Uncategorized Archive

Update on Urbanization in China

China has several multi-billion dollar city development projects. Nanhui New City plans to attract 800,000 residents and reportedly cost $4.5 billion. Nanhui city illustration Established in April 2017, Xiongan New Area is a redevelopment project planned for Hebei, China. Initially, …

Texas is back as King of the oil world

Weekly US oil production is back to 9.3 million barrels per day and is nearing the 9.6 million barrel peak in mid-2015. OPEC raised its outlook for U.S. production growth by 285,000 barrels a day to 820,000 a day in …