Supply chain disruptions caused by pandemic lockdowns have been a major cause of economic chaos in recent years, fueling the anger of consumers paying sky-high prices for suddenly scarcer goods. But they’ve also been a boon for the companies that make those products, which have flatly admitted to using headlines about inflation to address the prices added to their products, whether it’s eggs, plane tickets or electricity. Perhaps no product has embodied today’s inflationary pressures more than cars, as parts shortages coupled with continued strong demand for vehicles have driven up their prices. While we’re told that companies are simply…
Author: Automotivedealernews.com
Scientists at the Department of Energy’s Oak Ridge National Laboratory have invented a coating that could dramatically reduce friction in common load systems with moving parts, from vehicle drive trains to wind and hydroelectric turbines. It reduces the friction of steel rubbing on steel at least a hundredfold. The new ORNL coating could help fuel an American economy that loses more than a trillion dollars each year to friction and wear and tear, equivalent to 5% of the gross national product. “When components slide against each other, there is friction and wear,” said Jun Qu, leader of ORNL’s surface engineering…
ConocoPhillips is ready to develop its Nuna field project in Alaska and expects a peak oil rate of 20,000 barrels per day from the site, the company said in a press release. Construction will begin this year at ConocoPhillips’ 3T drill site at its Kuparuk River unit and continue into 2024 with pipe and bearing construction, the company said. Drilling is expected to begin in late 2024 and ConocoPhillips expects first oil in early 2025. ConocoPhillips said it acquired the Nuna acreage in 2019 from Caelus, which had already built the gravel road and platform for the drill site. The…
Los Angeles Fire Department personnel responded to the Carthay neighborhood of Los Angeles, where a vehicle drove onto a sidewalk, struck several pedestrians and crashed into a building Wednesday. Crews were dispatched to 6161 West Pico Boulevard near La Cienega Boulevard around 5:28 pm after receiving calls about the crash. At the scene, firefighters found three pedestrians who had been hit by the vehicle before it crashed into a Chase Bank building. A 48-year-old woman and a 51-year-old man were taken to the hospital in serious condition and a 19-year-old man was taken to the hospital in fair condition, according…
Northwest Europe Overall demand has been slow at ARA ports so far this week. Securing LSMGO for very fast dates (0-2 days) can be difficult, with lead times of at least five days recommended to ensure full supplier coverage. Some argue that LSMGO supply is normal with fast supply dates available. Recommended delivery times for VLSFO and HSFO are around 4-7 days. Independent ARA diesel inventories – which include diesel and heating oil – were on average 2% higher in May than in April as a whole. Diesel inventories averaged 17.95 million bbl in May, a massive 54% increase from…
KEARNEY, Neb. For the first time in its history, the Kearney Police Department (KPD) will implement a new take-home vehicle program thanks to a $3 million donation from a local private foundation.KPD hopes this new addition will help improve its ranks.”We are always looking for ways to recruit and retain talented men and women to join the Kearney Police Department. Over the past few years, there have been challenges across the United States in recruiting and retaining new officers,” said Bryan Waugh, Kearney Police Chief.KEARNEY POLICE DEPARTMENT RECEIVES DONATION TO START POLICE ASSIGNED VEHICLE PROGRAMCurrently, only the marked cruisers that…
My regular mechanic advised me not to change the engine oil myself, explaining that the job requires a professional as the engine could easily be damaged. This is true? Changing engine oil is one of the most basic service routines and requires no specialized knowledge or skills. But you have to do it right. And often it is not, even for “professional” workshops. The irony is that many hobbyists do the job with enough competence and more diligence. And yes, doing it wrong can cause engine damage, ranging from barely perceptible to severe depending on what mistake is made. Here’s…
Masdar on Tuesday announced a deal to secure land in Egypt for the construction of what it said was Africa’s largest wind farm. The Emirati renewables company and its partners signed the agreement with Egypt’s New and Renewable Energy Authority, moving forward with the $10 billion project announced at the North African country’s holding of the Conference of the Parties (COP) of the United Nations last year. The wind farm can produce 47,790 gigawatt hours per year, displacing the equivalent of nine percent of Egypt’s annual carbon emissions, or 23.8 million metric tons, Masdar said in a press release. “The…
YOUNGSTOWN, Ohio (WKBN) – The city of Youngstown is celebrating Juneteenth with a series of events, including a Father’s Day Car Show. The car show will be held on Father’s Day, June 18, and will begin at noon. It’s happening in Community Alley, just below the Market Street Bridge. “Sunday is our most relaxed day, so we’ll have our car show, vendors. So you can come back, bring your lawn chair and have a good time,” said Leonard Carter, event organizer. Car enthusiasts can join the show by simply showing up on the day and paying a $25 entry fee.…
To say that Shell is one of the heavy hitters would be an understatement. The Anglo-Dutch company is ubiquitous and its roots go back to the mid-19th centuryth century when founder Marcus Samuel expanded his London antiques business to include the sale of oriental shells. The Shell Oil we know today was formed in 1907 and had revenues of more than $42 billion by 2022. As you’d expect, their product range is broad, with more than $1 billion annually invested in its research and development facilities and its engine. the oils reflect this commitment to quality. Most Shell motor oil…