Can The U.S. Cement Industry Keep Up With The $1 Trillion Infrastructure Bill?

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  • Опубліковано 19 сер 2021
  • Concrete is the foundation of just about everything. It's used to construct buildings, highways, bridges, roads and more. During the Covid-19 pandemic, concrete fell victim to the same phenomena affecting other essential materials and goods: snarled supply chains and labor shortages. And demand for concrete appears to have only increased after the Senate passed the $1 trillion infrastructure package. Watch the video above to learn more about the cement-concrete supply chain.
    Concrete is the foundation of just about everything. It’s used to construct buildings, highways, bridges, roads and more.
    During the Covid-19 pandemic, concrete fell victim to the same phenomena impacting other essential materials and goods: snarled supply chains and labor shortages. And demand for concrete - and its essential ingredient, cement - appears to have only increased, after the Senate passed the $1 trillion infrastructure package to upgrade America’s roads, bridges and tunnels.
    “In the short-term, we continue to have the supply chain difficulties, particularly in certain markets, and so prices are rising,” Anirban Basu, chief economist for the national construction industry trade association Associated Builders and Contractors, told CNBC. “So right now, apparently, supply is not rising up to meet demand.”
    The industry also faces labor shortages of skilled workers and truck drivers. And the recent housing boom means more demand for concrete and cement, putting more pressure on the industry to increase capacity.
    On top of all of this, there’s also a push to reduce the amount of carbon emissions that come from the industry. A study published by the National Academy of Sciences in 2019 estimates that global cement production accounts for 8% of global carbon emissions, making it the largest single industrial emitter of carbon dioxide.
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    Can The U.S. Cement Industry Keep Up With The $1 Trillion Infrastructure Bill?

КОМЕНТАРІ • 1,3 тис.

  • @FinancialShinanigan
    @FinancialShinanigan 2 роки тому +620

    There's no shortage of shortage videos.

    • @_icythebagchaser1088
      @_icythebagchaser1088 2 роки тому +7

      HOW ARE YOU EVERYWHERE

    • @simianwarthog
      @simianwarthog 2 роки тому +6

      And not enough overpopulation videos.

    • @johnlee9124
      @johnlee9124 2 роки тому +5

      There's no shortage of youtube views.

    • @erictovar2885
      @erictovar2885 2 роки тому +1

      True. It's just too bad they all seem to have an agenda other than educating.

    • @ok.ok.5735
      @ok.ok.5735 2 роки тому +1

      Well. What do you think would happen sending 70% of the work force home and call everything Non-essential work? Your gonna have shortages and a lot of bankruptcy. I mean its not taught in Econ-101 but it should be E-common sense!

  • @Maxyy40
    @Maxyy40 2 роки тому +707

    CNBC is just going to do a mini doc on everything the earth has a shortage of.

    • @TheLiamster
      @TheLiamster 2 роки тому +5

      Well there isn’t a shortage of anything in the universe. It’s just that humanity can’t extract them.

    • @The_Revolutionist
      @The_Revolutionist 2 роки тому +2

      @@TheLiamster
      Yet

    • @justinle998
      @justinle998 2 роки тому +9

      They did one on a sand shortage lol

    • @alexrubio7014
      @alexrubio7014 2 роки тому +1

      @@justinle998 I just watched it the other day

    • @rockets4kids
      @rockets4kids 2 роки тому +7

      @@CarEnthusiastContent there will be no shortage of cnbc mini-docs then!

  • @untitledphysicist3205
    @untitledphysicist3205 2 роки тому +849

    “As more millennials buy their first homes” you think millennials can afford homes? Funny joke

    • @refineme
      @refineme 2 роки тому +52

      As an “older” millennial I had a feeling the housing bubble would burst so I waited until 2009 and bought my first house (5 bed 3 bath) for $120k in a short sale. Got the $8k first time buyer tax credit, sold the house 5 years later for 310k.

    • @_OneSimon
      @_OneSimon 2 роки тому +18

      @Dank Dank Just like Millenials

    • @aavash123
      @aavash123 2 роки тому +8

      just bought my first home and know tons of people that bought homes. all born in the 90s.

    • @uchennanwogu2142
      @uchennanwogu2142 2 роки тому +23

      why are you acting like millennials are 17

    • @sejjr79ify
      @sejjr79ify 2 роки тому +29

      They call it the American dream because you have to be asleep to believe it

  • @miles5600
    @miles5600 2 роки тому +323

    So basically we have a shortage of almost everything

    • @mochiebellina8190
      @mochiebellina8190 2 роки тому +9

      Incuding good sense. The co^id scamdemic is still being touted by media.

    • @zion3335
      @zion3335 2 роки тому +4

      Marxist logic

    • @DelbertStinkfester
      @DelbertStinkfester 2 роки тому +3

      I used to hate being so short but now all of a sudden it's in fashion

    • @democratsareterrorists
      @democratsareterrorists 2 роки тому +8

      That’s how companies get record high profits just like lumber and drywall and steel create a fake shortage then cash in.

    • @damianrhea8875
      @damianrhea8875 2 роки тому +1

      Except for “LOVE”... LOVE has no limit to its supply - please ask Oprah & her very special friends !! Thank you. Have a nice day !!

  • @gteixeira
    @gteixeira 2 роки тому +45

    $900 billion will go for permitting, and just a zest of concrete will ever be poured.

  • @saulgoodman2018
    @saulgoodman2018 2 роки тому +85

    Is it that no one want to do it, or that no one want's to train?
    Every construction job that I see, they want you to have years of experience.
    And than want to pay under $20 an hour, for back breaking work.

    • @johnnydn6788
      @johnnydn6788 2 роки тому +5

      No true. Must be AOC SQUAD terror member. All the construction jobs are starting at $25 for no experience. Unless you live in Socialist areas where rioting and race baiting are the biggest job creaters

    • @maybethisismarq
      @maybethisismarq 2 роки тому +32

      @@johnnydn6788 there’s always someone who wants to bring politics into the conversation. Please leave politics out of this

    • @saulgoodman2018
      @saulgoodman2018 2 роки тому +18

      @@johnnydn6788 That's the first answer people go to. They will never think of any other reason why.
      Go on indeed and see how much they're paying, and how much experience they ask for.
      Keep your politics out of it. It have nothing to do with anything.

    • @inorite4553
      @inorite4553 2 роки тому +12

      @@johnnydn6788 wait....I was supposed to get paid when I protested against police abuses?????

    • @Pssst.ByTheWay
      @Pssst.ByTheWay 2 роки тому +10

      @@johnnydn6788 how much does rioting pay? what are the long term advancement prospects? medical? just going full out ham sounds like fun. just go baserk, ape sheet.

  • @doomtomb3
    @doomtomb3 2 роки тому +568

    business: "we want more cheap laborers"
    meanwhile: "everybody should go to college"

    • @halo3soap114
      @halo3soap114 2 роки тому +90

      People forget trade work sucks and often doesn't pay that much for the amount of work you do. Sure union and specialties is compensated well, but why would you want to break your back pouring concrete when you can sit a desk doing real work 30% of the time. Even then you'll still never be able to afford a house or decent life.

    • @LeeeroyJenkins
      @LeeeroyJenkins 2 роки тому +33

      @@halo3soap114 Need more adult immigrants for more labor. Their children are usually the most hardworking people you can find, and excell in school.

    • @ricecakeboii94
      @ricecakeboii94 2 роки тому +26

      Afghan refugees.

    • @marczhu7473
      @marczhu7473 2 роки тому +3

      @@LeeeroyJenkins Depend on countries look at pisa test USA succeed when most others fail so hard. and migrant are a - for them.

    • @AndrewMellor-darkphoton
      @AndrewMellor-darkphoton 2 роки тому +8

      Go to college to make robots

  • @Andrew-wo8nk
    @Andrew-wo8nk 2 роки тому +61

    Good thing most of this bill wont require any Concrete.

    • @alexanderleslie4226
      @alexanderleslie4226 2 роки тому +4

      Exactly!!

    • @NeonNotch
      @NeonNotch 2 роки тому

      Concrete won’t be needed to rebuild / build concrete roads?

    • @alexanderleslie4226
      @alexanderleslie4226 2 роки тому +8

      @@NeonNotchConcrete roads?? Listen just go back to sleep it's OK really you're out of your depth.

    • @aguyfromnothere
      @aguyfromnothere 2 роки тому +5

      The one they passed 2 months ago was supposed to be infrastructure...and it was just pork for democratic friends. This will be the same. Just paying off interest groups and supporters.

    • @NeonNotch
      @NeonNotch 2 роки тому +1

      @@aguyfromnothere That sounds like a blatant lie. Do you have a credible source to substantiate that claim?

  • @No0dz
    @No0dz 2 роки тому +6

    Civil engineer here. Props for clarifying the difference between concrete and cement. Too many trendy videos don't make this clear

  • @listen1st267
    @listen1st267 2 роки тому +189

    CNBC: "Calcium carbonite"
    Lol you mean calcium carbonate? I didn't know we were freezing Han Solo in limestone 😂

  • @Rommie26
    @Rommie26 2 роки тому +128

    It’s 2021 and we still gotta repave roads every 2-3 years
    Can’t someone invent a roadway that won’t crack over time 🙄

    • @-.TS.-
      @-.TS.- 2 роки тому +22

      If there’s no endless traffic and construction on the road. Then I don’t want to drive! - America

    • @listen1st267
      @listen1st267 2 роки тому +33

      We only repave the roads because everyone wants the smoothest road possible with no blemishes. You don't need to repave a brick road but most people don't like driving on brick roads. Also, if we've constantly repaving and repairing, it supports a lot of jobs around the country. If you make something that doesn't need to be replaced, that job will become obsolete

    • @Rommie26
      @Rommie26 2 роки тому +11

      @@listen1st267 who cares about jobs
      They’ll find other work
      AI and robots will soon take over anyways and that’ll be less stress for us

    • @nadda96
      @nadda96 2 роки тому +43

      Roads are repaved all the time cause they’re made from asphalt, if they were made of concrete they wouldn’t have that issue
      But most roads must be built with asphalt because it would be outrageously expensive to pave all roads in the US with concrete
      Asphalt just breaks down quicker

    • @nczioox1116
      @nczioox1116 2 роки тому

      Yes but bit cheaply

  • @sejjr79ify
    @sejjr79ify 2 роки тому +59

    There was no mention of high speed rail in the infrastructure package and that’s unacceptable when our competitors on the economic stage build it

    • @rajashashankgutta4334
      @rajashashankgutta4334 2 роки тому +10

      US doesn't have the necessary population density for high speed trains.

    • @jaik195701
      @jaik195701 2 роки тому +2

      It’s a boondoggle

    • @prefersoxygen9373
      @prefersoxygen9373 2 роки тому +4

      High speed moves people not heavy materials. Yes, they're cool, but our society does not need them. Besides what good is a high speed line if it has to stop every 50 miles?
      Just look at all the stops on the Acela along the eastern seaboard.
      Fix the roads and power structure first

    • @dinokknd
      @dinokknd 2 роки тому +10

      @@prefersoxygen9373 Provide the public transport, and the need for said road reduces. Every person in a car takes up more space than 10 in public transport, simply by being in said car.

    • @prefersoxygen9373
      @prefersoxygen9373 2 роки тому +2

      @@dinokknd no kidding, so you are willing to add a dedicated track for it?
      Destroy more land,build more bridges, imminent domain more houses, pollution etc
      You'll have one track for one train that must go to end to end
      We already have acela.
      Why do you think it failed in California ? Just for all the reasons I stated
      Sounds cool, but no one wants it in their backyard.
      High speed is useless, that's why it does not exist here.

  • @jimurrata6785
    @jimurrata6785 2 роки тому +137

    "Invested 2.5M € in this eco-concrete venture"
    McAfee's weekend party budget was bigger that that! 🤣
    Who the hell are they kidding?

    • @jimurrata6785
      @jimurrata6785 2 роки тому +1

      @@notknown1 I agree that we need to rethink cement production.
      Concrete is ubiquitous (and even necessary) in the world today.
      It would help so much if there was a process that didn't waste as much heat and could use calcium that isn't already bound to carbon.
      But calcium carbonate (marble, chalk, limestone) is cheap and common.

    • @utmbunderground
      @utmbunderground 2 роки тому +3

      I literally laughed out loud. It was hilarious. They list three of the world's richest men and then laud the 2.5M investment. That's literally a 2.5M PR move.

    • @eng3d
      @eng3d 2 роки тому +1

      @@notknown1 You are not bet in your life, are you?. If you are sure on a bet, then you bet hard. If you are not so sure, then you bet safe. If you are completelly sure that it will backfire, but you must bet, then you bet spare change, and that is this case.

  • @timweiler4095
    @timweiler4095 2 роки тому +82

    Creating shortages to generate max profits is the name of the game.

    • @uchennanwogu2142
      @uchennanwogu2142 2 роки тому +3

      who created shortages, you seem to not understand economics

    • @uchennanwogu2142
      @uchennanwogu2142 2 роки тому

      @@truck6280 what greed, having no shortages and selling more goods would make more money

    • @TheDimanoid999
      @TheDimanoid999 2 роки тому +2

      Demand is high! Shortages aren't made artificially, they happen when there is more demand then production resources. All my relatives and their friends who work in construction say that they are overflooded with orders for new houses. They apready have risen the prices that offer, so that they could at peast earn well in this period. But customers still keep coming, despite the price being already high. People who had limited resources and wanted a house, wilp have to wait another 10 years until things normalize.

    • @uchennanwogu2142
      @uchennanwogu2142 2 роки тому

      @@deesus1085 because consumers will leave your products

    • @sleepingbanshee_
      @sleepingbanshee_ 2 роки тому +1

      @@TheDimanoid999 In my country, ranch owners throw vegetables and fruits when price is very low so the price go 3x higher to ship.

  • @picklerix6162
    @picklerix6162 2 роки тому +69

    Most of the money allocated for “infrastructure” will not be spent on infrastructure.

    • @tx3973
      @tx3973 2 роки тому +10

      That is 1000% accurate 🤝🏽

    • @Superb_Legend
      @Superb_Legend 2 роки тому +7

      Yep my thoughts exactly

    • @Johnnyapppleseed
      @Johnnyapppleseed 2 роки тому +8

      I think 5% goes to roads and bridges, honestly only 50 billion dollars

    • @hikl223
      @hikl223 2 роки тому +3

      We spent more money bombing the TalibaN for Big Pharma🤷‍♂️

    • @MrTommyboy68
      @MrTommyboy68 2 роки тому

      ONE TRILLION DOLLARS will NOT begin to cover JUST the roads and bridges that need repairing. ONE TRILLION DOLLARS will NOT begin to cover the costs of upgrading our water and sewer systems. ONE TRILLION DOLLARS will NOT begin to cover what is required to upgrade our electrical grid. We have let the whole shooting match go to Hell in a handbasket by kicking the can down the road. Remember Barry's "shovel ready projects" that were bogged down with permits, environmental studies, and greasing the proper palms? Great idea, but greed killed most of the projects. Even if all the red tape was eliminated, the local constituents would HOWL because they destroyed a one eyed newt habitat. There is no winning.

  • @prosperhilary8938
    @prosperhilary8938 2 роки тому +41

    *Despite the economic crisis, this is Still a good time to invest in Gold and Crypto*

    • @findn3955
      @findn3955 2 роки тому +3

      The rich spend less and invest more

    • @fredwilliams7312
      @fredwilliams7312 2 роки тому +2

      @Sammy Hagarye You're right I think Gold and Crypto are the best to invest right now☺️

    • @evelynkai2957
      @evelynkai2957 2 роки тому

      Gold's are good but crypto is better

    • @abrahamsaheed1435
      @abrahamsaheed1435 2 роки тому

      I wanted to trade crypto but got confused by the fluctuation in price

    • @beatrizcatia3449
      @beatrizcatia3449 2 роки тому +1

      @@abrahamsaheed1435 That won't bother you if you trade with a professional like Mr Steven Harrison

  • @mariankeller5852
    @mariankeller5852 2 роки тому +11

    I doubt it..I worked in construction for 30 years..in the early 2000's there was a cement shortage because our products were being shipped to China for a bridge project that almost shut our construction down

  • @HepCatJack
    @HepCatJack 2 роки тому +9

    Calcium carbonite (chalk) is in egg shells, sea shells and bones. Egg shells can be collected from restaurants and curb side collecting, sea shells (from clams or oysters ) sea food restaurants, bones from rendering plants or butcher shops. Burning converts the shells, egg shells and bones into a material called calcium oxide or quicklime.

    • @dennismitchell5276
      @dennismitchell5276 2 роки тому +4

      I'd be interested to know how many eggs go in a mile of freeway.

  • @nunyabidness3075
    @nunyabidness3075 2 роки тому +18

    The concrete business has been doing everything “big oil” has been accused of for decades. People are just ignorant of it because they don’t buy it all the time.

  • @satinderchadha480
    @satinderchadha480 2 роки тому +5

    I have worked from 2003 to 2007 with a compressor spares and service company and their main customers were cement industries. There are lot of improvements that can be done and it is possible to save a lot of energy.

  • @DotADBX
    @DotADBX 2 роки тому +16

    Unskilled labor should probably be making 35 to 40 an hour at this point and skilled labor should be around 50 to 60 an hour to meet the living needs so we can maintain a similar life style to our parents.

  • @victorsalinas3891
    @victorsalinas3891 2 роки тому +7

    Currently im working on 5 different highway projects at texas all of them are struggling with truck drivers. Every batch plant is shorthanded, and the ones that remain work crazy hours. Sometimes we wait up to 4 hours for drivers to be free and get concrete to the jobsite.

    • @truck6280
      @truck6280 2 роки тому +4

      Its because y’all aren’t paying enough . Pay higher and I guarantee the truckers will come

    • @victorsalinas3891
      @victorsalinas3891 2 роки тому +1

      @@truck6280 they don't work for me, they work for the batch plants, i dont know what kind of wages they are getting. I'm just saying that once all this gets signed the batch plants would have a hard time keeping up since they are struggling already.

  • @redhairdavid
    @redhairdavid 2 роки тому +2

    every problem here comes down to "we dont want to pay people enough so the owner can have another yacht"

  • @sheldonpopesp
    @sheldonpopesp 2 роки тому +30

    Shortage of skilled workers just means they aren't paying enough. It's demand and supply.

    • @MuddinNYC
      @MuddinNYC 2 роки тому

      That's company slogan for give us a handout to hire people. Basically encourage the govt to get young people to enter the field so they go from 1 job per person wanting a job to 50 people wanting a role for 1 job. Pay goes from livable to minimum.

    • @Toshinben
      @Toshinben 2 роки тому

      Well cement working is a mostly male field, and the young women all seem to be going after the movie star types.

  • @Mantaracer
    @Mantaracer 2 роки тому +36

    Are we going to run out of dirt next? 😲

    • @a.m.doesit9347
      @a.m.doesit9347 2 роки тому +10

      isnt there a sand shortage already? haha

    • @misao3004
      @misao3004 2 роки тому +4

      We’re running out of water
      I’m running out of time

    • @MatthewStinar
      @MatthewStinar 2 роки тому +2

      Saudi Arabia is running out of sand. Look it up!

    • @frankd8957
      @frankd8957 2 роки тому +3

      Sand is in short supply.

    • @jimmygrant424
      @jimmygrant424 2 роки тому

      @@frankd8957 yes there's an excellent doc on here called Sand Wars

  • @AZ-ev3vp
    @AZ-ev3vp 2 роки тому +6

    Yall stressing me out every week … what do we got ? 😂

  • @braedonshelton2305
    @braedonshelton2305 2 роки тому

    These are such interesting videos. Keep it up!!

  • @elblee
    @elblee 2 роки тому +2

    Most of the cement is imported from overseas. Last year alone, cement import amounted to over 17 million meters tons value at 1.43 billion dollars.

  • @ismailnyeyusof3520
    @ismailnyeyusof3520 2 роки тому +12

    I still remember when we had a glut of cement. Ex-cement manufacturing company staff here.

  • @bradleysmith3284
    @bradleysmith3284 2 роки тому +3

    There was at one time a swath or gypsum that stretched from western Georgia 50 miles wide, to west Texas 500 miles wide.

  • @TedToal_TedToal
    @TedToal_TedToal 2 роки тому +5

    I would’ve like to hear more about what could be done to reduce CO2 emissions from concrete production.

  • @afterthesmash
    @afterthesmash 2 роки тому +3

    6:40 The WHOLE POINT of a price system in a free market is to communicate resource stress so that end consumers make informed decisions to adapt consumption. Those "frustrated home buyers" can assuage themselves by taking any basic course in economic theory.

    • @link10909
      @link10909 2 роки тому

      People need to understand some basic economics, shortage caused prices increases will spike and as supply catches up go down again. Bubble caused prices will grow and then crash dramatically. Inflation price increases will continue to grow and not come down. This is why serious discussions about covid/covid spending are so concerned about inflation but not concerned about the blip in lumber prices for example.

  • @musk4mars116
    @musk4mars116 2 роки тому +7

    Was there ever a clear description of concrete vs cement? Showing images of concrete while discussing cement went a long ways toward lack of clarity.

    • @sn5301679
      @sn5301679 2 роки тому +2

      2:24

    • @edward1937
      @edward1937 2 роки тому

      Cement is the powder the stuff in bags. cement+water=concrete the stuff you lay/spread

    • @lukacsnemeth1652
      @lukacsnemeth1652 2 роки тому

      @@edward1937 you are missing the aggregate.

    • @etheral9027
      @etheral9027 2 роки тому

      cement plus sand plus/minus aggregate (gravel) then add water = CONCRETE; Ratios determine strength, setting time, cost . Just remember the romans were doing concrete 2000 years ago, also in great wall of china.

  • @woodworksparadise6036
    @woodworksparadise6036 2 роки тому +11

    It kills me when any report talks about any kind of shortage, as I remember watching t.v. shows ten years ago that showed all the surplus we have, and said if production of goods stopped today, we'd have enough surplus supply in all these goods to last us up to three years. These shortages are self driven, and a lot of the surplus supply is being allocated to give to whom ever us controlling all the water... thats whats really happening.

    • @vylbird8014
      @vylbird8014 2 роки тому +3

      Ten years ago, a lot of industry was just finishing up the change to just-in-time processing. It's more efficient when done right, because it saves on storage costs and wastage, but it's also very susceptible to disruption.

    • @MatthewStinar
      @MatthewStinar 2 роки тому +5

      We wouldn't have such a shortage of labor if we stopped disparaging laborers and paid them adequately. Instead of budgeting correctly for labor, executives are buying second yachts and third mansions.

    • @ahandsumguy
      @ahandsumguy 2 роки тому

      @@vylbird8014 Exactly. Number crunchers determined that keeping things in stock for as short of time as possible was a good way to increase profits. But they created issues with filling orders on time when any portion of the supply chain is disrupted. Normally this would drive customers away, but everyone is doing it now. As such, they don't have to worry too much about customer loyalty issues.

  • @xp9792
    @xp9792 2 роки тому

    As a former President of one of the largest chapters of the American Concrete Institute (ACI), I have no dought that the industry will step up to meet the demands as we always have. Concrete has been used for over 3,000 years to build the foundations and major structures of the world. Which, by the way, has an abundance of the raw resources for it's never ending demand. We merely change its composition to advance our cavillation. There is NO other material as versatile, durable and as economical as concrete!

  • @jeffk9405
    @jeffk9405 2 роки тому

    We do not have shortage of cement to make concrete. What we do have is a shortage of labor to produce, deliver and place cement/concrete. Concrete companies can make more than can be placed at this time. Placing concrete is a very physically demanding job that very few people want to do. Long hours, no breaks and bent over all day long. I have an extreme amount of respect for the guys and gals who work producing, delivering and placing concrete. The people who operate the pump trucks are the first onsite and usually the last to leave. I framed houses for over 15 years before I became a general contractor building houses. Don't get me wrong as framing is also very physically demanding work but more enjoyable in my opinion.

  • @abenjamin13
    @abenjamin13 2 роки тому +16

    And that’s why the water 💧 cycle is so messed up for trees 🌲 and other plants because of the concrete jungle we have created blocking the water.

    • @enerzise3161
      @enerzise3161 2 роки тому +2

      Do you realize the water goes into gutters and ditches and streams, lakes, rivers and the ocean? It is called The Cycle OF Life. You are claiming the 🌲🌲🌲trees 🌲🌲 in the forests have no water 💧 due to concrete in the Cities. FIY the Concrete is not in the 🌲🌲🌲Forests🌲🌲🌲 to hinder them from getting rain water. The 🌲threes in the suburbs and cities get watered by people with hoses that give water from the city water supply that comes from recycled water and also water form the gutters and from the rivers, lakes and sometimes desalinization of ocean water.
      They just charged a libtard College Professor for starting up to 10 fires in California.
      Appears he wanted to try to force people to panic over Climate Change. Well that would be Leftist Forced Climate Fires as he created a Climate of Fires that were Man Made because he thought the Climate was not doing it fast enough.
      How much of the USA do you think is covered by buildings? Only 1.1%
      0.15% of the world is Paved.
      You think less than 1.15% of the world rain is being blocked? NOPE!
      In the USA about 68% of the roads are paved.
      Of the roads paved most have run off into grasslands, ditches or ponds.
      Surely you do not think less than 1% water loos is having such a devastating affect on trees. If you look at the 65 million year Earth Temperature Graph you will see the earth is overall cooling and for hundreds of thousands of years the climate cycles have been getting more and more erratic. Long before humans. Search for 6.5 Million Year Earth Temperature Graph and click on Images to find it.
      You can also look at the NASA 850,000 Year Earth Temperature Graph and click on Images to find it. You see it was hotter 125,000 years ago and hotter before that cycle also. It also was colder several times in the past than it is now and also about the average temperature, so same as it is now. They are called the Milankovitch Cycles. They are caused by the changing earth orbit, changing position of earth to the sun and changing sun cycles and moon orbits. Those have 99% of the effects on earth climate. Not humans. Human Co2 is just 0.009% of the earths atmosphere. The Co2 is 0.0413% of the Atmosphere. The Co2 is 413 PPM which is 0.0413% and Nitrogen is 79% and Oxygen is 21% of the earth atmosphere. This is real earth science and can easily be verified.
      The greater threat is the horrible modern diet.
      The plastics contamination of the soil, rivers, lakes and oceans.
      The micro plastics contamination in drinking water or all species on earth.
      The pharmaceutical contamination of all the drinking waters on earth.
      The contamination of foods and soils by Monsanto Corporation.
      The delusional education system on earth that is rejecting science and stable traditions.
      Stable Traditions used by Humans, Honey Bees, Ants and other Colonizing Species.

  • @diakosmos1424
    @diakosmos1424 2 роки тому +8

    3:13:
    It's calcium carbonATE, not calcium carbonITE.
    Calcium carbonate: CaCO3
    Calcium carbonite: CH2CaO2
    Maybe nobody takes chemistry anymore?

  • @rufinoalonzo8260
    @rufinoalonzo8260 2 роки тому +1

    I’m just a finisher from Cali and I need this for my job

  • @taylormarlowe6048
    @taylormarlowe6048 2 роки тому +11

    It would be interesting to see the shortages affecting the paint industry

    • @DelbertStinkfester
      @DelbertStinkfester 2 роки тому +1

      LOL...I just tried to buy some Emerald Urethane Door and Trim paint from Sherwin Williams and guess what...They were all out and don't know when they'll be getting more

    • @taylormarlowe6048
      @taylormarlowe6048 2 роки тому +3

      @@DelbertStinkfester I work for Sherwin-Williams. It's a very stressful situation for customers and staff.

    • @StrangeTerror
      @StrangeTerror 2 роки тому

      I used to be a painter, what's going on Taylor? Why couldn't I get paint!?!?

    • @taylormarlowe6048
      @taylormarlowe6048 2 роки тому +1

      @@StrangeTerror a perfect storm. Raw material plants were destroyed in February in Texas. So Raw material shortages. Shipping container shortages. Labour shortages. All leading to reduced capacity. Everything is reopening and demand has sky rocketed

    • @StrangeTerror
      @StrangeTerror 2 роки тому +1

      @@taylormarlowe6048 Well, I was honestly joking when I asked what happened but yea... That would explain it.

  • @boboutelama5748
    @boboutelama5748 2 роки тому +3

    "it turns into a material called klinker"... and then the fleeb is cut from the plumbus

  • @Patriciacraig599
    @Patriciacraig599 2 роки тому +66

    Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.

    • @Alejandracamacho357
      @Alejandracamacho357 2 роки тому +3

      It is not always fear. Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value.

    • @emilyfranklin8190
      @emilyfranklin8190 2 роки тому +3

      @@Alejandracamacho357 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name SAMANTHA LEIGH WENTLAND and everything changed. I started enjoying huge returns from my investment.

    • @PhilipMurray251
      @PhilipMurray251 2 роки тому +1

      @@emilyfranklin8190 Really? Well, I used to have a professional but his license was withdrawn along the line, so I continued on my own. Anyway, how can I reach your adviser or someone as good?

    • @emilyfranklin8190
      @emilyfranklin8190 2 роки тому +1

      @@PhilipMurray251 Just visit her page on line. Her details are there on her site.

    • @ndaatweg00
      @ndaatweg00 2 роки тому

      This is a great clickbait feed, dont know where this came from?

  • @ericbader
    @ericbader 2 роки тому +13

    Quit paying slave wages!!!!
    Also, quit disrespecting workers and introduce technology to make construction work more ergonomic.
    Also a real sickening thing is people encouraging others to get into trade work so they can have cheap services, but not encouraging their own children to.

    • @Pssst.ByTheWay
      @Pssst.ByTheWay 2 роки тому +2

      i heard that and it made me mad too.
      so said the man sitting at a comfy desk. If he thinks shoveling rocks and paid peanuts for it is so great. why isnt he shoveling the rocks himself. and im not gonna kid , anyone that has done conszruction know project hardly ever on finish on time. a large part is getting ragged on by customers, fomen, etcetc. go faster and cheaper. its no fun that.

    • @emrahtestere5372
      @emrahtestere5372 2 роки тому +1

      This is really what i feel too, but couldn't express due to language barrier. Thank you for putting my emotions into words.

    • @swampliger8770
      @swampliger8770 2 роки тому

      Slaves don't get wages🤔 that is what china does we pay people enough to be in the top ten percent of the world right now so it's a matter on how you look at it we do need more cheap labor that is not evil if the work isn't worth 20 a hour among 15 guys throwing concrete the job would cost alot more and it would be harder to get for normal people who need concrete poured. The reason the dollar is less valuable then 60 years ago is the government printing more and taking out loans to pay for things to keep people voting for them. Just imagine slave wages here makes you a king in some other countries 🤯🇺🇲🇺🇲🇺🇲🇺🇲

    • @swampliger8770
      @swampliger8770 2 роки тому

      Oh yeah the bill doesn't actually have a trillion for "infrastructure" more like 1/4 the rest is just bailouts for people who can't balance there budgets like grownups

    • @ttuliorancao
      @ttuliorancao 2 роки тому +1

      @@swampliger8770 what's the difference of paying you in food rations or paying you so little you are able to only buy food? Both are slavery

  • @Chedring
    @Chedring 2 роки тому +2

    "We want more college grads but need more skilled trade labor".
    "College guarantees you a better job, the massive debt is worth it!"
    "We want to pay workers less so we need more immigrant labor".
    "Don't want to break your back doing labor? Get a better job wageboi".
    "Why are young people so lazy and not taking these body-destroying jobs?".
    "Automation is terrible and people lose their jobs to it, btw we are in a labor shortage".
    "We are in a labor shortage because no one wants to work, totally not because of stagnating wages and rising cost of living".

  • @FabioTheGreat
    @FabioTheGreat 2 роки тому +4

    “The process is still the same “ 😂

  • @matthewgibbs6886
    @matthewgibbs6886 2 роки тому +8

    considering there is very little actual infrastructure in the bill sure

  • @darioramirez7519
    @darioramirez7519 2 роки тому

    Nice video. It's gratifying to see reports about the situation of this important industry and see that our work as researchers in cement sustainability is more necessary than ever... Maybe people can't magnificence the real numbers when are presented in scientific terms. In terms of concrete global production, a new New York city is manufactured every day, now imagine the global and local environmental impacts that this means. Regards!

  • @frankw7266
    @frankw7266 Рік тому +1

    Well.... this certainly didn't age well. Here it is a year later, and the situation is about as far from "equalized" as you can get.

  • @frankd8957
    @frankd8957 2 роки тому +8

    EPA rules make it difficult to manufacture cement in the US. So if we import cement from a foreign country with lax emissions laws, is the earth better for this?

    • @utmbunderground
      @utmbunderground 2 роки тому

      Back when I was still in engineering, we used to run into this all of the time. That isn't a new thing, unfortunately.

  • @StreamSonic
    @StreamSonic 2 роки тому +19

    Me, a civil engineer: We are on shortage of concrete that we could not finish work on time.
    Clients: Understandable. Let extend due date.
    Me:(It's slack off times hahaha.)

  • @mikerock8177
    @mikerock8177 2 роки тому +1

    We need to redo our whole different structure and a lot of places every train track to be able to fit an 18 wheeler under it and every bridge

  • @kane3683
    @kane3683 2 роки тому

    I'm a bulk driver for a major ready mix company. Currently, loads are on assignment only. It's getting crazy

  • @YABBAHEY1
    @YABBAHEY1 2 роки тому +4

    "We're running out of rocks,... um...& drivers. It's awful we have to raise concrete prices"
    (hey, worked for the lumber industry) gimmy

  • @PressKevinToContinue
    @PressKevinToContinue 2 роки тому +11

    It'll get more expensive, there's a fresh batch of 1 trillion dollars 🤑 Good time to be a construction manager

  • @paxundpeace9970
    @paxundpeace9970 2 роки тому +1

    When demand is steady supply will follow. But it will take same time.

  • @JeffreyQJones
    @JeffreyQJones 2 роки тому +1

    Good thing there is only 5 bucks for concrete in that 1 Trillion infrastructure package

    • @seanthe100
      @seanthe100 2 роки тому

      I don't think when you come up with a project there's a specific breakdown of exactly how much will be spent on concrete.

  • @TheWorldofSam
    @TheWorldofSam 2 роки тому +4

    So... how would you cope when you actually start building your homes with cement and not sticks?

    • @insolventsolver
      @insolventsolver 2 роки тому

      you realize concrete (not "cement, which is just an ingredient of concrete) is not invincible, right? water intrusion destroys concrete just like it does wood, and in extreme climates like the american north, where it's -20 in winter and 100 in the summer, concrete cracks and rebar rusts very quickly - you'll almost never see fully concrete buildings in some places for good reason. if it were superior in every situation, it'd be built with more. not to mention that it is about as unsustainable as a material gets. get a clue before you start talking out your ass, friend.

    • @TheWorldofSam
      @TheWorldofSam 2 роки тому +3

      @@insolventsolver Do you need a bucket for your tears?

    • @Krazie-Ivan
      @Krazie-Ivan 2 роки тому +1

      @@insolventsolver ..."if it ADDED MORE PROFIT MARGIN in every situation, it'd be built with more." -fixed it for ya. there are several concrete formulations/admixtures (crystalline/densifiers/polymers/etc) which are waterproof. also, waterproofing membranes are a thing, obviously, otherwise stick homes wouldn't survive 6mo in some regions. sustainability is also measured in usable service time. now, who was it that didn't have a clue?
      i'll take the worst built ICF home over a "quality" stick-frame in ANY location, every day of the year. enjoy your bugs/storms/earthquakes/fires/tornadoes/hurricanes/extreme heat/extreme cold/massive energy consumption/high noise levels/constant maint/short lifespan/disposable/out-of-square/weak shacks.

  • @juan08sporting
    @juan08sporting 2 роки тому +5

    The US schooling system hammers in that going to college is the best but dont realize some people are more hand on learners. They also don’t realize that people in the trades make 65k-90k as a regular worker and 90-130k as a top worker or foreman. These kids end up going to college and go for a year or two or worse they get a degree that is worth nothing because they were steered in that direction instead of learning a trade.

    • @veganpotterthevegan
      @veganpotterthevegan 2 роки тому

      College shouldn't have tuition. And people shouldn't be educated purely to make money

    • @ndaatweg00
      @ndaatweg00 2 роки тому

      Not to mention it is cheaper to go to trade school and if you have a union you have further support

    • @veganpotterthevegan
      @veganpotterthevegan 2 роки тому +1

      @@ndaatweg00 Trade work is important. But less and less of it will be needed over time with technology getting more and more reliable and replacing humans

    • @ndaatweg00
      @ndaatweg00 2 роки тому

      @@veganpotterthevegan 100%

  • @Jimmy-B-
    @Jimmy-B- 2 роки тому

    Seeing that thumb reminds me of when i got cement burns on my ankles when i was a teenager. Couldn’t walk for a week

  • @Fuzzyvision777
    @Fuzzyvision777 2 роки тому

    Every video complains about a shortage in the trades and trucking but don't actually try to figure out WHY THERE IS A SHORTAGE. Most people in or who just left the industry knows well how we got here.

  • @lawsonj39
    @lawsonj39 2 роки тому +11

    You're telling me the Romans who constructed the Colosseum heated their cement to 2800 degrees? Not likely.

    • @veganpotterthevegan
      @veganpotterthevegan 2 роки тому +7

      Not all cement is created equal. And not all cement is meant to meet the same standards

    • @MuddinNYC
      @MuddinNYC 2 роки тому +9

      You can make cement at significantly lower temps. The Romans used seawater instead of heat. This makes their cement actually last longer but takes significantly longer to make.

    • @lukacsnemeth1652
      @lukacsnemeth1652 2 роки тому +3

      actually yes. roman concrete was made from vulcanic ashes. check en.wikipedia.org/wiki/Pozzolana

    • @MuddinNYC
      @MuddinNYC 2 роки тому +1

      @@lukacsnemeth1652 Volcanic ashes were cool when used by the Romans... Volcanic ashes just means anything that came from an eruption. They didn't go into a volcano to make it. Volcanic eruption could end up miles from a volcano actually. The Romans did not use high heat in cement. They only cooked their cement to 900 C.

    • @veganpotterthevegan
      @veganpotterthevegan 2 роки тому +1

      @@lukacsnemeth1652 Volcanos don't get up to 2800 degrees. Not that they have to for ash

  • @ShakespeareCafe
    @ShakespeareCafe 2 роки тому +11

    Cement production is the most energy-intensive manufacturing process. It's got to heat it to remove the water and then they add water to make it harden. How nuts is that?

    • @KRYMauL
      @KRYMauL 2 роки тому +1

      I mean it makes sense because you need to mix everything and in order to mix rocks you need heat and water is the enemy of heat. If you need proof of this go look at any active volcano and watch as the molten rock solidifies as it touches water.

  • @dsl145
    @dsl145 2 роки тому +1

    Let's just ignore that $3.5T is what the size that the infrastructure plan should be...

  • @ctfpd09
    @ctfpd09 2 роки тому +1

    Actually, potable water is supplied either through Ductile Iron Pipe (DIP) or Asbestos Concrete pipe (AC). Storm water is typically carried through Precast Concrete Cylinder Pipe (PCCP). Sanitary sewer is carried through plastic pipe, typically SDR-35, SDR-36, or C-900. C-900 can also carry potable water as well.

    • @ooooneeee
      @ooooneeee 2 роки тому

      Thank you for your insights

  • @moodtherapist
    @moodtherapist 2 роки тому +4

    They need to talk to Versarien (VRS). They make graphene enhanced concrete which is 40% stronger and 4 x less water ingress. Adding a small amount of graphene allows you to use up to use 30% LESS CONCRETE for any given project.

  • @headfirst6227
    @headfirst6227 2 роки тому +7

    Wow. I cannot tell you how impressed I am with this sustainable new economy. Homer has really outpaced all expectations.

    • @veganpotterthevegan
      @veganpotterthevegan 2 роки тому +1

      Nobody is willing to increase taxes enough in the country

  • @mateowannacomedyremasterz6605

    This is one of the many reasons Govt action pushes prices higher

  • @bryantg1412
    @bryantg1412 2 роки тому

    Well, looks like I got mucho trabajo…
    I love it.
    Just build.

  • @enij1657
    @enij1657 2 роки тому +5

    We need a better alternative to concrete. During summer floors get hot to where you can burn yourself and it's heating the air up more.

    • @prefersoxygen9373
      @prefersoxygen9373 2 роки тому +1

      Sun heats up everything in the summer, even the most reflective and uneven surfaces, for example Sand
      Maybe you should plant grass over your floors🤣🤣

    • @vylbird8014
      @vylbird8014 2 роки тому

      You could fix the heating problem with a simple color change. But people don't want that. Do you want to paint the roof of your house white? Even if you did, would the neighbours stand for it? Local government might even get involved with a building regulation that mandates certain roof colors.

    • @brian2440
      @brian2440 2 роки тому

      I mean there’s a reason why the material has literally been used for 2,000+ years

    • @enij1657
      @enij1657 2 роки тому

      @@brian2440 to what extent? Too much of it is used today.

    • @enij1657
      @enij1657 2 роки тому

      @@prefersoxygen9373 not to the extent it does concrete and it's everywhere.

  • @itsme4g63dc8
    @itsme4g63dc8 2 роки тому +13

    As if the infrastructure bill will be spent on infrastructure

  • @alexanderkurtev8121
    @alexanderkurtev8121 2 роки тому

    Props for the guy with the white headphones for being fan of West ham and Chelsea

  • @stillaliveandgaming324
    @stillaliveandgaming324 2 роки тому +2

    They forgotten to talk about the werry special type of sand that is needed, and also controbuting to unsafer shorelines, and increase in water related catastrophes

  • @edups1
    @edups1 2 роки тому +3

    Modern concrete-used in everything from roads to buildings to bridges-can break down in as few as 50 years
    Masonry is one of the most durable components of a home. Chimneys, fireplaces, and brick veneers can last a lifetime, and brick walls have an average life expectancy of more than 100 years.
    copied and pasted

  • @AdamSPARTAN76
    @AdamSPARTAN76 2 роки тому +11

    Don't worry....there's very little actual infastructure in the "infastructure bill"

  • @coyoteroadkill
    @coyoteroadkill 2 роки тому

    Ash Grove was the last American-owned cement company and it was bought out in 2018 by CRH, an Irish firm.

  • @sutats
    @sutats 2 роки тому +2

    How's 3D printed properties coming along? That would help the situation on so many levels.

    • @vasopel
      @vasopel 2 роки тому +2

      properties?

    • @KRYMauL
      @KRYMauL 2 роки тому

      @Ayn Rand This isn't sci fi mate. ua-cam.com/video/XHSYEH133HA/v-deo.html

    • @ogrelg4131
      @ogrelg4131 2 роки тому

      @@KRYMauL
      ахах. точно. это не фантастика. это полная хуита. лол

    • @KRYMauL
      @KRYMauL 2 роки тому

      @@ogrelg4131 Yes that it is.

  • @jamesdoerr4318
    @jamesdoerr4318 2 роки тому +6

    Another terrific video by CNBC. I love you guys

  • @masonfarnsworth6730
    @masonfarnsworth6730 2 роки тому +4

    The process of making cement is almost as old as the format of the video.

  • @q4sbgf9kfgrd6
    @q4sbgf9kfgrd6 2 роки тому

    I need to know what is blurred out at 1:35 !!

  • @_checkit
    @_checkit 2 роки тому

    1:35 anyone know what's that blurred emblem on his wall?

  • @chimayinasniffer
    @chimayinasniffer 2 роки тому +4

    Simple, 80% of the bill isn’t infrastructure.

  • @TonyL-gw4qx
    @TonyL-gw4qx 2 роки тому +4

    Yes because the infustructure bill isn't close to a trillion dollars for infustructure. This bill is more pork than anything else.

  • @levistrauss5378
    @levistrauss5378 2 роки тому

    The truck drivers, quarry workers and construction workers are the people who worked throughout the pandemic, so where is the shortage?

  • @ChakatNightspark
    @ChakatNightspark 2 роки тому +1

    Problem really, is People Do Not want to work anymore. They want to stay at home getting unemployment money or Welfare money. Which we really should just Stop right away. Make people go back to work.

  • @hubertmarshall
    @hubertmarshall 2 роки тому +4

    Don’t worry. They won’t be spending it all on cement. Let’s be honest 😏

  • @q9r8s7t6u5v4w3x2y1z0
    @q9r8s7t6u5v4w3x2y1z0 2 роки тому +4

    0:04 false, agriculture is at the base of human civilization

  • @mtorres3097
    @mtorres3097 2 роки тому

    Makes me wanna drive ready mix trucks again.

  • @shitpostcentraI
    @shitpostcentraI 2 роки тому

    4:26 I like how the flaps have worn down and become useless overtime

  • @mebsrea
    @mebsrea 2 роки тому +8

    “has fell victim”? Do you not have English-speaking editors?

  • @mclarendavid5935
    @mclarendavid5935 2 роки тому +19

    In few months or no time people will definitely be kicking themselves in regret for missing the opportunity to buy or invest in cryptocurrency. Can my fellow investor's say HELLO.

    • @daniellisa5178
      @daniellisa5178 2 роки тому

      Hello, I'm from Spain! I've been an Investor in the Crypto Market for over 2 years now

    • @charlesmanewell1891
      @charlesmanewell1891 2 роки тому

      Same here, I wish I knew about this earlier, bitcoin is a life changing business I'm still investing in stocks for now. I've plans of diversifying my portfolio to BTC trading, but that had be next week .

    • @tonybill8074
      @tonybill8074 2 роки тому

      @@charlesmanewell1891 Now is the best time. Stop Procrastinating as bitcoin is shape.

    • @kelvinroyy9196
      @kelvinroyy9196 2 роки тому

      How much does 1btc cost in USD and how much capital can I start with?

    • @michaelscoffed1524
      @michaelscoffed1524 2 роки тому

      1btc is currently about $33,000,1btc was 18,000usd as at 2months ago now it's has surged to 33,000usd and It's definitely going to hit $35k by friday. I bought mine when it was 7k. Earlier this year. Since then I've been having my BTC traded in the forex market by a trading company.

  • @cheezeball6109
    @cheezeball6109 2 роки тому +1

    Only in America we have automobile shortages where dealers lots are packed to the gills with new and used autos! Shortages, shortages, get your shortages here......

  • @rikirex2162
    @rikirex2162 2 роки тому

    We come ,we see...and we concrete !

  • @mightymouse2893
    @mightymouse2893 2 роки тому +4

    It won’t be an issue due to the fact the “infrastructure bill” has little to do with actual infrastructure enhancement

  • @Mapdotnowhere
    @Mapdotnowhere 2 роки тому +3

    As if that 1 trillion would be spent on it

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 3 місяці тому

    They didn't build the empire state building with high inflation. They built the empire state building with low prices.

  • @eduardoherrera4894
    @eduardoherrera4894 2 роки тому

    men im a concrete contractor and now the bagged concrete is just sand and rocks

  • @taipizzalord4463
    @taipizzalord4463 2 роки тому +4

    Just get it from China.

    • @user-gc1hg9sp9k
      @user-gc1hg9sp9k 2 роки тому +5

      @@mrbears34 china alone is pouring 60 percent of the world cement, in 2011-2013 it pour more cement than US in 20th century (1900-2000)

  • @PigRipperLAW
    @PigRipperLAW 2 роки тому +5

    You know you could fix that whole skilled workers shortage problem by making college free. Maybe get rid of some of these artificial barriers that are a legacy of Classism, Racism and Slavery.

    • @nickkan79
      @nickkan79 2 роки тому +16

      College is the reason there is a labor shortage. Concrete pouring and trucking are trades that they don’t teach in college and people who go to college don’t work in this field. You don’t need a degree to pour concrete.

    • @jeremymyers5643
      @jeremymyers5643 2 роки тому +1

      Heck don't stop with free college , what else would you like for free.

    • @prefersoxygen9373
      @prefersoxygen9373 2 роки тому

      Is there a college degree for working with concrete? Using a rake? Shovel? Screed? Float? How to construct forms? No
      The best training is in the field, getting hands on experience.
      Stop begging for free stuff and I'm not sure what those artificial barriers have to do with anything in the real world. Time to shake them from your headspace and let's all make the world better.

    • @prefersoxygen9373
      @prefersoxygen9373 2 роки тому

      @@jeremymyers5643 pizza and steak for free for me! Haha

    • @PigRipperLAW
      @PigRipperLAW 2 роки тому

      @@jeremymyers5643 A life worth living. Is that too much to ask?

  • @jeffm2787
    @jeffm2787 2 роки тому +1

    Considering most of the money is just going to end up in big corporations pockets and/or with scammers and crooks and very little in infrastructure. Yes sure, no issues keeping up. Just don't expect high quality concrete.

  • @JarivLetap
    @JarivLetap 2 роки тому +1

    Cement stocks?