Steel plate prices playing catch-up to hot-rolled sheet in US
The US hot-rolled coil (HRC) and cut-to-length steel plate markets are currently sitting in a very unusual position due to developments since mid-year.
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Mexico’s emerging ethanol industry has been a hot topic for US ethanol producers and exporters over 2016, as draft legislation in the country put it front and center in a growing discussion about global ethanol markets.
Amount of natural gas in storage reaches new record
(Wed, 16 Nov 2016) Working natural gas in storage reached a record high of 4,017 billion cubic feet (Bcf) as of November 4, according to EIAâs latest Weekly Natural Gas Storage Report. Inventories have been relatively high throughout the year, surpassing previous five-year highs in 48 of the past 52 weeks.
What is the container market landscape going to be in 2017?
S&P Global Platts senior editor, Andrew Scorer, waxes lyrical about the global container market ahead of our Mediterranean Bunker Fuel Conference.
Gauging the Trump effect on global commodities
Since the victory of US President-elect Donald Trump last week, businesses and governments have been working overtime to try to discern exactly what his presidency might mean for a range of important policy areas.
U.S. oil drilling increasingly focused in Permian Basin
(Tue, 15 Nov 2016) U.S. drilling activity is increasingly concentrated in the Permian Basin, which spans parts of western Texas and southeastern New Mexico. The Permian now holds nearly as many active oil rigs as the rest of the United States combined, including both onshore and offshore rigs, and it is the only region in EIAâs <em>Drilling Productivity Report</em> where crude oil production is expected to increase for the third consecutive month.
China’s approach to global markets is one to follow: Fuel for Thought
Reflecting on the state of the world in Singapore a few weeks ago, Fatih Birol, the executive director of the International Energy Agency, offered praise for how well China has managed its ascendancy up the oil demand table.
Microchannel gas-to-liquid plants convert stranded natural gas to marketable products
(Mon, 14 Nov 2016) The first microchannel gas-to-liquid (GTL) plant in the United States was completed in September. The new plant, built by ENVIA Energy, is located in Oklahoma and is expected to begin converting landfill gas into liquid petroleum products later this year.
What’s ahead for the energy railway industry after crude by rail went bust?
“Maybe we’ll talk about shipping water by rail at the next Railway Age gathering in 2017,” is what several delegates said at the Energy by Rail conference in Arlington, Virginia in October.
In 2015, U.S. coal production, consumption, and employment fell by more than 10%
(Thu, 10 Nov 2016) U.S. coal production dropped by more than 10% in 2015 to 897 million short tons (MMst), the lowest production level since 1986. Production in all three major coal-producing regions (the Appalachian, the Interior, and the Western) declined, as consumption of coal for electric power generation, industrial, and other uses fell by 13% to 798 MMst in 2015.