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The market is telling the hyperscalers it's happy about a slower data center buildout

Perhaps the clearest takeaway from Tuesday's US midterms is that data centers are unpopular. After a short-lived construction boom, they provide little ongoing employment and drive up local energy costs. There were 41 local votes on data center curbs and 40 of them are on track to win, with margins in the 75/25% range. Microsoft and Amazon are heavily into the data center business, including huge…

CommodityOilPrice.com

Polar Vortex Puts Europe's Gas Reserves at Risk

The European Center for Medium-Range Weather Forecasts shows signs of an early disruption of the Arctic polar vortex that could send cold air into Northwest Europe as the energy-stricken continent faces a very thin supply buffer before the Northern Hemisphere winter gathers pace. We are officially in uncharted territory. The Polar Vortex is currently the weakest it’s ever been for the date and is…

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