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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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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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 […]
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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 […]
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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 […]
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Over the past week, WTI crude oil has traded in a range of $11/barrel, Heating Oil $0.59/gallon, and European natural gas €118/MWh. This is extreme energy volatility, even from what we’ve seen earlier this year, as traders begin to position themselves ahead of the OPEC+ decision, the perceived weakness in Chinese oil demand, and less […]
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Mass transit is one of the most obvious sectors in which wholesale fuel contractors come in handy. It’s no small job to fuel up an entire fleet of buses or other methods of public transportation, providing a reliable way for an entire city to get around. Guttman Energy had the privilege of working with a […]
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Negotiations between the European Union, United States, and Iran are coming down to the wire to place Iran back in the Nuclear Deal which would dramatically boost its oil production and potentially lower prices affecting the entire oil market. The Biden Administration, on behalf of the European Union, completed its final review of the proposal […]
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It’s no secret that fuel prices are never stable. In fact, they’re one of the most volatile costs that we have to deal with on a daily basis, and when you own a fleet, the cost of fuel is even more important. To give you the most competitive fuel price, gas suppliers typically let clients […]
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Fuel is perhaps the most important asset to fleets of all kinds, and there’s no question that heading to the pump has been painful for the past several months. To keep your fleet on the road, you can’t avoid purchasing fuel, but you can ease the burden by opening a bulk fuels account. If you’re […]
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