On March 12th, Pennsylvania’s Governor Tom Wolfe issued an Executive Order creating the Transportation Revenue Options Commission which was established to generate more funds to pay for the state’s road and bridge construction as well as maintenance needs.
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In a new analysis of its phase three trial in the United States, AstaZeneca has determined their COVID-19 vaccine to be 76% effective. This new data shows a three percent change from their initial report earlier this week stating their efficacy rate to be 79% effective against the coronavirus disease. AstraZeneca’s original filing came under […]
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On Tuesday, March 23rd, the giant container ship, the Ever Given, ran aground in the Suez Canal causing hundreds of ships to get stuck at both ends of the canal. The canal connects the Red Sea to the Mediterranean Sea and carries approximately 10% of global shipping traffic. The Suez Canal is vital for nearly […]
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Crude has been the underdog since Covid-19 broke onto the scene in early March of 2020. We have seen historic contango, negative trading, inventories at the verge of 100% capacity. However, we have also seen refineries curtailing production and shutting down, crude breaking technical level after level, OPEC + committing to decreased outputs, a Texas […]
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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 […]
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After a year of uncertainty and instability in the market created by COVID-19 and a global shutdown, we are starting to see signs of a return to normalcy. Over the past 8 weeks there has been a gradual decline in COVID-19 cases nationally. According to Bloomberg business, “retail gasoline sales rose last week to just […]
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Between November 2020 and January 2021, four natural gas pipelines were up and running in the United States. Those pipelines are:
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Last week, three ships carrying ethanol from the U.S. Gulf Coast were headed to China. Reuters confirmed, from multiple sources, that this is a sign that fuel exports were increasing from the U.S. to China. These ethanol shipments may be enough to surpass the total amount of ethanol exported from the U.S. to China in […]
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With COVID-19 still dominating the headlines, this time with vaccination news, it is easy to lose sight of other note worthy incidents that would typically make headlines surrounding the crude industry. According to the Wall Street Journal, Iranian oil tankers have been struck by the Israeli Army, which were headed towards Syria over the last […]
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Recruiting women in the trucking industry is not an easy task, however more and more trucking companies are focusing on hiring women to join their workforce. According to Ellen Voie, CEO of Women in Trucking, “Best practices show that more women in leadership roles in a trucking company will result in more women as drivers, […]
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