The U.S. Census Bureau reported that construction spending during February 2022 was estimated at a seasonally adjusted annual rate of $1,704.4 billion, 0.5% (±0.7%) above the revised January estimate of $1,695.5 billion. The February figure is 11.2% (±1.2%) above the February 2021 estimate of $1,533.3 billion.
Read MoreMonth: April 2022
Source Energy Services Makes Executive Appointment
Brad Thomson has elected to retire as president and chief executive officer and as a director of Source Energy Services Ltd. Scott Melbourn has been appointed president and chief executive officer and will be appointed as a member of the board.
Read MoreAre Frac Sand Prices Squeezing Oil Market?
Sand for fracking is now three times as expensive as it was last year, and it’s one of several reasons U.S. oil production isn’t increasing, according to an article in Business Insider.
Read MoreNorth Dakota Could Boost Oil Output
North Dakota’s oil output could climb another 100,000 barrels per day by the end of 2022 amid high crude prices, a state energy regulator estimates, according to the Bismarck Tribune.
Read MoreSmart Sand Purchases Wisconsin Frac Sand Operation
Texas-based Smart Sand Inc. announcing the purchase of a long-idled mine in Trempealeau County, Wis., according to Wisconsin Public Radio.
Read MoreThis Week’s Market Buzz
At press time, international benchmark Brent crude ended the day at $107.91 for a loss of 4.88%. U.S. crude futures for May delivery settled 6.99% lower at $100.28 per barrel.
Read MoreDurex Armor Screens Offer Long Wear Life, High Open Area, Reduced Noise
Armor Screens from Durex Products Inc., Luck, Wis., protect operations with the triple benefits of long wear life, high open area and reduced noise. Built from high-grade wire cloth with molded premium polyurethane, this unique combination of technologies creates screens that have a much higher open area than conventional polyurethane screens and much longer wear life than wire screens.
Read MoreThe Romans Built Roads to Last Thousands of Years
By Mark S. Kuhar It is estimated that the Roman road network was about 250,000 miles long, out of which about 50,000 miles were paved with stone. Like arteries, these marvelous feats of engineering ferried goods and services rapidly and safely, connecting Rome, “the capital of the world,” to the farthest stretches of the empire, and facilitated troop movements to…
Read MorePreparing for MSHA’s “Take Time Save Lives” Campaign
MSHA Is Focusing On Task Training, So Let’s Look Quickly At What’s Required And What You Can Do To Comply. By Brian Hendrix MSHA recently announced its “Take Time Save Lives” campaign to “reach miners, promote best practice resources, and ensure mine operators have the tools they need to fully train miners to use equipment.” This new campaign is MSHA’s…
Read MoreRemembering the Pandemic
COVID-19 Taught Us Lessons That Are Changing The Way America Works. By Thomas J. Roach The pandemic of the 21st century may not be over, but in the United States we are seeing a distinctive ebb in its development, and we are provided with an opportunity to take in the scope of its impact. In 1999, a Gallup poll asked…
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