Construction Economics for July 8, 2024

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics

Source: New feed

Truce May Be Underway in Big Golden Pass LNG Project Dispute

Zachry Holdings Inc. and project owners ExxonMobil and Qatar Energy submitted proposals to a Texas bankruptcy court in effort to resolve battle over payments, layoffs, stalled work and
leadership on the $10.5-billion project.

Source: New feed

Supreme Court Curtails Federal Rulemaking Authority

In overturning precedent set in the 1984 Chevron vs. Natural Resources Defense Council ruling, the high court said federal agencies can no longer interpret unclear federal law.

Source: New feed