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Oil Prices Extend Fall as Stockpile Worries Resurface // Christian Berthelsen & Miriam Malek, Wall Street Journal
Oil prices extended their sharp selloff Thursday after U.S. supply data a day earlier showed swelling stockpiles and stubbornly high production, retreating from the $40-a-barrel range and dashing the view of bullish investors banking on the start of a reversal for the world’s crude oversupply.
The benchmark U.S. oil contract was down 3.2% at $38.54 a barrel on the New York Mercantile Exchange, while the global Brent benchmark was down 2.6% at $39.42 a barrel on the ICE Futures Europe exchange. The declines came on top of Wednesday’s 4% drop in the U.S. contract, its largest in a month, and a 3.2% decline in Brent.
Concern over growing oil stocks was triggered by U.S. Department of Energy data Wednesday showing U.S. crude supplies climbed by 9.4 million barrels last week, three times as high as the consensus estimate of analysts surveyed by The Wall Street Journal. U.S. production remained above 9 million barrels a day.
March 24, 2016
Who's Showing What at the New York Auto Show // Automotive News
You don't think of New York City as a place to cut loose with a supercar - but the city's auto show seems to draw buyers of those ultraperformance marvels.
Makers ranging from Audi to Nissan to Mercedes-Benz to bespoke maker Spyker will show high-powered offerings at Javits Center. Several other brands will be making statements.
Hyundai's new Genesis luxury brand offers a concept, Toyota will show the Prius Plug-in and Subaru brings the next-generation Impreza.
Here are some key debuts:
March 20, 2016
Will 3D Printing Be the Demise of Plastic Injection Molding? // Denny Scher, Manufacturing Tomorrow
Some observers of the plastics manufacturing industry, especially those with a vested interest, would like to have you believe that 3D printing is going to be the demise of injection molding. While there are certainly cases where 3D printing makes sense, the reports of the death of injection molding have been greatly exaggerated.
Plastic injection molding is a tried and true method of production that is in no danger of going away anytime soon. It is a basic, dependable method of producing high quality plastic parts. Despite recent improvements in the technology of 3D printing and those likely to emerge in the future, the fact is that more than 80% of plastic parts used in products today have to be injection molded.
The answer to the question, “Which manufacturing method is best for my part?” is, “It depends.” It depends on variables like quantity, quality and cost.
March 17 , 2016