Thursday, April 21, 2016
Despite efforts to reach a deal for a worldwide supply cap, the absence of a key country at a recent OPEC meeting created a meltdown in negotiations, causing the price of oil to remain on the low end. All parties were on board to support the...
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Tuesday, March 29, 2016
The past year has seen the lowest gas prices in more than a decade as some areas have seen prices well below $2 a gallon. As spring approaches, though, the price of gas is expected to climb again, regardless of the supply...
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Thursday, March 24, 2016
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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Monday, February 15, 2016
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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Tuesday, January 19, 2016
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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Thursday, January 14, 2016
It’s no secret that recently gas prices have taken a tumble. Now no one is complaining about having to pay less at the pump, but if you are wondering why prices are as low as they are,...
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Wednesday, December 30, 2015
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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Wednesday, December 16, 2015
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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Wednesday, December 09, 2015
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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Friday, October 16, 2015
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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