News

Oil Markets Rallying, Recovering from 2016 Lows

Thursday, March 24, 2016

Oil Markets Rallying, Recovering from 2016 Lows

Oil prices hit highs for the year last week as the price of a barrel climbed above $40, helping rally what has been a slumping oil market. The climb in price comes as suppliers are hopeful that foreign oil products will strike an agreement next...

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Oil, Oil Everywhere, but Where to Store It?

Monday, February 15, 2016

Oil, Oil Everywhere, but Where to Store It?

The dramatic drop in oil prices continues to cause problems for the industry as a whole, with the latest cause for concern centered on storage. As Market Watch reports, the storage tanks in Cushing,...

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Could the Oil Industry Get Bailed Out?

Tuesday, January 19, 2016

Could the Oil Industry Get Bailed Out?

If you gone to fill up your gas tank recently, you’ve surely noticed that gas prices are continuing to drop. This decline is tied to the dropping cost of oil, which has, in turn, started to put...

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CNC Machining Versus Manual Machining

Wednesday, December 30, 2015

CNC Machining Versus Manual Machining

Machining helps make everything from prototypes to brand new parts. When it comes to how it’s done, however, there are some differences in opinion. While most people think that CNC machining is better, others say that manual machining is still supreme. So who’s right? There is no definite...

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Another Month of Ups and Downs for Oil

Wednesday, December 16, 2015

Another Month of Ups and Downs for Oil

As we all know when it comes to the oil market, things change quite frequently. One week filling up your gas tank can cost $4 per gallon, while it can be less than $2 for a gallon...

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Part Repairs? Head to a Machine Shop

Wednesday, December 09, 2015

Part Repairs? Head to a Machine Shop

When you own a business, you want to make sure you do what you can to have everything go right the first time, regardless of the situation. So if you have a machine and one of the components breaks, you would do what you can...

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Why Global Oil Companies Won’t Cut Production

Friday, October 16, 2015

Why Global Oil Companies Won’t Cut Production

A market component driving down oil prices may surprise many privy to the market. An inordinate number of oil producing countries aren’t responding to the market climate and continuing production as normal. This despite the plummeting price of the resource thanks to...

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No End in Sight for Oil Market Woes

Tuesday, October 13, 2015

No End in Sight for Oil Market Woes

Tough times continue in the oil market. With prices having dropped once again to below $47 per barrel, after briefly jumping 3% as a conclusive overreaction, estimates show price per barrel to dip well into the thirties, even. Though...

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