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Reason Behind the Rise in Steel Prices
The global steel market has weakened over the past months as the COVID-19 lockdowns in parts of China, the conflict between Ukraine and Russia, and spiraling inflation heightened the demand outlook un
IPTC and The World Of Oil
The new decade is already getting the ball rolling for the global Oil Industry. On January 13th through the 15th, The International Petroleum Technology Conference (IPTC) is holding its twelfth annual
What You Need To Know About The Saudi Oil Attacks
What Happened Over The Weekend? This image provided on Sunday, Sept. 15, 2019, by the U.S. government and DigitalGlobe and annotated by the source, shows damage to the infrastructure at Saudi Aramco’s
Shale Is The New Black; Relief for Permian Bottleneck?
Hilcorp Energy Acquisition Jeffery Hildebrand recently announced (A Houston, TX Native I might add) his company Hilcorp Energy Co. is acquiring an assortment of older Alaskan wells and pipelines from
Tropical Storm Barry And How It Affects Oil & Gas
Last Friday, July 12th, we all were very concerned for all our friends out in the Gulf and for all of those in the direct path of “Tropical-Briefly Hurricane-Storm Barry”. While we are still praying f
The Rising US-Iranian Conflict: Timeline & Possible Effects
It is important to explain the events leading up to the current US-Iranian tension, as well as what that tension could mean for the future. There is no great segue into this, so without further ado… L
Chevron VS. Occidental Petroleum Merger
Locally speaking, there has been a bit of a bidding war over the Anadarko Petroleum merger between Chevron and a relatively “small” oil company called Occidental Petroleum. To put it into perspective,
What You Need To Know – Rare Earth Metals In Danger?
In 2017, the US opened investigation into Chinese trade policies. As a result, the US imposed tariffs on billions of dollars’ worth of Chinese products last year. This action that garnered a comparabl
Bring In The Bulls! Crude Oil Prices On The Rise
Let’s get out of our comfort zone and talk about the US Economy for a moment. Now that we have some data, the United States GDP annual growth rate has been confirmed at 2.9%. With that being said, the
Underestimated Growth In US Oil Production
In January we talked about the record high United States oil production reached in 2018. Now, we are a few months into the new year, and the U.S. shows little to no sign of slowing… Predictions Based
USA Energy Independence?
Near the End of 2018 United States Oil and Natural Gas Production reached a record High, 11.54 million barrels per day, not seen since the 70’s, and doesn’t appear to show signs of decline moving towa
Industry Update – October 2016
Boltex and Weldbend Corporation Applaud ITC Preliminary Injury Decision on Unfairly Traded Imports Houston, TX and Argo, IL, August 12, 2016 – Today Boltex Manufacturing Co., L.P. (“Boltex”) and Weldb
