On Sunday May 20th Venezuela’s current president Nicolas Maduro won a new six-year term. However, controversy looms heavy over his election.
Read MoreVictory for Venezuela?
Twitter Fingers
The eyes of the world are once again gazing unto the “twitter-verse” as world leaders turn to the online news and social networking platform to discuss the Iran nuclear deal and OPEC.
Read MoreIS 50 MPG REALLY ATTAINABLE?
The Trump Administration has been making waves by publicly announcing a planned rollback of the Corporate Average Fuel Economy (CAFE) standards put in place by the Obama Administration. In 2011 the Obama Administration ruled that auto manufacturers had to begin producing vehicles with better fuel efficiency that achieved over 50 miles per gallon in an […]
Read MoreIs It Time To Get A CDL?
In today’s world, it is not uncommon for any one of us to order an item online and have it arrive at a store or our homes. We rarely stop to think about the logistics concerning the transportation of those goods throughout the country. There is a growing concern in the marketplace that the increase […]
Read MoreDrilling into new steel and aluminum tariffs
The Trump administration authorized tariffs that would impact the American energy industry. The plan allows for a 25 percent tariff on imported steel and 10 percent tariff on aluminum; however, Canada and Mexico are exempt at this time while the NAFTA agreement is negotiated. On Thursday, a statement was signed to move the process forward, […]
Read MorePause for the Cause?
As market participants digest a neutral to slightly bullish Weekly Petroleum Status Report, they must also make a calculated risk assessment of whether the 43.52% rally from last mid-summer lows is just a pause in the 179 day bull run OR has the worm finally turned and trade war fears, higher oil inventories, strong shale […]
Read MoreTrump Talks Trade
Last week President Donald Trump made statements regarding the implementation of tariffs on steel and aluminum imports that have stoked fear across the global economy. President Trump proposed a 25 percent tariff on steel and a 10 percent tariff on aluminum. @realDonaldTrump tweeted, “When a country (USA) is losing many billions of dollars on trade […]
Read MoreWill the Bulls Grow Tired Thanks to the U.S.?
Will news of the U.S. taking the crown as the world’s leading oil producer take the winds out of the bull’s sails?
Read MoreDriving Forces of the Dollar
As the US dollar continues to rise in value, commodity markets are taking notice. According to Thomson Reuters, the dollar continues to firm as minutes of the Federal Reserve’s January meeting indicated that voting members, as well as the wider group of policy makers, were more confident on the economic outlook, which is reflected as […]
Read MoreSAFETY AT THE PUMP
Safety is a critical concern when fueling at service stations. The NFPA did a study from 2004- 2008 of incidents that were reported from structure and vehicle fires. There were an estimated 5,000 fires reported per year with majority being vehicle fires. Though fuel pump accidents are rare, it is important to be informed of […]
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