US Ethane Production and Exports Reach Record Levels in 2024
In 2024, US ethane production, consumption, and exports reached record highs, according to the US Energy Information Administration (EIA). Ethane production rose 7% to...
Heathrow Fire Closure Causes Major Travel Delays
The Associated Press reports that Heathrow Airport was closed for the day after a fire knocked out its power, affecting at least 1,350 flights,...
Timber Industry Overhaul Underway
The U.S. government is launching efforts to boost domestic timber production, reduce reliance on imports, and lower costs for construction and energy. The initiative...
U.S. Housing Market: Sales Up, Inventory Rising
Existing-home sales rose 4.2% in February to a seasonally adjusted annual rate of 4.26 million, though they declined 1.2% year-over-year, according to the National...
U.S. Tariffs Could Drive Canadian Lumber Mills South
Mrinalika Roy and Seher Dareen of Reuters report that U.S. tariffs on Canadian lumber could push more Canadian mills to relocate to the U.S....