So, it turns out The Wall Street Journal doesn’t have a section in their fine publication devoted to coated components. But here’s the thing – what we do, what you do, it’s a BIG deal. So we’re not going to quit our day jobs, but we monitor what’s going on and post it here on our site. Make sure to bookmark this page, visit often and tell your friends. This is your hub for news and updates for the industry.
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In this commentary piece, Ron Insana of CNBC weighs in on why reducing reliance on foreign suppliers of oil and gas is the answer to many of the U.S. issues in the Middle East. US needs to try harder to win the oil war By: Ron Insana (CNBC) COMMENTARY The Organization for Petroleum Exporting Countries is claiming victory in the latest oil war. The cartel said recently that demand for ITS oil was going back up, while production of non-OPEC oil (read: U.S. shale oil), was going down. But the impact on the U.S. oil industry is already being felt and yet, the U.S. has not formulated a policy response to defend against the economic hostage-taking that goes on in world energy markets. The rapid decline in prices has cost jobs in the oil industry and forced down the number of rigs in operation. And, the International Energy Agency has already warned that U.S. production may remain elevated if oil companies decide to fight the trend and keep drilling regardless of price, leaving supplies