Filed in Oil
Friday, May 01, 2015
The announcement by “big brown” that they’re adding 1,400 more compressed natural gas (CNG) powered trucks to their fleet should be interpreted by others as a signal to start getting in gear on alternative fleet fuel system reviews.
In the 1970s, legislation was enacted banning the export of domestic crude oil without a special license—and unless Canada is the destination, export licenses are nearly impossible for domestic producers to acquire. With the growing oil glut, the time to lift the ban has come.
Posted on 05/01 at 07:00 AM
May 2015 •
Oil Prices •
Wednesday, April 01, 2015
History suggests that the current oil glut and the associated price decline will be a temporary phenomenon, and the economics and petro-physics of unconventional oil production—fracking in particular—further suggest that the domestic glut will be eroded sooner than most prognosticators believe.
Posted on 04/01 at 07:00 AM
April 2015 •
Oil Prices •
Sunday, February 01, 2015
Since 2011, domestic oil production has increased by 4.5 million barrels per day (bpd), and over the last 12 months alone production has increased by 1.4 million bpd. Meanwhile, Russian production hit a post-Soviet era high in November, and oil exports from Iraq are growing at a record pace.
Sunday, June 01, 2014
An analysis of natural gas storage volumes strongly suggests that natural gas prices will rise significantly towards the end of the year; and as they rise, so too will the price for CNG and LNG.
Thursday, May 01, 2014
Cost conscious shippers understand that fuel comprises between 40 percent and 60 percent of ocean carriers’ operating costs, and bunker surcharges are a similarly important line item on a shipper’s own income statement.
Saturday, March 01, 2014
Natural gas prices have risen 40 percent to over $6 per thousand cubic feet (Mcf) since the beginning of the year. As a regular reader of this column, rising prices should come as no surprise. In July of last year, when the price was just $3.52 per Mcf, I predicted that prices would rise to between $4.00 and $4.25 per Mcf by the end of the year.
Saturday, February 01, 2014
In Lewis Carroll’s hallucinogenic novella, Through the Looking Glass
, the Red Queen explains to Alice that she too can become a queen by reaching the opposite side of the playing board. But Alice, who has been running as fast as she can, finds that, despite her efforts, she remains in the same spot.
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Wednesday, January 01, 2014
With the exception of parcel, freight transportation rates will only make incremental gains in 2014. However, our top market analysts tell us that controlling total landed costs by using a variety of modes is now imperative.