Tropical Storm Barry is the first to threaten the U.S. in 2019. It has intensified and could possibly turn into a hurricane. It's expected to affect the Gulf Coast from now into the weekend with threats of rainfall flooding, storm-surge flooding, and high winds to parts of Louisiana, Mississippi and Alabama.
Philadelphia Energy Solutions (PES) announced the closing of their doors a couple of weeks ago, but there was, and still is, a lot of uncertainty for what that means for the future of the union workers and the physical plant itself. PES recently announced its commitment to extend pay for union workers through August 25th, according to StateImpact Pennsylvania. U.S. Senator Bob Casey and PES representatives have confirmed that PES will pay its workers through the expiration of their collective-bargaining agreement. While the unions are holding on to hope that parts of the refinery will remain open or sell to a new operator quickly, it seems increasingly unlikely that will happen.
As the summer driving season shifts into high gear, consumers are well aware of gasoline prices and the impact the price will have on their summer travels. Although gasoline makes up 90% of the gallons we purchase for our vehicles, the product that makes up the additional 10% (Ethanol) can have a big impact on the price we pay.
According to reports, Iran is quickly going to breach the Uranium-stockpile limit set by the current nuclear deal. President Hassan Rouhani of Iran has already warned that a new deal needed to be in action by Sunday June 7, 2019 or the Islamic Republic will increase enrichment of Uranium. Globally, there is much concern with the growth rate of Iran’s uranium cache, because they are just a step away from weapon-grade levels of uranium.
Kentucky Trucking Association President, Rick Taylor is one of many Kentuckians who feel there is work to be done in many of the freight corridors in the state. On June 25th, the Kentucky Transportation Cabinet unveiled a list of projects that will be considered for 2020. According to Eleanor Lamb of Transport Topics, this list was derived from the State Highway Investment Formula for Tomorrow, otherwise known as “SHIFT”. “SHIFT helps officials prioritize transportation projects, and will inform the upcoming 2020 Highway Plan. SHIFT uses data on safety, asset management, congestion, economic growth and cost-benefit ratios to assess projects.”