As we enter the end of our winter season in the Northeast, the mild winter combined with global oversupply fears has caused liquefied natural gas (LNG) prices to plummet and the worst may not be over.
Read MoreEffects on Liquefied Natural Gas (LNG)
As Director of Marketing for Guttman Holdings, I lead our advertising, digital marketing, branding, and public relations strategies, and share my expertise to communicate key messaging to all our stakeholders. With my diversified leadership background, I also drive innovation and cutting-edge business practice and results, to generate interest in Guttman Energy, Guttman Renewables, and Source One service offerings.
Coronavirus Crushes Crude Oil
The narrative today is that we are facing a global pandemic due to the coronavirus outbreak. It’s absolutely crushing equity and oil markets with the Dow Jones Industrial Average down 980 points and WTI crude oil down $2.75/barrel – and it could get worse.
Read MoreTanker Ship Parking Lot
The sharp decline in oil demand from China due to the coronavirus is causing oil cargoes to be stranded off the country’s coast and across Asia. Last week, OPEC lowered its forecast for global oil demand by nearly a quarter million barrels per day as the pandemic of the coronavirus has crippled fuel consumption in […]
Read MoreSteady as She Goes
Very little price change has occurred with crude oil prices on Presidents’ Day after OPEC + has not yet decided to impose further production cuts to offset demand concerns caused by the coronavirus outbreak.
Read MoreWatch Your Weight
Have you ever wondered who is responsible for the size and weight limit of the thousands of trucks traveling the highways and interstates throughout the United States? The Federal Highway Administration (FHWA) Office of Freight Management and Operations is responsible for establishing and enforcing heavy truck size and weight standards on the interstate. Vehicle class […]
Read MoreDeal or No Deal
President Trump threatened to impose high tariffs on car imports from the European Union if they do not come to an agreement on a new trade deal. The new deal could amount to 25% more on cars from the European Union.
Read More2020 – Hot in Here
Let’s talk about the weather so far this year (or lack thereof). For the first 12 days of 2020 in our hometown of Pittsburgh, Pennsylvania, we had the 11th warmest start on record. Most of Pennsylvania saw temperatures last Saturday averaging 20 – 30 degrees higher than normal. This is not welcomed news to the […]
Read MoreEPA Seeks Public Participation
Andrew Wheeler, the Administrator of the Environmental Protection Agency re-introduced the Cleaner Trucks Initiative (CTI) at a livestock exchange in Marshall, Virginia earlier this week. The policy aims to reduce oxides of nitrogen, NOx, and other pollutants for highway heavy-duty engines by establishing more rigorous emission standards. Wheeler is calling for public participation in drafting […]
Read MoreIranian General Killed, Cause for Oil Prices Sudden Increase
Qassem Soleimani, the head of Iran’s elite Quds military force and one of the most powerful figures in the Islamic Republic, was killed Thursday night in an airstrike in Baghdad, the U.S. Defense Department confirmed. The death of such a powerful figure in the Iranian landscape raises questions about instability in a region which supplies about […]
Read More2020 Is Here, Fuel Anyone?
It’s a new year and a new decade, time to establish your fuel budget for the new year! Is your business the type that relies on a set budget for distillates or gasoline? Do you look to protect your costs in a volatile market? Around this time last year, we experienced a significant drop followed […]
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