The EIA published its Weekly Petroleum Status Report. Here are some highlights. All items are in millions of barrels per day except inventories, which is billions total. Dates are defined as week ending averages, except utilization rate which is a four week ending average. The full report can be found here. Item 1/4/19 12/28/18 Refinery…
December 18, 2018 BLS reports highest unintentional worker fatalities since 2008. Itasca, IL – The National Safety Council is disheartened to see a small rise in unintentional, preventable worker fatalities – 4,414 deaths in 2017 compared to 4,398 in 2016 – according to federal data released today. Notably, accidental drug overdoses increased, claiming 272 lives…
08 Jan 2019 Much has been written and debated regarding communicating cyber risk to boards and other key corporate decision makers. Conveying to a non-technical audience the criticality of cyber vulnerabilities in IT systems that support business functions can be a daunting task; but what if the systems don’t just support the business, what…
I have only been doing this series since Aug of 2018, but here are the numbers for the end of the year. Bottom line: we basically ended where the series started. But there are some headlines making the news and some trends here to take note of. In the figure above, crude oil production is…
7th Contract and Risk Management For Construction and Capital Projects Jan 8 - 9, 2019 Hotel ICON http://www.marcusevans-conferences-northamerican.com/marcusevans-conferences-event-details.asp?EventID=24902&SectorID=3&utm_source=media%20partner&utm_medium=Houston%20Energy%20Industry%20News-banners&utm_campaign=CHC970-Houston%20Energy%20Industry%20News#.XDHwKRB7nhf Use discount code: CHC970-HEIN for 20% off MIT Enterprise Forum of Texas Business Forecast Luncheon Jan 9, 2019 Federal Reserve Bank of Dallas, Houston Branch https://miteftexas.org/meetinginfo.php
Federal Reserve Chairman Powell hints on CNBC that the Fed will not be raising interest rates anytime soon. It appears that the key trigger for the Fed to raise interest rates is wage growth, which Powell appears to see as synonymous with inflation. Remember that historically, the Fed is obsessed with inflation and that traditional…
The EIA published its Weekly Petroleum Status Report. Here are some highlights. All items are in millions of barrels per day except inventories, which is billions total. Dates are defined as week ending averages, except utilization rate which is a four week ending average. The full report can be found here. Item 12/28/18 12/21/18 Refinery…
The independent Petroleum Association of America is sponsoring the Private Capital Conference. Here are the details: Date and Time Thu, January 24, 2019 8:30 AM – 6:00 PM Location JW Marriott Houston Galleria 5150 Westheimer Road Houston, TX 77056 Click on the image above to register.
Todd Bensman, Senior National Security Fellow at the Center for Immigration Studies states that Panama and Costa Rica are actively and purposefully sending immigrants from all over the world to the United States. Our nation is literally being invaded illegally and we must support the President to protect our homeland. Please click on the image…
Here is a video from SpectraSensors on measuring moisture in natural gas streams. Their technology is essentially absorption spectroscopy. What makes them different is that their instrument does not come into contact with the gas, because it is based on light technology. Thus, SpectraSensors states that the instrument does not need maintenance, nor calibration, nor…
