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AI Turbocharges US Hunt for Minerals, Fossil Fuels by Ian M. Stevenson, Hannah Northey

William Attardi on June 6, 2025

Federal agencies and oil companies are using artificial intelligence to map mineral deposits and assess drilling and mining opportunities. Just as fracking opened up new deposits of oil and gas, AI is turbocharging the hunt for fossil fuels and minerals, helping energy companies quickly map and find new areas to drill and mine. The fast-moving technology can speed through massive datasets used in the energy industry much quicker than earlier methods, potentially allowing for faster examinations of new areas and quicker build-outs of new wells, experts told POLITICO’s E&E News. AI is also super-charging the mapping of the United States’ mineral resources — from the arid West to ocean bottoms — not to mention geothermal and environmental monitoring. AI turbocharges US hunt for minerals,fossil fuels – E&E News by POLITICO

US, Saudi Arabia Agree on Energy & Critical Mineral Deals

William Attardi on May 19, 2025

The MOU also highlights the intent to collaborate in various fields including petroleum refining and refined products trading, electricity generation technologies and energy storage systems, and artificial intelligence projects to accelerate deployment of energy-driven innovations. The two sides also outlined areas for cooperation on civil nuclear energy, including safety, security, and nonproliferation programs; vocational training and workforce development; U.S. Generation III+ advanced large reactor technologies and small modular reactors; uranium exploration, mining, and milling; and safe and secure nuclear waste disposal.  The signings coincided with President Trump’s announcement that he secured a $600 billion investment commitment from Saudi Arabia.  US, Saudi Arabia Agree on Energy & Critical Mineral Deals – electrifiED

 

What Are Stablecoins and How Do They Work?

Stablecoins are less volatile than other cryptocurrencies (like Bitcoin) and due to crypto assets’ inherent instability, stablecoins are growing in popularity with both crypto and traditional markets. Stablecoins are a type of crypto asset, but one that offers a way to bridge the gap between fiat currencies like the U.S. dollar and cryptocurrencies. Because they are price-stable digital assets that behave like fiat but maintain the mobility and utility of cryptocurrency, stablecoins are a novel solution to crypto volatility: price stability is built directly into the assets themselves.  There are four primary stablecoin types, identifiable by their underlying collateral structure: fiat-backed, crypto-backed, commodity-backed, and algorithmic stablecoins.  What Are Stablecoins and How Do They Work? | Gemini