Crude correlations about crude oil can shed light on changes
A high degree of correlation between various regional and global crude oil crude benchmarks can show how relationships have changed over the past year.
Global crude oil balances expected to tighten through 2018
(Wed, 25 Jan 2017) EIA estimates that crude oil and other liquids inventories grew by 2.0 million barrels per day (b/d) in the fourth quarter of 2016, driven by an increase in production and a significant, but seasonal, drop in consumption. Global production and consumption are both projected to increase through 2018, but consumption is expected to increase at a faster rate than production. As a result, global balances are expected to tighten.
Roads, Rails and Bridges: What Does Your Town Need Most?
Tell us about an infrastructure project where you live that needs immediate attention, and share a photo.
Poking the dragon could scar the agriculture sector
By poking the sleeping Chinese dragon US President Donald Trump may wake something that could be difficult to deal with later at the negotiating table.
Trump trade policy: China speaks softly and carries a bigly stick
We consider commodity prices during President Barack Obama's tenure and will track how they change during President Donald Trump's time in office.
Senate Democrats to Unveil $1 Trillion Infrastructure Plan
Senate Democrats will unveil a $1 trillion plan to rebuild the nation’s roads, bridges, tunnels and rails, daring President Trump to join them.
With low oil prices in 2016, federal revenues from energy on federal lands again declined
(Tue, 24 Jan 2017) In fiscal year (FY) 2016, the U.S. government collected almost $6 billion in revenues from royalties, rental costs, and other fees from activities related to energy production on federal and American Indian lands, according to the Department of Interiorâs Office of Natural Resource Revenue. These activities include the production of coal, oil, natural gas, and hydrocarbon gas liquids (HGLs) as well as, more recently, renewables.
Union Leaders Meet With Trump, Construction on Their Minds
President Trump reiterated his interest in directing hundreds of billions of dollars, some of it in federal funds, to infrastructure investments, union officials said.
Can the abandoned smaller TEU vessels become the workhorse for the customer focused container market?
The world is becoming an ever smaller place and the ability to conduct business with the most competitive companies globally is paramount for survival. What next for the smaller TEU fleet?
Natural gas prices in 2017 and 2018 are expected to be higher than last year
(Mon, 23 Jan 2017) In its January 2017 <em>Short-Term Energy Outlook</em> (STEO), EIA expects the Henry Hub natural gas spot price to average $3.55 per million British thermal units (MMBtu) in 2017 and $3.73/MMBtu in 2018, both higher than the 2016 average of $2.51/MMBtu. Higher prices in 2017 and 2018 reflect natural gas consumption and exports exceeding supply and imports, leading to lower average inventory levels.