With oil prices hitting 7-year highs just a month ago, world leaders including U.S. President Joe Biden are considering a strategic release of petroleum reserves as a reprieve to high prices and inflationary pressures. Does this really mean oil prices have topped?
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As our global economy recovers from the pandemic, energy prices increase as we continue to see inflation throughout the world. Two things that can affect whether prices at the gas pumps continue to increase are OPEC+ and U.S. shale outputs. With people resuming road and air travel, the global oil demand has almost rebounded to […]
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After two weeks in Glasgow, Scotland, the COP26 has concluded with over 200 countries signing the Glasgow Climate Pact. The final decision on how the world plans to handle fossil fuels came down to last minute dropped wording calling for the “phase out” of coal-fired power, replacing it with “phase down”. Defenders of the word […]
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Earlier this week, over 700 women and men attended Accelerate! Conference and Expo by Women in Trucking. The conference took place over three days in Dallas, Texas with some of the top women leaders in the transportation industry. The Women in Trucking Association is a non-profit organization with a mission encouraging the employment of women […]
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Energy is an industry that is talked about by many, but truly only understood by few. Whether we discuss emissions, ESG, tightening supply, carbon footprints/off-sets, or record high prices that hammer working class Americans, the simple, most efficient, and cleanest answer has all along been MORE PIPELINES! Under the Biden Administration, the Keystone XL pipeline […]
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The trucking industry has remained resilient throughout the pandemic, but one of the main issues that is constantly making headlines is the shortage of drivers. On November 5th a $1 trillion infrastructure package that includes reworking roads, bridges and a program that will bring younger drivers into the trucking industry was approved. The Developing Responsible […]
Read MoreThe Biden administration is implementing a vaccine mandate or weekly testing for businesses with at least 100 employees starting January 4, 2022. With the trucking industry and Republican lawmakers warning that the vaccine and testing mandates could further hamper the delivery of goods. The Biden administration excluded single cab truck drivers from this mandate, pushing […]
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OPEC+ concluded their meeting on Thursday with a continuation of their current schedule of adding 400,000 barrels per day (bpd) next month, dealing a blow to major oil-importing nations that hoped they would open the spigots. The cartel disregarded pressure from high-consuming nations who wanted to halt the oil price rally over fears of slowing […]
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As the U.S. announced it will allow vaccinated foreign travelers to enter the country starting on November 8, travel sites started seeing an excess of bookings. Expedia is reporting over a 20 percent increase in searches for U.S. hotels from both the U.K. and France. Holiday travel for 2021 seems to be trending back […]
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