There is a consensus that the United States’ infrastructure, particularly roads, bridges and transit systems, need significant updates and investments, but who is going to pay for these improvements is becoming an increasingly debated issue. On June 10th, a group of Republican and Democratic Senators said that they are officially opened to consider changing the […]
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Earlier this week, JBS a global meatpacking company was the latest large corporation hit by a ransomware attack. According to an article in the Wall Street Journal, “The attack is the latest in a growing number to hit a range of businesses and institutions, including hospitals, the oil industry and local water suppliers. At JBS, the attack […]
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According to ACT Research, the average price for a Class 8 truck sold in April 2021 rose to $57,431, an all-time high. The increase in price is especially stark when compared to the pandemic-low of $38,242 a year earlier. What is causing these previously unseen price tags for 16+ ton trucks? A few grams of […]
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President Biden is expected to propose a $6 trillion budget that would have the highest consistent levels of federal spending since World War II. President Biden’s proposal looks to provide sweeping economic overhauls including large investments in education, transportation and combatting climate change. The proposal is also expected to call for total spending to rise […]
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One week from today, on June 1st starts the 2021 hurricane season which will run through November 30th. According to the National Oceanic and Atmospheric Administration, “NOAA’s Climate Prediction Center is predicting another above-normal Atlantic hurricane season. Forecasters predict a 60% chance of an above-normal season, a 30% chance of a near-normal season, and a […]
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As many of the global oil majors seek to transition to “global power majors,” many smaller oil companies are happy to gobble up the fossil fuel assets. The large oil companies sell assets to pay down debt and lower their carbon footprint, but the smaller companies are betting that these higher polluting projects are going […]
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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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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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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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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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