On Thursday July 6th Scott Pruitt resigned from his position of Chief Administrator of the Environmental Protection Agency (EPA). Pruitt has held the position since February of 2017 but recently been under fire for numerous ethics controversies, ultimately stating the reason for his resignation was due to “unrelenting attacks on himself and his family which have taken a sizable toll on all of us”. Let’s take a look at what Pruitt was able to accomplish while in office and also some of the controversies that plagued him.
While the implications of the United States withdrawing from the Iran nuclear deal are still unknown, the oil industry as a whole is watching ever so closely. The Trump campaign claims that sanctions are to be put back on Iran, which could limit the crude oil exports from their country.
One of crude oil’s heaviest uses is when it enters the refining process to create petroleum products people use daily, but let’s take a step back from the fuel aspect of oil, and take a look at other products that can be made from one barrel of crude.
Every April, drivers experience road conditions related to the cliché weather pattern of, “April showers bring May flowers.” People might not know that April is Distracted Driving Awareness Month and according to the National Safety Council (NSC), the main reason for distracted driving is the use of cell phones while behind the wheel. Nationwide nearly 1.6 million crashes each year can be attributed to cell phone use while driving. In 2017, the NSC reported that for the 2nd consecutive year motor vehicle deaths surpassed 40,000. Although advanced technologies have made cars safer than ever in recent years, unfortunately the number of vehicle crashes and fatalities are still on the rise.
In today’s world, it is not uncommon for any one of us to order an item online and have it arrive at a store or our homes. We rarely stop to think about the logistics concerning the transportation of those goods throughout the country. There is a growing concern in the marketplace that the increase of shipped goods is growing at a rate that trucking companies cannot conceivably keep up with. According to Bloomberg, “The trucking industry is unique because it's the lifeblood of moving goods around the country, representing 70 percent of the nation's freight volume by weight. Without enough trucks and drivers on the road, some combination of things is going to happen: Shipments will be delayed, and producers will have to pay higher prices to get goods to market.” For example, if you try to order a car service like Uber on New Year’s Eve or during a peak hour, your rate will be exponentially higher than the normal rate. According to the American Trucking Association, “…driver shortfall could reach 50,000 positions by the end of this year and if trends hold, will grow to more than 175,000 by 2026.”