Tag: oil drilling

Business

Falling oil prices could slow Texas construction industry

Construction equipment manufacturer Caterpillar has already taken a hit from falling oil prices and a new report from the Washington Post cautions that the Texas construction industry might soon see a slowdown for the same reason. The Post reports that credit rating agency Fitch has said that the ongoing drop in oil prices could undo some of the income generated […]

January 16, 2015

Business

Construction critical to growth of unconventional energy market

Construction is a key player throughout the “unconventional” oil and gas supply chain, according to a just-released study by the Energy Equipment Infrastructure Alliance, and conducted by IHS Global Insight. The industry is one of five critical economic sectors when it comes to the unconventional energy market, defined as oil and gas extracted by horizontal […]

October 1, 2014

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

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

Home

Fracking as a form of birth control?

Teen-age pregnancies have plummeted in North Dakota and that state’s researchers give the credit to, of all things, fracking. Apparently this method of extracting oil and gas from deep underground has brought in so much money and kept every able-bodied male so busy that nobody’s had time or the inclination to make babies. This is […]

March 1, 2013