Have you ever wondered how much the biggest oil and gas producers are making in revenue every year? Or how about how much these major corporations make in revenue every second!?
Have you ever wondered how much the biggest oil and gas producers are making in revenue every year? Or how about how much these major corporations make in revenue every second!?
In December of 2021, asphalt officially became the most recycled material on the planet. Produced from distilling crude oil, the substance is temperature resistant, strong, and binds with a slew of other materials, making it productive for manufacturing roof shingles, roadways, parking lots, and waterproof surfaces among other essential things.
There is an ample need for a gas detecting machine. To people who don’t know, it can help you keep track of your gas consumption as well as deal with the leakage problems. These gas detection machines are mostly used in a restaurant or other commercial places.
Canada has come up with a new energy strategy that has the
potential to compete in the race to replace coal in Asia and Europe and reduce
emissions that leads to environmental destruction. Canada is working on energy
transition to Liquefied Natural Gas (LNG), which could change the energy world.
The production also raises a question if Canada would be the leading supplier
of LNG to the world? If yes, then Canada has a very bright future ahead.
The reports by U.S. Census Bureau USA Trade platform show
Texas as the country’s biggest exporter with oil and petroleum product making up
one-third of its export in the year 2019.
Other goods that are shipped from Texas include computer
parts, aircraft parts, and integrated circuits. Cotton is also exported by the
Lone Star state and makes up one percent of its economic output.
California was titled as the second-strongest exporter in the
US with $173 billion worth of exports. Aircraft parts, integrated circuits, and
semi-conductor machinery were the top items in California’s export list.
Diamonds and almonds are also exported by California.
Other states that took part in major economic output in America
included New York and Washington. While New York’s major export consists of commodities,
food items, and minerals – Washington contributes airplanes and airplane parts
to the world.
It’s just days later, and we already have our next market abnormality: this time, traders were baffled by West Texas Intermediate (WTI) crude — the U.S. benchmark oil price — which somehow flipped negative for the first time in history.
How is that possible? And how does it tie into the COVID-19 oil price crash in general?
Subscribe to:
Comments (Atom)