Many athletes, from Pop Warner to the NFL, participate in American football each fall. Petrochemicals play a vital role in the game, from the plastics in the equipment used to play the sport to the artificial turf to the souvenirs and cups used for beverage consumption every game. In honor of the return of football season and the games that will be played across the country tonight, let’s take a look at the plastics that make up the typical football uniform, field, and ball.
By Ben Gonzalez | August 28, 2015 07:01 AM Comments (0)
By Herman Wang | August 27, 2015 07:01 AM Comments (0)
The national security argument for lifting the US’ long-standing restrictions on oil exports appears to be making some headway.
Senator Bob Menendez, a New Jersey Democrat who in June had signed a letter to President Barack Obama saying unfettered US oil exports would harm American consumers, last week said he would support the “strategic export of American oil to allied countries struggling with supply because Iranian oil remains off the market.”
By Colin Richardson | August 27, 2015 12:01 AM Comments (0)
China’s all too apparent slowdown is all the rage. The Shanghai Composite lost more than a fifth of its value over the five days to Wednesday August 26, with record one-day plummets witnessed Monday and Tuesday.
China’s steel industry, which in recent years seemed to become untouchable as it shipped product the world over, is now gaining more attention from importing countries and soon could also feel the crunch of recent market changes.
By David Henry | August 26, 2015 12:01 AM Comments (4)
Disclaimer: This post in no way, shape or form is an endorsement for or against Donald Trump or any other presidential candidate, for that matter. Nor is it an endorsement of this made-up “wall tax.”
By now, you know the spiel. The Republican front-runner for US president, businessman Donald Trump, insists he is going to have a wall built on the US-Mexico border and he is going to make Mexico pay for it. But how? Here’s an idea for Mr. Trump – one of the first places to look is refined products.
By Nick Coleman | August 25, 2015 12:01 AM Comments (6)
Oil-rich Azerbaijan is being rattled by disruption and attacks on pipelines, highlighting its tough geopolitical position and adding to worries about falling oil prices.
Having been courted by previous US governments, international interest in Azerbaijan and fellow Caspian producer Kazakhstan has waned in recent years, not least because of the increase in US shale oil production. Azerbaijan’s oil production is, in any case, thought to have peaked.
But with 848,000 b/d of output last year, Azeri production still matters.
By Tom Balcerek | August 24, 2015 07:00 AM Comments (0)
By Joshua Mann | August 24, 2015 12:01 AM Comments (0)
While pipelines and rail are often the transportation modes that spring to mind for moving oil in the US, there’s also a market for inland barges. In this week’s Oilgram News column, Petrodollars, Joshua Mann assesses how the market to move oil has shifted under pressure from crude prices.
By Starr Spencer | August 21, 2015 12:01 AM Comments (5)
If the round of second-quarter upstream conference calls showed anything, it was that operators have been humdingers in recent months: incredibly competitive, ruggedly hard-working and totally determined to match their operating costs to slipping oil prices, with a bit left over for profit.
And they have succeeded beyond their most extravagant forecasts. The cost of producing the once-perceived “high-priced” unconventional oil patch has now fallen, in some cases, to per-barrel breakeven prices pretty much on par with an extra-large delivered pizza with all the works, including tip.