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Daily news and top headlines for manufacturing professionals

Quartz Glassware: A Scientific Secret Ingredient

January 7, 2015 2:25 pm | by GE Reports | Articles | Comments

Quartz glassware is the secret ingredient to many scientific experiments. It handles heat and cold without cracking, remains inert to most chemicals and does not interact with light, a quality that makes it perfectly transparent. It doesn’t change shape and remains hard when cold, but becomes flexible when...

Cheap Oil: Who Wins And Who Loses?

January 7, 2015 1:34 pm | by Bridget Bergin, Associate Editor | Videos | Comments

Everyone has noticed the lower gas prices, but determining who stands to win and lose in the sudden drop-off is slightly more complicated. PwC’s UK Head of Oil and Gas, Alison Baker, spoke with Bloomberg’s Tom Mackenzie about the effects of lower gas prices. The average person on the street paying for gas for...

U.S. Gas Prices End 2014 At Lowest Levels Since 2009

January 7, 2015 1:28 pm | by U.S. Energy Information Administration‎ | News | Comments

Across the country, retail prices for regular grade gasoline reached the lowest levels in four years primarily as a result of falling crude prices in the second half of 2014. As of December 12, the weekly retail price for regular gasoline in each city for which EIA collects data was below $3.00 per gallon (gal) for the first time since...

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Monsanto Earnings Fall 34% On Lower Corn Seed Sales

January 7, 2015 9:44 am | by The Associated Press | News | Comments

Monsanto said Wednesday that its earnings fell 34 percent in its first fiscal quarter as South American farmers cut back on planting corn, reducing demand for the company's biotech-enhanced seeds. U.S. farmers harvested record crops of soybeans and corn last year, sending prices on those food...

Blast At WA Natural Gas Facility Costs $69M In Repairs

January 7, 2015 8:32 am | by The Associated Press | News | Comments

Williams Northwest Pipeline is spending $69 million to repair damage from an explosion that injured five people at a natural gas facility last March in eastern Washington. A pressure vessel ruptured, throwing a piece of shrapnel into a liquid natural-gas storage tank at the processing...

Manufacturing Snapshot Of The Week

January 6, 2015 4:47 pm | by Bridget Bergin, Associate Editor | News | Comments

The snapshot for this week is an image of White House press secretary Josh Earnest speaking during the daily press briefing at the White House in Washington on Tuesday, Jan. 6, 2015. The photo shows Earnest announcing President Obama's plans to veto the Keystone pipeline...

The Magnetic Wand That Cleans Up Oil Spills

January 6, 2015 1:25 pm | by Meagan Parrish, Editor, Chem.Info | Videos | Comments

You don't have to think hard to imagine why cleaning up an oil spill would be daunting — millions of gallons of oil floating in miles of ocean waters, dispersed by waves, weather and wildlife. Just looking at the 2010 BP oil spill in the Gulf of Mexico shows not just how difficult the challenge is, but how woefully uninnovative our...

First Bill In GOP-Run Senate Seeks To Approve Oil Pipeline

January 6, 2015 12:21 pm | by Dina Cappiello, The Associated Press | News | Comments

The Republican-controlled Senate's first piece of legislation will seek to approve the Keystone XL oil pipeline, testing President Barack Obama on a project he's been increasingly critical about, saying it wouldn't have a huge benefit for U.S. consumers. The bipartisan legislation, which is sponsored by 54 Republicans and...

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A Look At The Plans For Undersea Robotic Industrial Plants

January 6, 2015 10:20 am | by GE Reports | Articles | Comments

Subsea oil and gas deposits off the coast of Brazil exist in a world of extremes. They are locked more than four miles beneath the ocean’s surface, the same distance as 16 Empire State Buildings stacked on top of each other. Layers of near freezing water, salt and rock squeeze them with pressure equal to six really...

How Long Before Oil Prices Recover?

January 5, 2015 2:22 pm | by Meagan Parrish, Editor, Chem.Info | Videos | Comments

If you work in manufacturing, the free fall of gasoline prices has, in many ways, been a blessing: Feedstock and transportation costs are down, and consumer confidence is swinging way up. But of course, not everyone has been rejoicing. For those whose business depends on demand for oil...

A Look Into GE's "Christmas Trees"

January 5, 2015 10:09 am | by GE Reports | Articles | Comments

It’s not quite the North Pole, but the Christmas season seems to be always on at the Bridge of Don plant in Aberdeen, Scotland, where GE builds massive machines for subsea oil and gas exploration. That’s because workers at the plant make Christmas trees, an industry nickname for huge mechanical systems that control the flow of oil...

U.S. Rig Count Plummets 35 To 1,840

January 2, 2015 10:17 am | by The Associated Press | News | Comments

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. plunged by 35 last week to 1,840. The Houston firm said Monday in its weekly report that 1,499 rigs were exploring for oil and 340 for gas. One was listed as miscellaneous. A year ago 1,757 rigs were...

Why The U.S. Will Power The World Economy In 2015

December 30, 2014 9:57 am | by Christopher Rugaber, The Associated Press | News | Comments

The United States is back, and ready to drive global growth in 2015. After long struggling to claw its way out of the Great Recession, the world's biggest economy is on an extended win streak that is edging it closer to full health. But the new year doesn't look quite...

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Ahead Of The Bell: U.S. Consumer Confidence

December 30, 2014 9:50 am | by the Associated Press | News | Comments

The Conference Board releases its December index on U.S. consumer confidence Tuesday at 10 a.m. Eastern. The consumer confidence index is expected to rise to 93 this month from a November reading of 88.7, according to a survey of economists by...

Lawmakers Promise To Help Strapped Oil-Patch Towns

December 26, 2014 11:21 am | by Matthew Brown, James MacPherson, The Associated Press | News | Comments

Relief could be on the horizon for strapped public services in the Northern Plains' booming oil patch, as elected leaders in Montana and North Dakota move to steer more money into the region during the states' upcoming legislative...  

Feds To Study Nuke-Waste Burial In NV

December 24, 2014 9:47 am | by Ken Ritter, The Associated Press | News | Comments

Nevada and the federal Energy Department announced Tuesday they've formalized a panel to study contentious issues including whether radioactive material from a World War II-era plant in Tennessee will be buried at a former nuclear weapons proving ground north of...

Natural Gas Down 29% In One Month

December 23, 2014 4:30 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

Natural gas, the nation's most prevalent heating fuel, is getting cheaper just as winter is arriving because of mild temperatures and plentiful supplies. The price of natural gas has dropped 29 percent in a month, to $3.17 per 1,000 cubic feet on Tuesday from nearly $4.50 in late November. That's a steep drop even...

Saudi Arabia Will Not Cut Oil Production

December 23, 2014 12:22 pm | by CNN Money | Videos | Comments

Saudi Arabia's Oil Minister, Ali al-Naimi, tells John Defterios in an exclusive interview with CNN Money that his country is not conspiring to target U.S. and Russian oil producers by not cutting production...      

Oil Patch Towns Looking To Catch Up With Demands

December 23, 2014 10:03 am | by The Associated Press | News | Comments

City officials in the North Dakota oil patch say they are forging ahead with housing and infrastructure projects, despite an expected downturn in drilling in the next year. Watford City Mayor Brent Sanford said development and land sales are not slowing down because housing needs for...

Chemical Manufacturing Looked Up In 2014

December 22, 2014 3:45 pm | by Meagan Parrish, Editor, Chem.Info | Articles | Comments

If 2014 could be summed up in one word for American chemical manufacturers, it would be—momentum. According to American Chemistry Council’s “Year-End 2014 Chemical Industry Situation and Outlook,” chemistry output expanded in the last year, despite weakness in key markets and...

The Two Sides Of NY's Ban On Fracking

December 22, 2014 10:23 am | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

Although hydraulic fracturing, better known as fracking, in New York State has been on moratorium since 2008, Gov. Andrew M. Cuomo’s administration has announced that it will formally ban the practice. The AP is reporting that Wednesday's announcement, though not final, means a ban is...

Year After WV River Spills, Execs Face Charges

December 19, 2014 3:57 pm | by Jonathan Mattise, The Associated Press | News | Comments

When state inspectors arrived at Freedom Industries asking about a licorice smell enveloping West Virginia's capital city, the point person at the tank farm, Dennis P. Farrell, told them he knew nothing about a chemical leak. He seemed to brush off cause for concern over the odor in January. It was the...

More Job Losses For The Oil Industry

December 19, 2014 2:20 pm | by CBS News | Videos | Comments

Lower oil prices are buoying Louisiana's fishermen, but putting the squeeze on others. Manuel Bojorquez reports on the threat to jobs in the state's oil industry and the impact of the steadily falling oil prices. Some reports say that job losses are offset by hiring in other industries...

Global Oil Impact: Who's Hurting, Happy, Hopeful

December 19, 2014 2:05 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

Oil's plunge is spreading both pain and gain across the globe. The price of a barrel has fallen by about half since June, punishing the economies of some major exporters. Russia's currency has nose-dived, for instance, and investors worry Venezuela could default on its...

NY Will Move To Prohibit Fracking

December 17, 2014 4:02 pm | by Mary Esch, The Associated Press | News | Comments

Gov. Andrew Cuomo's administration will move to prevent fracking in the state, citing unresolved health issues and dubious economic benefits of the widely used gas-drilling technique. Environmental Commissioner Joe Martens said Wednesday that he was recommending a ban, and Cuomo said he would...

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