Global Oil Markets Expected to Tighten in Third Quarter 2017, then Loosen Through 2018
Forecast world production of crude oil and other liquids in 2017 and 2018 was revised slightly downward in the June edition of EIA’s Short-Term Energy Outlook (STEO), which was issued after the May 25 announcement by the Organization of the Petroleum Exporting Countries (OPEC) of an extension to production cuts that were originally set to end this month. OPEC’s crude oil production target will remain at 32.5 million barrels per day (b/d) through the end of the first quarter of 2018. Given the...
253 House Members Sign Letter Seeking Long-Term Fix to Highway Trust Fund
More than half of all House members, including majorities from both political parties, told the chamber's chief tax writers they want to come up with a way to head off the future insolvency of the Highway Trust Fund. While their letter did not specifically endorse a gas tax increase or any other revenue option, it did ask leaders of the Ways and Means Committee to come up with a "long-term, dedicated, user-based revenue stream" that will keep the trust fund solvent. Reps. Sa...
Department of Energy Advances $32 Million in Funding for Advanced Technologies
WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today announced up to $32 million in funding for 16 projects as part of two new Advanced Research Projects Agency-Energy (ARPA-E) programs: ENergy-efficient Light-wave Integrated Technology Enabling Networks that Enhance Datacenters (ENLITENED) and Power Nitride Doping Innovation Offers Devices Enabling SWITCHES (PNDIODES). “The ENLITENED and PNDIODES programs demonstrate ARPA-E’s unique approach to advancing the development of energy tec...
The Results are in: These are the Most Energy-Efficient Utilities in the US
Our first-ever scorecard of US utilities, released today, reveals striking regional differences and the best — and worst — performers on energy efficiency. The 2017 Utility Energy Efficiency Scorecard looks at the performance of the 51 largest electric utilities in the United States and highlights cutting-edge efforts. Topping the list are Eversource Massachusetts and National Grid Massachusetts, which both earned the same score. Rounding out the top five are Pacific Gas & Electric, Baltimore Ga...
Three Mile Island is the Latest Nuclear Power Plant to Announce Retirement Plans
At the end of May, Exelon, the owner of the Three Mile Island Nuclear Generating Station in southeastern Pennsylvania, announced its intention to retire the plant in 2019 unless the company is given assistance by the state to help keep the plant financially viable. Exelon’s announcement marks the sixth announced nuclear retirement in the past seven years. Currently, 99 nuclear reactors at 60 nuclear power plants operate in the United States. Since the first commercial U.S. nuclear reactor cam...
Transportation Construction Coalition Statement on Graves-Norton Highway Trust Fund Letter
(WASHINGTON)—The Transportation Construction Coalition commends the 253 bipartisan members of the House of Representative who joined together to advocate for a long-term solution to the Highway Trust Fund’s structural revenue deficit. 119 Republicans and 134 Democrats—a majority of each party’s membership in the chamber—signed a June 12 letter, led by House Highways & Transit Subcommittee Chairman Sam Graves (R-Mo.) and Ranking Member Eleanor Holmes-Norton (D-D.C.), to House Ways and Means...
Renewable Energy: Apple Park Construction, Tech Leaders Make Huge Strides
Clean energy has been an increasingly important topic in the United States. Recent attacks on the Environmental Protection Agency’s budget have created more fuel for the flame of environmental activism. Although there’s much confusion and concern, there’s still major progress being made in renewable energy. Private-sector tech leaders such as Google, Amazon, Microsoft and Apple are pushing for 100-percent clean-energy-run operations. Making headlines and inspiring activists, Apple’s new he...
Penguin Perfect: Providing a Picturesque ‘Penguins Plus’ Path and Pavilion
Consultants employ the latest in design technology to create a non-invasive world-class viewing area and walking path for the Penguins Plus View Experience at Phillip Island Nature Parks in Victoria, Australia. Phillip Island is located in the southeast corner of Australia. Every evening at sunset on the coastal beaches about an hour and a half’s drive south of Melbourne, Australia, something magical happens. Located on the southeastern tip of Australia on the Summerland Peninsula, Phi...
Viewpoint, BKD & FMI Corporation Form Industry Alliance to Address Construction Productivity Issues
Portland, OR - Industry leaders Viewpoint, BKD LLP & FMI Corporation have teamed up to perform deep research into construction productivity issues in order to make practical recommendations for areas of improvement. The lag in global construction productivity has been widely reported by a number of leading research firms and has been estimated at as much as 1.2 trillion dollars annually. Improving productivity by as much as 10-20 percent could make a huge impact on the construction economy, prov...
Work Zone Crisis: 44 Percent of Contractors Report Vehicle Crashes at Construction Sites
In a new report that starkly highlights the risk to workers as well as motorists in highway work zones, 44 percent of roadway contractors said vehicles had crashed into their construction sites in the past year, for a 13 percent jump from 2016 and including spikes in construction worker deaths and injuries. The Associated General Contractors of America, which surveyed more than 700 contractors nationwide during March and April, said it has launched a new public advertising and information cam...
Video: New Roundabout Under Construction at McIver and Old Florence Roads in Darlington County
Promenade at The Point
June Issue 2026
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