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原文传递 WJ Editorial: Looking Ahead, With Optimism, To 2021

题名：	WJ Editorial: Looking Ahead, With Optimism, To 2021
正文语种：	eng
摘要：	After a year of severe trials, the long-awaited vaccines to the coronavirus are now being distributed, thanks to Operation Warp Speed. It may take months for enough of us to be vaccinated to blunt the spread of the virus and allow restrictions to be lifted, but the end is in sight. Congress is now debating whether the stimulus checks included in that bill should be increased. Our industry has several reasons to look ahead with hope. The omnibus relief bill, which includes the Water Resources Development Act as a rider, has been finally signed into law. It provides improved funding for many key waterways and port projects, including major dredging projects that should keep the dredging fleet humming for many years. Important waterways infrastructure projects will be speeded up. The oil industry's future is hard to forecast. The demand reduction from the coronavirus dropped consumption of world crude and liquid fuels to 92.4 million barrels per day (bpd) for 2020, a 9 percent drop from 101.2 million bpd at the same point in 2019, according to the Energy Information Administration. The price crash and refinery backups led to about 1.5 million bpd of refining capacity being taken off the market. An end-of-year report from Mitsubishi UFJ Financial Group Markets noted that the oil markets have been "tumultuous and disorderly over the last 12 months with long-lasting implications, as we begin to form new contours of normality towards a post-virus equilibrium."
出版年：	2021
期刊名称：	The Waterways Jouranl
卷：	134
期：	40