This past Thursday, Congress once again postponed the vote for the $1 trillion bi-partisan infrastructure bill. This investment over the next 10 years will plan to rebuild bridges, roads, Power Grid’s, along with water and energy systems. This 2,700-page bill which was passed this summer has been postponed by House progressives who are focused more […]
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We started to experience supply chain issues earlier in the pandemic related to shortages in semi-conductors and consumer packaged goods. Those persist, but now Europe is really starting to feel the pinch on shortages of energy and subsequently are paying for it.
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In some of our previous blog post’s we’ve discussed the driver shortage and how it is affecting the fuel industry. In the fuel industry alone, it is hard to find drivers with the proper requirements and hazmat endorsements. This is causing drivers who are qualified to ask for competitive wages, which is causing freight rates […]
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The Western African Nation of Ghana is seeking to move into oil and gas development by asking for a loan of 1.7-billion-dollars to purchase assets and to accelerate production in the region.
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Oil prices have reached a 6 year high following the end of discussion between OPEC and other nations known for oil production. They reached a conclusion that there will not be an increase of 400,000 barrels per day. Failure to reach an agreement is based off of a split in OPEC between the United Arab […]
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As the cold weather moves behind us, it brings a new season and a new list of challenges, hurricane season 2021. Last year still holds the title of a record 30 named storms that stopped 90% of the 1.9 million barrels per day of refineries near coastal waters. 2021 does not forecast to be as […]
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The narrative of the pre pandemic day’s is still the same regarding the trucking industry and being short on drivers. Many businesses and consumers are affected by the shortage making delayed deliveries the norm for many Americans. With an estimated 61,000 drivers short at the end of 2019, it goes without saying that COVID-19 in […]
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For the past month, the big talk has been about President Biden’s $2 trillion infrastructure plan. Of this, $621 billion will go into transportation infrastructure such as bridges, roads, and public transit. Another $300 billion will go into building affordable housing along with building and upgrading schools. This will bring an extensive amount of work […]
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