Oil, Soy, Corn, Ethenal & Fuels

Colorado, United States Of America- The Asphalt shortage triggered in Colorado is shocking as we track causes, possibilities and risks. The limitations are so severe that even Colorado Asphalt Works, Inc., a renowned company established in Commerce City, is encouraging their employees to reschedule or cancel their shifts as a result of the…

ADA, OKLAHOMA— LegalShield today released its May Economic Stress Index, a collection of leading indicators of household and small business economic and financial health in the United States. Two of its subindices, the LegalShield Housing Construction and Housing Sales Indices, both increased for the third consecutive month to new…

Protests are not the only hurdle for Enbridge however. The Minnesota Court of Appeals is set to decide on June 21st if Endrige successfully proved there was a demand for oil in the locations that could be reached by Line 3. Frank Bibeau, an attorney for the White Earth Band of Ojibwe, is suing in federal court claiming that the Army Corps of…

WASHINGTON — In response to disruptions in the fuel supply chain, the Internal Revenue Service will waive penalties for dyed diesel fuel sold for use or used on the highway in the states of Alabama, Delaware, Georgia, Florida, Louisiana, Maryland, Mississippi, North Carolina, Pennsylvania, South Carolina, Tennessee, and Virginia, as well as the…

A month has passed after the Biden Administration presented the American Jobs Plan, which seeks to invest $2.3 trillion in US infrastructure over 10 years. While Democrats and Republicans agree that infrastructure upgrades are necessary, they differ in two key areas: what counts as infrastructure, and how much should be invested. Republican…

Soybeans are being used in asphalt paving to insulation for homes. Soy has made its introduction into the construction industry. Major players have products readily available and that list has been growing by the day. Like all commodities this is another cherished one the U.S. is developing a strong demand for as well.

AGGRECOST ASPHALT FUTURE RELATED CONTRACTS data tracks: Paving, Oil & Stone, Chip Sealing, Sealing, Modified Mix, WMA, HMA, Polymers & cold placed contracts.

During his visit to Pittsburgh on March 31, President Biden presented the American Jobs Plan, often referred to as the infrastructure plan. He had already discussed the general aspects during the March 25 press conference, but now the plan has been presented in greater detail, and the White House published a detailed fact sheet. The American…

President Biden held his first press conference on Thursday 25, announcing that the $3-trillion infrastructure plan will be unveiled next week during his visit to Pittsburgh. However, he hinted at what the plan will contain, and transportation infrastructure will have high priority, especially roads and bridges. Mr. Biden also mentioned plans to…

The US economy is recovering quicker than expected, according to Federal Reserve Chairman Jerome Powell, but he believes there is still a long way to go. Unemployment is one of the main challenges, and there are 10 million jobs less than before the COVID-19 pandemic. In order to stimulate the US economy, the Federal Reserve decided to leave the…

BRIEF OPPORTUNITY FOR SOME CONSTRUCTION CONTRACTORS As most March contracts ended Tuesday it offers a short term window into lower forward pricing for most commodity based construction materials after seeing record highs on lumber Monday and the quarter. News from builder sentiment being lower for home building also adding to lower levels.…

On Wednesday March 10, the House of Representatives approved the American Rescue Act of 2021, which is also known as the COVID-19 relief package. The bill has many measures that will help the American economy recover from the pandemic, which include employment incentives and a dedicated budget for the construction industry. The Covid-19 relief…