As diesel and distillate inventory levels continue to decline, countries are scrambling to make necessary adjustments. The rise in demand extends beyond our domestic borders, as Europe faces its own set of obstacles. The war in Ukraine presents the biggest challenge, and with the impending embargo on Russian oil in 2023, there is no end […]
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Following shortly after the OPEC October 5th announcement that they would be cutting production by two million barrels per day were revelations that the Biden administration had met with Saudi Arabia prior to the decree and made their expectation clear: delay your cartel’s decision for a month. The White House reportedly cited three reasons for […]
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Is your fleet ready? If your diesel fuel is stored in an above ground tank outside and not being turned, Guttman Energy is your defense against cold-related equipment issues. With our winter fuel additives, you avoid costly and time-consuming winter-related disruptions, keeping your fleet running. Get ready with our Winter Optimization Program Avoid any winter-related […]
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European automakers could be faced with large cuts in car production by as much as 40% each quarter through the end of 2023. Auto forecaster S&P Global Mobility is projecting a worst-case scenario. With the auto industry still recovering from the pandemic and Russia’s invasion on Ukraine, paired with soaring energy costs and power cuts, […]
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Not all fleet fuel cards are the same. Budgeting issues and fuel discrepancies can make or break a small business, and certain providers just don’t understand that – or worse, they don’t care. Freedom Transport Group, a long-haul trucking operation based in Joplin, MO, saw this issue with their previous fuel card provider. Fuel card […]
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Fleet Fuel Solutions Bring Balance Back to a Multi-Service Business Greene’s Energy Services, Inc. utilizes a mid-sized fleet to bring a variety of services to the energy sector of Wyoming and the surrounding three states. In helping to maintain energy infrastructure, they play an integral role in safely and efficiently distributing power to millions […]
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The Institute of Supply Chain Management (ISM) recently released their September survey of Supply Chain Executives. The Report gives a reading of 50.9% in the month of September 2022, a 1.9% dip from August 2022. A reading of 50 separate expansion and contraction, and the September result was weaker than the median projection of 52 […]
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Guttman Energy has announced a significant expansion by adding Guttman Renewables to their organization. With more than 90 years of industry expertise and market intelligence, Guttman Energy offers innovative, customized, and now additional renewable solutions, to help their customers gain greater control and certainty of their energy costs. With this expansion, Guttman Energy is buying […]
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OPEC+ delegates are meeting in person in Vienna on Wednesday, and it is widely expected that they will announce production cuts. Oil prices have experienced a substantial decline over the past few months, and the cartel views this as a way to prop up oil prices. Despite the announcement grabbing headlines, analysts and economists are […]
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As the energy crisis continues, Europe is warning that its citizens need to be prepared for a total gas shutdown from Russia. While their storage sits at 88%, 8% higher than their original goal, serious concerns still linger. The French strike has taken 60% of its refining capacity offline, planned maintenance will shut down another […]
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