When news of how potentially devastating COVID-19 could be started spreading in February 2020, oil prices were at $53/barrel. This was prior to the OPEC+ price war between Russia and Saudi Arabia that occurred in March and resulted in Saudi Arabia drastically increasing oil production after Russia refused to reduce output. We all know that […]
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In an effort to help speed up vaccine distribution, Walmart, Starbucks, Amazon, and Microsoft are all working to help get COVID-19 vaccinations out to the public. Working alongside President Biden, their goal is to administer 100 million vaccines in the first 100 days of his administration. Recent results show that even though 39 million doses […]
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Imagine what can happen in 100 days. It’s not uncommon for employers to have a 90-day probationary period for new employees. In this time, employers use it to judge the performance of employees. The presidency is no different. It was not until the 32nd president, Franklin D. Roosevelt took office that the first 100 days […]
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Documents obtained by Canadian media outlet CBC have shown that President-elect Joe Biden will sign an executive order to revoke the permit for the Keystone XL Pipeline on Wednesday, his inauguration day. Although, according to the LA Times, “Biden spokesman Andrew Bates said the transition team had no comment on the pipeline.” The Keystone XL […]
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As President Trump’s term comes to an end, the administration continues to tighten restrictions on Chinese companies as the U.S. Department of Commerce blacklisted CNOOC (China National Offshore Oil Corporation) on Thursday. CNOOC was blacklisted for helping China intimidate neighbors in the South China Sea which threatened U.S. national security. The Department of Commerce stated, […]
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The COVID-19 pandemic certainly changed 2020, the trucking industry is no exception. Over the past 10 months, commercial fleets have shifted gears in the way they are communicating to stay connected in a socially distant world.
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Many investors are awaiting the OPEC+ decision on whether they plan to increase oil production even as the Covid-19 virus brings fear of another spike in cases.
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Oil prices are edging slightly higher today on very light holiday trading volume, but the question is: have prices risen too far too fast?
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The National Tank Truck Carriers (NTTC) recently teamed up with other trucking leaders to discuss concerns of the Biden-Harris U.S. Department of Transportation (DOT) team. The virtual meeting included Presidents and CEO’s of trucking federations across the United States.
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When ‘Safer at Home’ orders were in effect when COVID-19 first became widespread in the United States, we were approaching the Spring Solstice. While we still had winter weather among some regions, our daylight hours were getting longer. As the cases of COVID-19 are increasing, our daylight hours are unfortunately decreasing.
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