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Panama Canal Congestion Drives Gas Tankers to Unusual Routes

Growing congestion at the Panama Canal is forcing some gas tankers into unusual journeys, from a rare detour around South America to the possible emergence of shuttling through the waterway.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Indiana power provider proposes $59 million rate cut for state, says data centers and other large customers are driving increased revenue — move could potentially save residential users $100 annually

I&M, which serves part of Indiana, says that it plans to cut electricity prices for the state, resulting in savings of about $59 million for residential users. This translates to about $100 a year for each home, with the savings coming from increased revenue from larger consumers like data centers.

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