Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Fort Stockton"


3 mentions found


Oil prices held firm Thursday as stockpiles in the U.S. fell for a second week and inflation eased. U.S. crude stockpiles declined by 2.5 million barrels last week as refiners processed more crude in a sign that demand might be perking up. With inflation easing slightly in April, futures traders penciled in a higher probability that the Federal Reserve might cut interest rates in September. Lower interest rates help stimulate the economy which can boost crude oil demand. Here are today's energy prices:
Persons: Brent Organizations: Federal Reserve, West Texas Intermediate Locations: Fort Stockton , Texas, U.S
Now, those arid ranch lands are offering a new moneymaking opportunity: data centers. Lancium, an energy and data center management firm setting up shop in Fort Stockton and Abilene, is one of many companies around the country betting that building data centers close to generating sites will allow them to tap into underused clean power. In the past, companies built data centers close to internet users, to better meet consumer requests, like streaming a show on Netflix or playing a video game hosted in the cloud. But the growth of artificial intelligence requires huge data centers to train the evolving large-language models, making proximity to users less necessary. But as more of these sites start to pop up across the United States, there are new questions on whether they can meet the demand while still operating sustainably.
Persons: , Ali Fenn Organizations: Netflix Locations: West Texas, Fort Stockton and Abilene, United States
The US military recently landed a MQ-9 Reaper drone on a dirt strip for the first time. An Air Force official hailed the exercise as an opportunity to break away from traditional runways. A US Air Force MQ-9 Reaper conducts the first ever MQ-9 Reaper landing on a dirt landing zone during a training exercise near Fort Stockton, Texas, June 15, 2023. For the Air Force, that means learning how to fight from austere locations that provide increased survivability and flexibility. In doing so, a travel pod was attached to the Reaper so it could resupply soldiers who were waiting at the dirt landing zone.
Persons: , Brian Flanigan, Flanigan, Sgt, Cody H, Ramirez, David Payne , Organizations: An Air Force, Service, US Air Force, Air Force Special Operations Command, Air Force, Air Force Reserve Command, AFSOC, Special Operations Squadron, Commando, 2nd Special Operations Squadron, The Air Force Locations: Fort Stockton, Texas, Fort Stockton , Texas, Wyoming, Rawlins , Wyoming
Total: 3