Brenntag and Univar Hint at Merger Plans
In November of 2022, chemical industry giant Brenntag said it planned to double its annual spending on mergers and acquisitions, specifically noting the goal of consolidating the industry and improving technical capabilities. Now, Brenntag is reportedly in talks with Univar, the world’s third-largest chemical distributor, regarding a merger. This deal would combine two of the […]
Low Gas Prices Predicted to Go Lower
Gasoline prices are now lower than they were a year ago. With prices down from $3.80 a month ago, and analysts are predicting prices to dip even lower. Even with OPEC+ confirming their 2 million barrel a day production cut previously announced in October, oil prices have still fallen. Patrick De Haan, head of petroleum […]
Predictions of a Drier-Than-Average Winter
2022 marks the third consecutive winter in which La Niña has occurred, creating warmer-than-average temperatures in the Southwest and Gulf Coast. From December of 2022 lasting through February of 2023, the National Oceanic and Atmospheric Administration (NOAA) in association with the National Integrated Drought Information Systems (NIDIS) predicts drier-than-average conditions across the South with wetter-than-average […]
Mississippi River Levels Reach Historic Lows
Amid concerns for the water levels of the Rhine river in Germany, another equally concerning river phenomena is happening in America. In a part of the country where the norm is to be vigilant of major flood warnings, the Mississippi river water table has been creeping dangerously below passable levels. The water levels for this […]
China, U.S. Presidents Meet to Lay Ground Work
Chinese President Xi Jinping and U.S. President Joe Biden met with one another to discuss the trajectory of the relationship between the United States and China. This discussion comes at a time where tensions between the two countries are high, and the level of mutual trust is low. Topics of hostility between the U.S. and […]
