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Home » Topics » Legislation

Legislation
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ARTICLES

The McNeely View

Wake Up!

You’re being played ...
March 6, 2023
Don McNeeley
No Comments

I open the New Year drawing from Jean-Baptiste Alphonse Karr, who suggested: “Plus ça change, plus c’est la même chose.” 


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The Beschloss Perspective

Celebrating PVF’s Leadership

I am particularly proud of the impact our pipe, valves and fittings sector has had on America’s industrial sector.
March 6, 2023
Morris Beschloss
No Comments

As I reflect on the past year and enjoy the promise of a new year, I am particularly proud of the impact our pipe, valves and fittings sector has had on America’s industry.


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PVF Market Overview

Interest Rates, Employment Figures and Oil/Gas Growth

The oil industry is experiencing a greater percentage of hires new to the industry; it employed 948,943 professional jobs in 2022.
March 6, 2023
Stephen Letko
No Comments

March marks the end of the first quarter of calendar year 2023. The Federal Reserve anticipates another two quarter-point interest rate increases in the second quarter following the quarter-point in February: one on March 22 and one at its meeting on May 3.


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The Beschloss Perspective

Has Solar Energy Antipathy Been Subdued?

President Joe Biden has quietly flushed out future fossil-fuel reduction and elimination dates.
February 3, 2023
Morris Beschloss
No Comments

It wasn’t too long ago that the negative outcry against all types of fossil-fuel energy (oil, coal and gasoline) was shunned by the world’s major nations.


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PVF Market Overview

U.S. Pledges $33 Billion for EVs, Battery Factories

Energy costs are a significant factor in choosing a battery plant site, as these facilities are huge energy consumers.
February 3, 2023
Stephen Letko
No Comments

By the time this column is published, we will be halfway through the first quarter of 2023, giving us an indication of how the year will unfold for the PVF industry.


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Beschloss Perspective

OPEC Slashes Output Under Russian Pressure

President Joe Biden responds by opening oil/natural gas reserves.
December 5, 2022
Morris Beschloss
No Comments

A cut of 2 million oil barrels per day resulted from Russian-led allies, a move that caused already high prices to rise further. This results from Russian pressure on fellow members of the 23-member group known as OPEC.


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PVF Market Overview

Biden Administration Flip-Flops on Natural Gas Drilling

Yet the Interior Department announced an offshore oil and gas sale for tracts in Alaska for December.
December 5, 2022
Stephen Letko
No Comments

December is the end of a turbulent year for the PVF sector of our economy: supply-chain constraints, rising costs of material, labor shortages, escalating energy costs, international conflicts and a political environment hostile to fossil-fuel energy sources.


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Beschloss Perspective

United States OK on Energy Production

U.S. imports of gas and oil to Europe surge to fill the gap as Russian puts the squeeze on NATO allies.
November 4, 2022
Morris Beschloss
No Comments

While the Russo/Ukraine war has put Europe into an energy hassle never before seen, Russia is putting a squeeze on Europe’s NATO group due to its siding with the Ukrainians.


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PVF Market Overview

OPEC+ Cuts Production, SPR Tapped Again

The administration announced an additional 10 million barrels from the Strategic Petroleum Reserve, which is already at an historic low.
November 4, 2022
Stephen Letko
No Comments

We are midway through the fourth quarter of the calendar year 2022. The months of November and December are not only impacted by the holidays, limiting the number of shipping days — we all will be impacted by rising fuel costs.


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The Beschloss Perspective

Are PVF Leaders Up to Date?

The unique aspect of PVF industry’s relationships calls for substantial industry experience before a top management position is fulfilled.
October 3, 2022
Morris Beschloss
No Comments

The PVF industry, unlike many manufacturing sectors, demands industry experience of its leaders. Much of the sector’s success is attributed to that experience. Also, rising inflation brings recession to the mind of the Federal Reserve and its chairman.


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