15,000-Foot Wells Reshape America’s Biggest Oil Basin
Oil and gas operators in the Permian Basin of western Texas and eastern New Mexico are increasingly drilling longer horizontal wells, including “super-laterals” exceeding...
Online Retail Sales Continue Strong Growth in 2026
The U.S. Census Bureau reported that U.S. retail e-commerce sales reached an estimated $326.7 billion in the first quarter of 2026, after seasonal adjustment....
Semiconductor Industry Poised to Exceed $1.5 Trillion in 2026
Global semiconductor sales reached $403.3 billion in the second quarter of 2026, a 35.1% increase from the first quarter, according to the Semiconductor Industry...
U.S. Housing Starts Fall Sharply in July
The U.S. Census Bureau and Department of Housing and Urban Development reported that new residential construction weakened in July 2026. Privately owned housing starts...
U.S. Import Prices Fall 0.4% in July
U.S. import prices fell 0.4% in July 2026, while export prices rose 0.2%, according to the Bureau of Labor Statistics. The decline in import...