and Carbon Management.  At a House Oversight recent hearing – Crabtree’s second appearance before the committee to discuss the LNG

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Ohio O&G Commission Approves More Fracking Under State Lands

  • December 10, 2024
  • News

Yesterday, the Ohio Oil and Gas Land Management Commission (OGLMC) voted to award a contract to Gulfport Energy to drill and frack under (not on) about 30 acres of the Egypt Valley Wildlife Area in Belmont County. Commissioners also voted to open an additional 884 acres of Salt Fork State Park in Guernsey County for…

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PA IFO Predicts Impact Tax Revenue to Drop 9% in 2024

  • December 10, 2024
  • News

Pennsylvania assesses an impact fee (PA’s version of a severance tax) on shale drillers, raising revenues that are paid to local municipalities and the black hole of Harrisburg politicians. Yesterday, the PA Independent Fiscal Office (IFO) issued an estimate for how much the impact fee will raise this year, which will be distributed next year….

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MACH2 Hydrogen Hub, Opposed by PA Green Groups, Crashing & Burning

  • December 10, 2024
  • News

In October 2024, the Bidenistas announced the Hydrogen Hub Hunger Games winners (see Hydrogen Hub Winners Announced – WV Takes Prize in M-U Region). Seven projects were selected from 33 finalists. Among the winners was the West Virginia-led Appalachian Regional Clean Hydrogen Hub (ARCH2), which is a project that will use Marcellus/Utica natural gas as…

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Huge Data Center Eyeing Site Near Harrisburg, Big Jobs & Tax Rev.

  • December 10, 2024
  • News

The Harrisburg Patriot-News is reporting a developer is seriously looking at a site in Cumberland County, PA, near the state capital of Harrisburg, to build a huge new “hyperscale data center complex” on 700 acres. Allow us to connect the dots for you. These data centers use an incredible amount of electricity. That electricity either…

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Details on Diversified Deal to Plug More Wells in WV, OH, PA

  • December 10, 2024
  • News

One month ago, we brought you the news that Diversified Energy and EQT Corporation had settled a class action lawsuit originally brought by several West Virginia landowners (see EQT, Diversified Settle WV Class Action Lawsuit re Old Wells). There is the money aspect of the lawsuit, a payout of up to $6.5 million (subject to…

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Methane Emissions Continue to Decline Across U.S. Oil & Gas Basins

  • December 10, 2024
  • News

Methane emissions from the country’s top oil and gas-producing basins have fallen 44 percent since 2011, according to data from the Environmental Protection Agency. This plunge in emissions comes even as the country has managed to shatter energy production records – the United States produced more crude oil than any nation at any time for

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