According to the Bureau of Labor Statistics nearly 500,000 workers are currently employed in the oil and gas extraction industry in the United States, and that number is on the rise as the world’s demand for energy continues to grow
Properly trained personnel are essential for well control activities. Well control consists of two basic components: an active component of monitoring the pressure of the drilling fluid, and blowout preventers as a passive component.
A catalytic converter is a device found in vehicles’ exhaust systems that converts environmentally hazardous exhaust into less harmful gasses. Though catalytic converters have been installed in every new vehicle since 1975, theft of these devices has skyrocketed in recent years due to the highly valuable precious metals they contain. This article discusses why catalytic converters get stolen and how vehicle owners can prevent their theft.
The Bureau of Labor Statistics (BLS) announced that the U.S. consumer price index (CPI) increased 8.3% year over year in August 2022, remaining uncomfortably rapid for the month. The CPI didn’t ease as much as expected by economists, putting continued inflation-related financial pressure on consumers.
The most costly winter weather event on record in the United States was the polar vortex that occurred in February 2021. This winter storm famously led to an overload of the utility grid in Texas, which left millions without power, caused $15 billion in damage and killed 246 people – many from hypothermia.
“Hot work” refers to any task that involves burning, welding, or the use of fire- or spark-producing tools, or actions that generate sources of ignition. On an oil job site, there are numerous potential hazards, including well heads, fuel tanks, mud tanks, tank batteries, gas separators, and oil treaters.
The energy sector is no stranger to a cyber attack. For many American families and businesses, the most personally disruptive incident in recent memory came in May 2021 with the ransomware attack that shut down the Colonial Pipeline, a major U.S. oil and gas pipeline responsible for supplying nearly half of the East Coast’s petroleum.
As the shift to alternative sources of energy continues to be a topic of utmost relevance, investments in wind energy have become increasingly prevalent. While the energy source receives a great deal of attention, it also entails a complicated combination of risks, both financial and commercial. If you are considering wind farms as a potential investment, take the following factors into account to ensure that you have an ample risk management plan for this complex and largely unexplored territory.
While insurance can’t ease the actual heartache from the loss of a special item, there are affordable additional insurance coverage options to help ease the financial burden.
Trailer Safety Week (June 5-11) is an annual nation-wide awareness campaign aimed at increasing awareness of the importance of being committed to trailer safety, educating users about proper trailer maintenance and usage and creating a stronger partnership and alliance between stakeholders of the industry including trailer dealers, manufacturers and end-users.