Volume 1 Issue 37
Adrian Brown is away. His column will reappear in the Sept. 12 edition of Lube Report Americas.
U.S. base oil refiners worked in high gear during the first half of 2018, producing nearly 34 million barrels of base stocks - the highest total in at least a quarter century, according to data released Friday by the U.S. Energy Information Administration. Observers said that output is helping to saturate the market.
Curacaos Isla Refinery is idle but has cleared one hurdle to resuming operation after current operator Petroleos de Venezuela S.A. reached a $2 billion settlement with ConocoPhillips on Aug. 20.
A dearth of truck drivers, mandated technology that restricts drivers time flexibility and emerging technologies such as autonomous trucks are some of the key challenges impacting the trucking industry, an insider told a conference in Des Moines, Iowa.