Morris R. Beschloss

Veteran industry analyst and writer Morris R. Beschloss is the industrial PVF columnist for Supply House Times and the American Supply Association’s industry analyst. Beschloss, whose career in the industrial pipe, valve and fittings sector spans more than five decades, was the recipient of the 2012 ASA Fred V. Keenan Lifetime Achievement Award.

ARTICLES

U.S. shale boom calms global oil prices, retains availability

The stabilizer.
By Morris R. Beschloss
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Building the trans-Canada XL oil pipeline obviously would accelerate Canadian crude shipments to U.S. Gulf Coast refineries.


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Manufacturing improvement leads U.S. economy’s forward motion

All systems go.
By Morris R. Beschloss
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The Federal Reserve’s “Beige Book,” which describes economic conditions throughout the central bank’s 12 districts, summarizes the overall outlook as “modest to moderate.”


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Promising fossil-fuel forecast issued

Painting a bright picture.
By Morris R. Beschloss
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The startup of the new Cushing market link pipeline to the Gulf Coast, as well as strong Midwest refining runs helped reduce oversized oil inventories at the Cushing, Okla., storage hub to the lowest level in two years.


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What does the global oil stage look like moving forward?

Murky future
By Morris R. Beschloss
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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.
By Morris R. Beschloss
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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.
By Morris R. Beschloss
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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.
By Morris R. Beschloss
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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.
By Morris R. Beschloss
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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.
By Morris R. Beschloss
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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.
By Morris R. Beschloss
No Comments

 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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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.

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Supply House Times

July 2014

2014 July

In the July issue of Supply House Times, find out who has been appointed as Southern Wholesalers Association's new president. Milwaukee Valve showcases its operations to the Newport News Shipbuilding, Robertson Heating Supply hits a milestone as they celebrate their 80th year in business. Read about the 12th annual training day led by Security Supply, find out who has acquired several Kohler store locations. Also check out the latest products and news for the distribution industry.
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