Economy

Drilling Activity to Increase in 2022, Says Petroleum Association

Drilling Activity to Increase in 2022, Says Petroleum Association

Oil and natural gas drilling in Canada is expected to increase by 16 percent in 2022, according to forecasting from the Petroleum Services Association of Canada (PSAC). “For 2022, we expect drilling activity to be higher than 2019. But, although we’ll be back to pre-COVID levels, we’re not going to…
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New Rail Terminal Makes Savannah's Port 3rd Largest in Country

New Rail Terminal Makes Savannah's Port 3rd Largest in Country

North America’s largest railport terminal has risen from out of a swamp in Savannah, Georgia. The Mason Mega Rail Terminal makes Savannah the third-largest port in the United States, according to Georgia Gov. Brian Kemp. At a ribbon-cutting ceremony on Nov. 12, Kemp announced that the new terminal would raise…
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House Approved Bill Expanding Veteran Access To Vaccines

House Approved Bill Expanding Veteran Access To Vaccines

The House passed a new bill on Nov. 15 that would authorize the Department of Veterans Affairs (VA) to supply COVID-19 and flu vaccines for veterans, their spouses, and caregivers (pdf). If passed, the new bill will allow individuals not currently enrolled under the VA healthcare system to receive the vaccines…
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No Alternative to Confrontation With China

No Alternative to Confrontation With China

Commentary In the wake of the 6th plenary session of the 19th Central Committee of the Chinese Communist Party (CCP), Chairman Xi Jinping has positioned himself to remain in power beyond the norm of two terms. Xi is likely to be the leader of the Chinese regime for many years to come.…
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Pfizer Asks Food and Drug Administration to Authorize COVID-19 Pill

Pfizer on Tuesday said it submitted a request for emergency clearance for a pill designed to treat COVID-19. The treatment, known as Paxlovid, is meant to keep COVID-19 patients with mild or moderate symptoms out of hospitals. It reduced the risk of hospitalization or death in a clinical trial, according…
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Business Chart of the Day: Where Will the Walmart Sell-Off End?

Business Chart of the Day: Where Will the Walmart Sell-Off End?

There’s an old saying on Wall Street that "gaps refill." If it’s true, there’s a good chance that the sell-off in Walmart Inc. (NYSE:WMT) is about to end. Between the close on Oct. 18 and the open on Oct. 19, shares gapped up from $141.68 to $144.63. This shows up as a blank space…
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