Articles Tagged with ''economy''

American Supply Association distributor members reported a median sales growth of 8% for the month ending Feb. 29, 2016 vs. February 2015.

“A veritable boom is in the making for U.S. WTI producers.”

The KBIS segment of the event included 531 exhibitors, while estimates put KBIS 2016 attendance up more than 10% compared to last year’s tally.

The 1975 Nixon embargo against U.S. global oil exports has been totally lifted as part of a 2015 year-end bipartisan U.S. budget agreement.

With negative oil demand/supply inversionhaving reached a low point as 2015 ended, there are increasing signs that the red-hot shale expansion is in a state of re-evaluation.

This expanding glut has encompassed fossil fuels (coal, oil and natural gas), plus copper, lumber, iron ore, rare metals and even most agricultural products.

One of the more bizarre aspects of the UnitedStates administration’s energy policy has been the hesitation in removing the 1974 U.S. oil embargo.

The company’s revenues for the third quarter of 2015 were $753 million, an increase of less than 1% from the second quarter of 2015.