Year: 2020
Apple Ambitions
A ‘happy accident’ 50 years ago launched a legacy Few foods are as synonymous with a season as the lauded caramel apple. For a handful of weeks each autumn, this timeless treat — with its classic combination of tart apple, sweet caramel and salty chopped peanuts — adorns countless grocery […]
The Day the Crude Futures Market Broke
On April 20, the energy market did something we’ve never seen before. Futures on the New York Mercantile Exchange for May contracts of West Texas intermediate crude oil, or WTI, traded to a low of -$40.32 per barrel and settled at -$37.63 per barrel on the same day they were […]
How the Coronavirus Outbreak Upended the Meat Supply Chain
The protein production pipeline is backed up and the repercussions are already being felt by farmers and consumers. Grocery store meat cases are emptier, some fast food restaurants are unable to offer standard menu items, and food prices are up across the board. In April, the overall price of meats, […]
Where We Stand
By MFA Oil President and CEO Jon Ihler What an interesting spring it’s been. While the coronavirus outbreak shut down large portions of the country and the economy, MFA Oil remained open as an essential business so that we could continue to meet your needs. We took action in the […]
MFA Oil Opens Big O Tires Store in Lebanon
MFA Oil Company, a Big O Tires franchisee based in Columbia, Mo., opened its newest Big O Tires store in at 1701 W Elm St. in Lebanon, Mo., on May 4. “Our new store in Lebanon is another exciting addition to our franchise and we are looking forward to serving […]
Why WTI Oil Prices Crashed
The U.S. crude oil market ventured into unprecedented territory on Monday, April 20, when prices turned negative. Futures on the New York Mercantile Exchange for soon-to-expire May contracts of West Texas intermediate crude oil, or WTI, fell to -$37.63 a barrel by the time the market closed. WTI serves as […]