economic impact

economic impactFuture is US Oil and Gas and Using Oil for Plastics

By 2025, Texas oil production will double and US and gas production will increase by around 50%. Enterprise Partners forecasts that Texas will surpass 10 million barrels per day of crude oil production by 2025 from the Permian and Eagle …

businessEconomic Impact of Self-driving Trucks

Trucks are the backbone of the supply-chain delivery system. 70% of goods are delivered by truck. The U.S. trucking industry generated $700.3 billion in economic activity in 2017. Self-driving trucks will revolutionize logistics. It can bring down the cost by …

chinaHSBC See Tax Cuts Giving China Sustainable Recovery

HSBC sees China's GDP growth hitting 6.7 percent by the fourth quarter and sees a sustainable recovery. a US-China Trade deal overcomes a key hurdle with an agreement to create enforcement offices.

air forceAir Force Bases Need $4.9 Billion for Hurricane Repairs

The US Air Force requires $1.2 billion in FY2019 and $3.7 billion in FY2020/FY2021 of supplemental funding to rebuild Tyndall Air Force Base and recover Offutt Tyndall Air Force Base. Without supplemental funding, the US Air Force would have to …

economic impactDOE Funds 2022 First Demo for Factory Mass Producible Nuclear Power

The late 2020’s could see the start of a new age of factory mass produced nuclear power. The DOE is putting most of its first of its kind funding ($13 million out of $19 million) for advanced nuclear power research …

blockchainCryptocurrency Miners Tech and Which Mining Machines are Profitable?

Bitmain will launch its next-generation 7nm ASIC chip, BM1397, which achieves will improve performance, chip area and energy efficiency for mining cryptocurrencies such as Bitcoin (BTC) and Bitcoin Cash (BCH), that use the SHA256 algorithm for their Proof of Work …

artificial intelligenceDo 2018 US Productivity Numbers Show Start of a New Boom?

The Us Bureau of Labor reported a 1.0% labor productivity gain in 2017-2018. This number was better across the country than the 0.4% per year gain from 2007-2017. However, labor productivity was still only 1.3% versus the 2.8% labor productivity …

economic impactMaintain Recycling Lies or Face Reality

Recycling was premised that there is not enough room in landfills and that a lot of plastics can and should be recycled. All the garbage produced in the U.S. for the next 1000 years could fit into a landfill 100 …

chinaChina-Italy BRI Deal Could Be as Historic as Marco Polo

In 1271, Marco Polo traveled from his home in Venice to China via the Silk Road. The Travels of Marco Polo had huge influence. Italy is now signing agreements to join China’s Belt and Road Initiative. China is investing in …