According to CNBC and Rueters, the dispute between the Lederne Drilling Union and the Norwegian Oil and Gas Association began when talks collapsed on Sept. 30, which prompting production outages from Oct. 5.
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The oil complex is trading much higher this morning due to a flurry of bullish headlines: increased chances of a federal stimulus package, weaker dollar, oil strikes in Norway, and the development of Tropical Storm Delta.
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Earlier this week was the start of the new HOS (Hours-of-Service) rules for truck drivers across the United States. The four main changes that took place to the HOS rules, which are intended to provide more flexibility according to FleetOwner.com:
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Last night marked the first presidential debate of 2020, and it was interesting to say the least. 69% of people in a CBS poll said they were “annoyed with the event”. During the debate both candidates threw insults and repeatedly interrupted each other while Chris Wallace tried to control the conversation.
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President Trump announced last week that he will be issuing a Presidential Permit for a freight railway project that will run from Alberta, Canada to Alaska, called A2A Railway. The project will cost $22 billion and will transport a variety of commodities such as oil and iron ore, as well as other container goods. The […]
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On September 23rd California Governor, Gavin Newsom issued an executive order requiring the sales of all new passenger vehicles to be zero-emission by 2035. According to Yahoo, ”As an announcement from the California governor’s office indicates, the transportation sector is responsible for more than half of all of California’s carbon pollution, 80% of smog-forming pollution […]
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As the world looks to become greener, the travel industry continues to look for alternative fuel sources. This week, Airbus unveiled their new concept for hydrogen powered commercial airliners, which would be the world’s first zero emission commercial aircraft. They released three visual concepts that they hope to have in use by 2035. The three […]
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Johnson & Johnson has made one more step closer towards a vaccine to fight off the coronavirus. Even though they may be a couple months behind the other companies that have already made it to phase 3 trials, their new vaccine has possibly more advantages over the others.
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Several storm systems have formed in the Atlantic, including Hurricane Teddy, Tropical Storm Beta and a new tropical system developing over South Florida.
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Climate change continues to be a hot topic in both the US and the world over. You can’t discuss climate change without the terms greenhouse gasses (GHG’s) and fossil fuels. In one hand you have fossil fuels and greenhouse gasses, and in the other you have renewables. Energy and transportation are two leading causes of […]
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