General news articles

Hamburgers Will Likely Be Cheaper in Early 2016

Beef consumption in the U.S. has been on the decline for a decade. American’s are now eating 20 pounds less beef per capita as compared to 2005. This fact coupled with fattier cows that splurged on cheaper grain, droughts, lower exports to Japan, higher freezer stocks, restaurant industry segments that are flat or negative, and a recent a saturation of burger chains have all combined to benefit burger eaters in early 2016.

First crude oil export from US in 40 years sets sail from Corpus Christi

The first crude oil shipment exported from the United States in 40 years has sailed from Corpus Christi, Texas.  NuStar Energy and ConocoPhillips loaded a vessel at NuStar's North Beach Terminal at Port Corpus Christi.  The light crude oil, sold to the international trading company Vitol, left the dock at Port Corpus Christi on Thursday, December 31, 2015. 

The United States government repealed a 40 year ban on the export of crude oil in December.  The crude oil cargo departing from Port Corpus Christi marks a historical moment for the United States.