Futures were little changed in New York and are up 4.8 percent this month, after rallying 9.4 percent in September. U.S. crude inventories probably declined for a fifth time in six weeks, according to a Bloomberg survey before government data due Wednesday. Saudi Arabian Crown Prince Mohammed bin Salman said last week that he backed prolonging supply curbs, following a similar endorsement by Russian President Vladimir Putin earlier this month. Global benchmark Brent crude this month topped $60 a barrel for the first time since 2015 on hopes the Organization of Petroleum Exporting Countries and partners including Russia will prolong their curbs aimed at eliminating a glut. Prices were also boosted by fighting between Iraqi government troops and Kurdish forces in the oil-rich Kirkuk region. Still, the potential for continued supplies from U.S. shale fields is a concern. Click Read More below for additional information.

Earlier this month we lost a paper industry legend and a dear friend to many.  This is a close-knit business we find ourselves in and the relationships we build stand the test of time.  And so, it was with Tom Gallagher. Affectionately known as Moose to his friends, Tom was born in Portsmouth, Ohio in 1947. He left us on July 5 at the age of 77.  He lived his live to the fullest and those who knew him can attest to that.  Tom attended the U.S. Naval Academy and graduated from The Ohio State University in 1977.  He remained a lifelong and loyal Buckeye.  Many of us got to know Tom as the sales leader at MEAD during the 80’s and 90’s where he spent a majority of his career.  After retiring from Mead Westvaco in 2003 he was recruited to work for the  West Linn Paper Company and subsequently finished his paper career at Port Hawkesbury.   Tom was larger than life in so many ways.  He filled a room with laughter and energy.  You would not find a more loyal friend and partner.  But you did not want to test his Irish temper.  He encountered physical challenges later in life and it never got him down.  His spirit prevailed and he was always ready for the call.  As the Irish say, “his likes will not be seen again”.  And so, we leave him to the rest of his journey and cherish the memories he created with us. Tom had 4 children and 9 grandchildren.  He was preceded in death by his wife of 55 years, Cheryl (Rice) Gallagher.  Safe home Tom Gallagher.

Carbon aerogels are ultralight, conductive materials, which are extensively investigated for applications in supercapacitor electrodes in electrical cars and cell phones. Chinese scientists have now found a way to make these electrodes sustainably. The aerogels can be obtained directly from cellulose nanofibrils, the abundant cell-wall material in wood, finds the study reported in the journal Angewandte Chemie. Supercapacitors are capacitors that can take up and release a very large amount of energy in a very short time. Key requirements for supercapacitor electrodes are a large surface area and conductivity, combined with a simple production method. Another growing issue in supercapacitor production—mainly for smartphone and electric car technologies—is sustainability. However, sustainable and economical production of carbon aerogels as supercapacitor electrode materials is possible, propose Shu-Hong Yu and colleagues from the University of Science and Technology of China, Hefei, China. Click Read More below for additional information.