Climate change is not only a hot topic in the U.S., but also a growing concern of major corporations all over the world. Many large corporations are beginning to sink massive amounts of capital into programs and companies to eliminate fossil fuels and ride a wave of clean energy and renewables into the future. Even the […]
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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.
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2020 saw demand destruction caused by the pandemic, in particular, Canada saw a decrease of 20 percent in crude oil imports. During 2020, the United States solidified themselves as a top supplier to Canada as they supplied nearly 80 percent of all barrels going into Canada. While Canada is a major producer of crude, they export […]
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Over the past year, China has ramped up its energy production and committed to becoming a net-zero emission economy by 2060. While China has led all nations with renewable energy production, at the same time has increased coal production and offset the retirements in coal capacity from the rest of the world. The increase in […]
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Facebook announced it will convert part of its Menlo Park, California headquarters into a vaccination clinic for under-served communities.
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Last week, several world powers convened in Vienna, Austria to revive the 2015 Iran nuclear deal. Senior officials from the governments of Iran, United States, France, United Kingdom, Germany, Russia, China, and the European Union aim to determine the next steps the United States and Iran need to take to get back into compliance. The […]
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GM is now the latest in a long line of auto makers announcing production stoppages due to chip shortages.
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Over the last year, there has been a significant decline in cars on the roads. Many would think there would be fewer crashes and fatalities, however that is not the case. Since the start of the pandemic, roads and highways have only become more dangerous. Even with fewer vehicles on the roads and highways, many […]
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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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Now that the Ever Given has been dislodged from the Suez Canal, the oil market can look forward to the OPEC+ meeting on Thursday and the outlook for possible resurgences of COVID-19 to determine future price direction.
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