Tag: Manufacturing
Alberta’s economy is diversifying, with strong manufacturing growth
Alberta economy setting all-time records in retail and hospitality sales Alberta’s economy turned the corner in 2017, ending the year as the fastest-growing economy in the country with increases in nearly every sector, according to an Alberta government press release. Tens of thousands of full-time jobs were added to Alberta’s economy and the unemployment rate […]
Link between economic growth and electricity use is changing around the world – EIA
In projection, GDP increases by 1.7% per year, and electricity use increases by 0.9% per year between 2015 and 2040 Growth in economic activity (measured as gross domestic product) has tended historically to be coupled with increases in electricity use as populations grow and generate more goods and services, according to the U.S. Energy Information […]
Canada’s Magna International to produce BMW hybrid at Austrian factory
Magna International also contracted to build Jaguar’s I-PACE SUV On Monday, Canadian auto supplier Magna International Inc. announced it will build BMW’s new 5-series plug-in hybrid at the company’s factory in Graz Austria. Magna says it plans to produce electric vehicles on a contract basis for global automakers and already has an agreement in place […]
Shale natural gas setting stage for rebirth of Appalachian manufacturing
Currently a serious shortage of infrastructure needed to fully capitalize on NGLs in Appalachian region By Jackie Stewart, EnergyInDepth When it comes to shale development and manufacturing, Republicans and Democrats continue to see eye-to-eye and are rooting for a manufacturing rebirth — particularly in Ohio, West Virginia, Pennsylvania and Kentucky. And according to a new […]
Shale gas spurring plastics manufacturing growth – report
Looking ahead, the outlook for US manufacturing is even brighter, thanks to shale gas By Seth Whitehead, EnergyInDepth EID has highlighted several times in recent months how the shale gas revolution has spearheaded a manufacturing renaissance in the United States. The latest evidence of this trend was released this week in the Plastics Industry Association’s […]
US shale revolution worth $3.5 trillion – National Bureau of Economic Research
US manufacturing has been revitalized at the same time shale gas production skyrocketed By Nicole Jacobs, EnergyInDepth The National Bureau of Economic Research (NBER) released a report this week that quantified US economic activity from 2012 to 2014 and found that $3.5 trillion of the increased equity of the US stock market has been the […]
Fracking plays major role in U.S. elections
The winner on Tuesday was fracking and American manufacturing by Jackie Stewart, EnergyInDepth The election results are in and one thing is abundantly clear: fracking had a major impact across the country, particularly in key swing states, such as Pennsylvania and Ohio. Voters overwhelming supported candidates and campaigns who ran on issues that support domestically produced […]
Permian Basin: a bright spot for the industry and for Texas
Permian Basin a major player in financial fortunes of Texas for a century now, since completion of first Westbrook Field well in 1921 By David Blackmon, EnergyInDepth The last two years have been a challenging period for the domestic exploration and production industry, as the global price for crude oil collapsed and has been slow […]
Opinion: Every day, oil and natural gas support Texas in everyday ways
Oil, natural gas production, transportation, refining are keeping Texas economy strong and provide energy security for the nation By Todd Staples, TXOGA It’s back-to-school season and as you stroll the aisles with your school supply list in hand, oil and natural gas is probably not top of mind. But, you know what would be interesting? Take this challenge: […]
Energy intensity reduced significantly in US steel production – EIA
Steelmaking processes and technologies will continue to evolve in response to commodity prices The manufacture of steel and related products is an energy-intensive process. In 2015, the steel industry accounted for 1.5 per cent of all industrial shipments but 6.1 per cent of industrial delivered energy consumption, according to the US Energy Information Administration. In EIA’s Annual Energy Outlook 2016 (AEO2016) […]
Connect
Connect with us on the following social media platforms.