As the prices of oil and gas continue to affect households across the United States, some are fearing Hurricane Ian could send the costs of these essentials even higher. On Wednesday, Ian, a category 4, sustained winds of 150 mph as it hit the Florida Gulf Coast. Also on Wednesday, President Biden warned oil and […]
Read More
The “Why” Behind Our Sustainable Initiatives Getting intelligent, sustainable energy solutions is now easier than ever, thanks to Guttman Renewables, a program by Guttman Energy. Dedicated to helping our customers find more fuel-efficient options that work for them, we are working to provide resources such as carbon offset investments and cleaner fuel alternatives. Powering Sustainability […]
Read More
Winter is coming and we may be facing our worst energy crisis in our lifetime.Is your business ready? • The Nord Stream 1 pipeline remains shut off.• European natural gas prices are about 10 times more than US natural gas prices.• Can you imagine your current energy bill being 10 times more expensive than it […]
Read More
European countries are scrambling to investigate two mysterious gas leaks in major Russian pipelines running below the Baltic Sea. You may recognize the “Nord Stream” name from current events: the two natural gas pipelines have been frequently mentioned as tangential casualties in Russia’s invasion of Ukraine. As the European Union (EU) countries have stepped up […]
Read More
Most average consumers have been fixated on the high prices of gasoline in 2022 however, there is another crucial fuel that has been averaging a dollar more per gallon which is diesel fuel. Diesel fuel, commonly known as what powers our trucking industry, is fundamental to powering the global economy. Diesel and its different molecular […]
Read More
The European energy crisis has pushed many companies that make steel, fertilizer, and other products to shift their output to the U.S., where energy prices are stable and the federal government provides incentives to expand, the Wall Street Journal reported. Chemical maker OCI has boosted their U.S. production, which this month said it would expand an ammonia […]
Read More
A fire broke out at the BP/Cenovus Energy Plant in Toledo, Ohio yesterday and has halted operations completely. Tragically, two employees were killed in the Ohio refinery explosion which happened late in the afternoon. This refinery can produce over 3 million gallons of refined products per day and is presumably going to be shut down […]
Read More
During the most recent OPEC+ meeting in August, the organization announced a plan to cut production by 100,000 barrels per day. At the time, Brent crude oil prices were around $95 per barrel and steadily declining. In the days following the announcement, prices went back up to around $100 per barrel. Since then, prices have […]
Read More
The U.S. Transportation Department announced last week that it has approved $1.5 billion in grants to improve 26 projects on highways, multimodal freight, and rail operations across the United States. After last week’s labor dispute, which almost brought the nation to the brink of a potentially catastrophic railroad strike, the negotiators had to resolve countless […]
Read More
Earlier this week two of the major railroad unions had plans of going on strike if demands were not met. The railroad companies and unions represent tens of thousands of workers in the United States with more than one-third of long-distance freight traveling by rail. A shutdown would have been catastrophic for the economy. After […]
Read More
