As a consumer, we tend to believe that companies will prioritize their profits over everything else, and a higher price point means they are making more money. While that might be true in some industries, oil and gas companies are feeling a negative impact on rising oil prices across the globe. Multiple factors come into […]
Read More
Unless you’re a bear hibernating, everyone knows the Coronavirus is causing panic and particularly panic in the markets. Speaking of bears, we are now possibly entering a bear market.
Read More
As everyone woke up to the first punch of winter weather this morning, as a fuel distributor, it certainly makes us think about the low level of diesel inventories in PADD 1 and the potential impact it will have on our customers this winter.
Read More
Seattle is making an attempt to move aggressively towards cutting the city emissions. In September, Mayor Jenny Durkan signed a bill that would tax home heating oil an additional 24 cents per gallon. This tax would be on top of the existing 10% heating oil tax that currently exists for the residents of Seattle. This […]
Read More
