Tag: production
U.S. chemical production rose in April
According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) expanded by 1.
Midwest manufacturing index hits 14-year high
Manufacturing conditions across the Midwest and Minnesota improved for an 18th consecutive month and hit highs not seen in 14 years, according to a widely watched economic report published by Creighton University.
USA’s gas exports could double prices by 2040
American gas prices could double by 2040 as the U.S. exports more liquefied natural gas (LNG), but consumers will be shielded as production of the fuel increases and trade balances improve.
EIA: US world’s #1 producer of petroleum & hydrocarbons
According to the Energy Information Administration (EIA), the United States has remained the world's top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high.
API: US petroleum demand highest in 11 years
The American Petroleum Institute (API) has reported that, despite higher prices, the first four months of 2018 saw US petroleum demand average 750, 000 bpd above the same period in 2017 – a sign of solid economic activity.
Rexroth introduces SVA
Rexroth has showcased a unique system for subsea actuation at the Offshore Technology Conference (OTC) in Houston, Texas.