Morris Beschloss: The Beschloss Perspective

What does the global oil stage look like moving forward?

Murky future

Most energy analysts have been surprised by the recent price climb of West Texas Intermediate crude oil to more than $100 per barrel. Since U.S. demand, which reflects the domestically extracted “light crude,” traditionally generates its lowest prices in the winter months, historically annual prices dropped accordingly in 2013, during which prices averaged from the low to middle $90s.


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Looking into the future of fracking

Fracking spurs more than $1 trillion in capital spending.

Although hydraulic fracturing (fracking) has engendered the possibility of shale-produced oil and natural gas, vaulting the United States into the world’s No. 1 spot in fossil-fuel production (oil, coal, natural gas), prestigious financial weekly Barron’s now estimates up to $1 trillion in capital-goods spending will be generated to make this happen by 2025.


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Gaining momentum

Global U.S. refinery derivatives eye record-high levels.

This column often delves deep into all aspects of the United States’ energy revolution as it carves a path to practical independence in the next decade. But we seem to have been relatively isolated by other analysts who ignore the massive upward climb in refined derivative exports, which surged past 3 million barrels a day in 2013. That output is expected to reach an incredible 5 million barrels a day by the end of the decade.


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Accelerating energy boom cloaks flat-line U.S. industrial activity

To the rescue.

What is becoming increasingly clear is that the nation’s booming fossil-fuel energy activity is not only exceeding all recent records in this arena, but cloaking general industrial activity (manufacturing, mining, utilities) shortfalls at levels still well under the degree of industrial production and capacity utilization reached prior to the 2008-10 Great Recession.


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A pictorial look at Supply House Times' travels in the early part of 2015

Industry events are in full swing. Here’s a pictorial look at Supply House Times’ travels in the early part of 2015.

8/26/14 1:00 pm EST

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Supply House Times

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2015 March

SHT's February issue features cover story: Woman-owned American Precision Supply is an industrial PVF success story and the features: Women in Industry: 2015; Manufacturers enthused after record-breaking 2015 AHR Expo; Planning ahead at the ASA Winter Leadership Conference; and Green products abundant at Design & Construction Week 2015.
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