As a consumer, we tend to believe that companies will prioritize their profits over everything else, and a higher price point means they are making more money. While that might be true in some industries, oil and gas companies are feeling a negative impact on rising oil prices across the globe. Multiple factors come into […]
Read More
Hurricane Nicholas made landfall early Tuesday along the Texas coast and has since moved east threatening to bring more rainfall to parts of the Gulf Coast recently ravaged by Hurricane Ida. Residents of the southern coast of Texas experienced heavy rain totals, but as Nicholas moved up the gulf coast it was downgraded to a […]
Read More
Today marks the sixth day in a row that the world’s third busiest container port remains partially closed. China’s Ningbo-Zhoushan container port shut down their Meishan terminal last Wednesday after one of their employees tested positive for COVID-19. Ningbo authorities stated that the port worker was believed to be fully vaccinated but received an inactivated […]
Read More
As the country struggles with shortages of goods, jet fuel is no exception. Throughout the coronavirus pandemic the demand for jet fuel fell sharply across the country. According to the U.S. Energy Information Administration, jet fuel supplied in the U.S. in 2020 fell 38% compared to 2019 pre-pandemic levels. Jet fuel demand has increased about […]
Read More
A potential tropical cyclone has been forming in the Gulf of Mexico over the past few days and it’s anticipated to make landfall Friday night and into the weekend. The potential tropical cyclone is located about 255 miles south of Morgan City Louisiana as of 7:00 a.m. Friday morning. The storms winds were recorded at […]
Read More
Last week, meetings were held at the White House with key Democratic and Republican senators discussing President Biden’s American Jobs Plan. President Biden has made it known that he is willing to narrow the scope of the bill, which is currently slated as a massive $2.3 trillion dollar proposal. By narrowing the scope of this […]
Read More
Toll roads are nothing new to the American public. The inception of road tolling came about in the early 1900s when there was a need to generate revenue to build and maintain roadways. Toll roads today still exist to generate revenue, but they have grown far more complex.
Read More
Senator Todd Young of Indiana is leading a group of legislators in unveiling a new program to enable truck drivers under the age of 21 to cross state lines, which is currently prohibited. The DRIVE-Safe Act, (Developing Responsible Individuals for a Vibrant Economy) aims to enhance safety training and includes an apprentice program that allows […]
Read More
Yesterday morning, U.K. Prime Minister Boris Johnson imposed a 6-week lockdown in England due to a surge in Covid-19 infections. Lockdown measures are like ones imposed last spring and include the closures of secondary and primary schools. CNN reported, people will be allowed to leave their homes for limited reasons like shopping for essentials, exercise […]
Read More
With the impending release of Covid-19 vaccinations, there is much debate among the aviation industry and what requirements should be mandated when it comes to international travel. Airports Council International (ACI), a non-profit organization that represents the worlds airports, has joined many airlines in calling for a choice between testing or vaccination, fearing a blanket […]
Read More
