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Steven Hollerbach, principal of Alcazar Energy Trading LLC, provides an insider's perspective on commodity trading and the critical function traders serve in maintaining energy market equilibrium. The discussion explores both physical and financial trading mechanisms, examining the split-second decisions that determine energy pricing, transportation, and delivery across the industry.

Louisiana Act 255 fundamentally shifts the leverage dynamic on public construction projects by prohibiting owners from withholding payment over disputed liquidated damages. Under the new law, public entities must pay contractors first and pursue delay claims through separate litigation, with significant financial consequences including attorney fee recovery and daily interest penalties for both parties. How will this statutory codification of prior court rulings reshape payment practices and dispute resolut

The Office of the U.S. Trade Representative has released its final tariff action under Section 301 investigations into forced labor trade practices by 60 U.S. trading partners, imposing duties of 10% to 12.5% that took effect July 24, 2026. The determination includes varying duty structures for different trading partners, with some duties stacking on existing rates while others are capped at combined thresholds, alongside hundreds of product-specific exclusions ranging from agricultural goods to semiconduct