Oil well drilling in the United States has increased dramatically in the last five years. The increase in drilling activity has had a direct impact on petroleum pricing. Rig counts are an indicator for the potential supply picture of the oil and gas industry. A sharp increase in the number of drilling rigs domestically, would potentially affect the direction of product prices. The industry tends to speculate the greater number of active drilling rigs, the lower the price.
Everyone has seen solar panels in their travels. They are usually on roof tops of houses or buildings. Typically, they are always stationary, until recently, now they are on the move. One of more unique ways to utilize solar panels is in the trucking industry.
After 23 years without a tax increase, California’s Senate has approved a new bill that will increase fuel taxes to support the overhaul of the California road infrastructure. According to the LA Times,
Back in the 1930s when gasoline only cost about $0.15 a gallon, you would pull into the station and an eager man dressed in coveralls who heard the bell upon your arrival, would happily come out to pump your gas, wash your windshield and check your oil. These stations were affectionately known as mom-and-pop service stations. Aside from getting full service from these stations, many also carried soda and candy, had a full-time mechanic, and typically were owned and operated by the same person.