Tag: Oil: Page 3

Business

Senate committee approves bill to bypass Obama, clear the way for Keystone XL pipeline construction

A bill that would temporarily bypass President Barack Obama and approve construction of the controversial Keystone XL pipeline passed a U.S. Senate committee Wednesday receiving bipartisan support. The Energy and Natural Resources committee voted 12-10 Wednesday to approve the bill. All Republicans in the committee supported the bill and were joined by Democrats Joe Manchin of […]

June 19, 2014

Roadbuilding

Lawmaker looks to crude oil tax, indexed diesel tax for Highway Trust Fund solution; Plan would remove gas tax

As the Highway Trust Fund’s insolvency looms, Rep. Peter DeFazio (D-Ore.) has introduced a highway funding plan that would repeal the federal gas tax in favor of other funding options, like taxing oil barrels and indexing the diesel tax to inflation and fleet fuel economy. DeFazio’s Repeal and Rebuild Act is designed to be a […]

June 17, 2014

Business

42,000 construction jobs lost for a lie: Billionaire green activist flashes cash, democrats put off Keystone decision until 2016

Funny how good people with good intentions wind up doing bad things when they enlist politicians to their cause. In February, the New York Times featured a profile of billionaire Tom Steyer’s bid to raise $100 million to defeat the Keystone pipeline project and promote the democratic party’s green agenda. After endless backpedaling, the State […]

May 23, 2014

Roadbuilding

Subaru updates big block V-Twin engines with temperature sensor

Subaru Industrial Engines has updated its big block V-Twin engines, which originally debuted at World of Concrete in January. The 35-horsepower EH90 and 40-horsepower EH99 are 999cc and feature connecting rods, large crankshaft bearings and three-ring pistons. The hardened exhaust valve and seats are designed to handle high temperatures. New to these engines is a […]

November 6, 2013

Roadbuilding

One Too Many Accidents?

You can’t prevent everything. As long as there are planes, cars, trains and other forms of transportation, you’ll hear about crashes and wrecks. But at what point do these machines’ safety records cross the line from being a fluke accident to becoming a serious concern? After a train carrying crude oil in Lac-Megantic in Quebec, […]

August 19, 2013

Construction Equipment

Full-size pickup sales up 25% annually thanks to home construction, energy sector

Automakers saw sales of full-size pickups soar 24.7 percent in the last year, thanks to recent increased demand from those in the construction and energy sectors, reports the Detroit News. In all, automakers sold 1,444,626 cars and trucks here in the U.S. last month. For comparison, car and SUV sales were only up 5.7 percent compared […]

June 5, 2013

Oils & lubricants

Next-generation engine oil a vital part of heavy-duty pickup fuel economy efforts

If recent announcements from truck manufacturers are any indication, the next generation of heavy-duty truck models and engines will be an evolutionary step forward in terms of greenhouse gas emissions and fuel efficiency. The effort will target a number of truck and engine design elements, from aerodynamics to advanced engine technologies. Some OEMs have suggested […]

June 3, 2013

Equipment

Researchers working to turn CO2 in the atmosphere into fuel

Carbon dioxide is the main culprit when it comes to climate change, and researchers around the world are trying to figure out how to generate less of it while still providing us all with enough power and energy. But what if you could take this excess carbon dioxide in the atmosphere and transform it into […]

April 4, 2013

Business

Central Texas Tool Company a family-run machine shop from a bygone era

No computers. Drawings done in the dirt. 100 year-old machines driven by overhead belts. Some might think that the Central Texas Tool Company is an anachronism, serving no purpose in this high-tech, 24/7 global economy. The members of the Carpenter family that run the shop jokingly call it “a working museum” and some of the […]

April 3, 2013

Roadbuilding

Legislators look to expanded drilling for transportation funding

Since a gas tax seems to be an unlikely source of transportation funding, some legislators are looking to oil. In fact, Speaker John Boehner has called revenues for infrastructure improvements via oil and gas drilling expansions a “natural link,” according to Politico. However, some lobbyists are concerned that expanded drilling won’t bring in enough money […]

March 27, 2013

Home

Protests ensue after University of Tennessee receives approval for fracking on school land

University of Tennessee officials are moving forward with a plan to drill oil and gas wells for hydraulic fracturing—also known as fracking— on land owned by the school after receiving approval from the state legislature, reports the Knoxville News Sentinel. The university will soon begin hearing bids from oil and gas companies to lease some […]

March 20, 2013

Business

Labor shortage expected to crush $100 billion in planned petrochemical projects

A lack of energy and mining professionals may cause the cost of these skilled workers, such as engineers and geoscientists, to double by 2020, potentially crushing $100 billion in planned petrochemical projects, Bloomberg reported. Experienced skilled workers currently earn an average of between $183,000 and $285,000 a year, while recent college graduates earn an average […]

March 12, 2013