Morris Beschloss: The Beschloss Perspective

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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Why 2014 has the makings of a banner U.S. economic year

All systems go.

While the 2014 economic year is in its infancy, there are a number of positive factors indicating the current year will be the strongest comeback year since the end of the recent Great Recession and have the makeup of strong diversified economic elements.

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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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The 2014 economic forecast still is convalescent

On the mend.

In the wake of the arm wrestling between President Obama and Senate Majority Leader Harry Reid on one hand and House Speaker John Boehner and the GOP on the other, this exaggerated government “shutdown crisis” will have little, if any influence on the 2014 U.S. economy.

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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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U.S. returns to 2014 economic global growth leader

Back on top.

 For most of the past decade, the well-being of the global economy, especially in the wake of the Great Recession, has been expected due to the presence of the BRICS nations of Brazil, Russia, India, China and lately South Africa. 

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Concern grows over shrinking wholesale inventories

What’s the cause?

 According to the latest statistics relating to the nation’s wholesale inventory values, there has been a notable shrinkage in the amount and value of stock retained by this critical factor in the United States’ distribution channel, considered the outstanding network of its kind anywhere in the world. 

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Will infrastructure networks catch up with rebounding U.S. economy?

Get with the times.

For a nation that carries the greatest net worth ever generated by a historically dominant economic entity, the United States’ dilapidated overall infrastructure comes close to resembling that of second-tier countries struggling to catch up with the 21st century by leapfrogging the 20th. 

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Gaining momentum with the U.S. independent distribution network

America’s independent distribution network key to world-leading GDP.

America’s amazing outburst as the potential global energy leader already is becoming the surprising success story in an otherwise drab economic scenario.  

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Oil/natural gas bonanza looks unstoppable despite continued environmental opposition

The oil/natural gas boom is an industrial juggernaut.
Based on reliable reports from knowledgeable observers, the oil/natural gas boom continues to expand and will not be severely inhibited in the indeterminate future.
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BNP Media's Plumbing Group Visits Grundfos North American Headquarters

BNP Media’s Plumbing Group, comprised of the Plumbing & Mechanical, Supply House Times, PM Engineer (pme) and Reeves Journal brands, recently visited Grundfos’ new North American headquarters building in the western Chicago suburb of Downers Grove, Ill.

8/26/14 1:00 pm EST

Free Webinar: Low Temperature Heat Emitter Options in Hydronic Systems

With proper design, you can create systems that require supply water temperatures no higher than 120° F under design load conditions.

Supply House Times


2014 January

SHT's packed January issue incdues the cover story: M&L Supply is rich in heritage and customer service; features:  Industry optimism continues to rise heading into the 2015 AHR Expo, and Distributors discuss top industry issues: Part 2; and so much more!


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The information SUPPLY HOUSE TIMES uses to rank the Premier 125 is the most accurate we can gather. It is primarily based on responses to a questionnaire we send to the wholesalers in our database, supplemented with information obtained from industry reports and estimates.