Oil, Soy, Corn, Ethenal & Fuels

United States of America - Natural gas accounts for nearly a quarter of total energy consumption in the United States. The natural gas futures contract on the NYMEX Division is widely used as a national benchmark price. The futures contract is priced in 10,000 million British thermal units (mmBtu) and the price is based on delivery at Louisiana's…

United States Of America - Energy data from the "Monthly Energy Review" has been released.  The U. S. Energy Information Administration included the annual data in this data review. The United States showed strong gains in solar and wind. Solar energy production in the U.S. increased from 1.212 Quadrillion Btu up 24%  to 1.501 .Quadrillion Btu…

United States Of America - Oil Rigs and taps active and coming online are trending higher according to industry tracking reports by the company BAKER HUGHES. A sign future output will grow domestically but more work is needed as political struggles continue. Since 1944, when Baker Hughes Company began weekly counts of drilling activity in…

United States Of America - Crude prices have swung up to $114 a barrel on Thursday, following a 5% gain the day before, and volatility is expected to continue as traders take profits and the conflict in Ukraine continues. The war crimes conflict in Ukraine sparked worldwide outrage and sanctions around the world as markets and people would rather…

United States Of America - Gas & Diesel price volatility has become a long lasting push and pull battle over the years. Since the United States Of America set it goals to eliminate oil imports from Russia it has implemented new laws and push towards more responsible energy sourcing, consumption and emissions. Although the move does seem…

UNITED STATES OF AMERICA — The US Department of Energy (DOE) stated today that it will invest up to $20 million to reduce the cost of creating geothermal energy by showing faster drilling technology that will reduce the overall time, labor and costs required to create geothermal projects. DOE is aiming to significantly reduce the cost of…

Middle East - Boosted by concerns about potential supply disruptions following Yemen's Houthi group's attack on the United Arab Emirates, which escalated hostilities between the Iran-aligned group and a Saudi Arabian-led coalition, Brent crude futures rose more than 1.5 percent to more than $88 per barrel on Tuesday, the highest level since…

New York, New York - The New York City Council is expected to vote on Wednesday to prohibit the use of natural gas in new construction, following the lead of dozens of other smaller US cities seeking to transition away from fossil fuels and toward cleaner energy sources. If the law is passed all new buildings will be required to use electricity…

Washington, D.C. - Developers of Keystone XL Pipeline are pursuing to obtain $15 billion in recovery for the revocation of the pipeline’s building permit. President Biden has cancelled the permit for the border-crossing project after construction had already begun. TC Energy…

Göttingen, Germany - Popcorn Insulation? With construction insulation as a major topic, the goal of lowering heating costs and CO2 emissions has led forest scientists to turn to environmentally friendly and sustainable insulation methods: popcorn. Researchers have developed a method for transforming granulated popcorn into insulation boards.…

Washington, D.C. - The Federal Trade Commission’s Chair, Lina Khan, has been personally asked by President Joe Biden to analyze the influence of oil and gas companies on the relentless rising price tag of gasoline. Extensive investigation of Exxon Mobil and Chevron, the two greatest oil and gas companies in the U.S., has been requested. …

Washington DC - The Payroll Report from the BLS was far from optimistic across the board undermining the theory if unemployment benefits were cut payrolls would rise. Although the Nation as a whole saw a report that was far less then predicted the AEC related segments show promise. Segments in the construction related indicators compiled by…

Shandong, China - Asphalt Bitumen continues to be a work around import in China. S&P Global reports Canadian "oil sands" are now a goto option of import to China. Sources from S&P state in August, Canadian oil sands were made available to independent refiners in order to economize on taxes and quotas. -Oil sands are imported as natural…

SIOUX FALLS, S.D., U.S.A. -Using ecologically friendly, farmer-grown soy-based sealant, the South Dakota Soybean Research & Promotion Council (SDSRPC) collaborated with the City of Sioux Falls to construct longer-lasting roads. The weather of South Dakota makes it difficult to keep concrete roads in good condition. PoreShield is a soy-based…

Bylt Construction News Alert Economic Data Reporting Release Dates Wednesday, September 9, 2021 MBA 30-Year Morgage Rate - Previous 3.03%MBA Mortgage Applications - Previous -2.4%IBD/TIPP Economic Optimism - Previous 53.6JOLTs Job Openings For July - Previous 10.073M , Forecast 9.9MAPI Crude Oil Stock Change - Previous -4.045M …