Author: Tim Danze
Taking a Wider View
The energy market is full of questions these days. What is the Organization of the Petroleum Exporting Countries (OPEC) up to and has the cartel reestablished its relevance? How much of a factor is Russia playing? Where does the United States stand with its abundant shale oil production and new […]
Propane: Get It While It’s Hot
Summer is here, and it is officially barbecue season. Propane fuels grills across the country, but the pursuit of a perfectly grilled pork chop isn’t the only reason to purchase propane this summer. It is never too early to start getting ready for winter. As we came out of last […]
Looking Back to Plan Ahead
Spring is a good time to look forward to your fuel needs for the fall harvest. So far this year, there’s been plenty of news about the energy industry, but overall, the market’s reaction to said news has been uneventful. Almost two years ago, Tom Kloza, global head of energy […]
Fuel Contracting Season is Here
Diesel prices have gone up roughly 55 cents per gallon from the mid-year low, and this is the kind of price rally that we are all trying to protect against by contracting our fuel. This is why putting in a little effort now to determine your fuel budget and target […]
Are You Prepared for Winter?
A hint of a chill has returned to remind us fall has arrived and will soon be followed by winter. What does Mother Nature have in store for us this year? It is hard to predict the weather, but that doesn’t stop people from making predictions. Meteorologists have already begun […]
Rise of Modern Media Affecting Market Prices
Predicting prices in the fuel and propane industry is a lot like a night at the casino. Uncertain factors and inconsistent circumstances are both elements that go into winning the jackpot and determining the exact future price of fuel and propane. For Tim Danze, senior pricing analyst, recognizable factors are […]
Will OPEC Cuts Balance the Market?
When the Organization of Petroleum Exporting Countries (OPEC) announced on Nov. 30, 2016, it would cut crude oil production in an effort to drain record global inventories, the oil market quickly responded. Crude prices immediately shot up 9 percent from $45.24 to a high of $49.44. The agreement, which notably […]
Propane Contracting – It’s a Hit
In baseball, if you manage to hit the ball three times out of 10 you are considered an all-star. If you manage to maintain that same average throughout your career, you might even have a shot at the hall of fame. Now imagine you got a hit seven out of […]
Consider Contracts to Save on Fuel
By the time you read this column, you may have heard the news about OPEC’s recent decision to cut crude oil production. I have to give OPEC credit; I did not think it would be able to pull off this historic agreement to limit its members crude output. The details […]
Supply Issues Point to Bearish Market
The current fundamentals and realities of the energy market are bearish, in my opinion. The question is whether there are longer-term bullish implications we need to consider. A quick look at supply and demand as of late August shows crude oil stocks in the United States are sitting at 521 million barrels – […]
The Rebalancing Act
Energy prices fell significantly in early 2016 as a result of record supplies of all things energy. Prior to the recent dip, prices had generally been on the rise for most of the 2000s with the exception of the Great Recession, which began in December 2007 and stretched into 2009. […]
Consider Contracts to Save on Fuel
By the time you read this column, you may have heard the news about OPEC’s recent decision to cut crude oil production. I have to give OPEC credit; I did not think it would be able to pull off this historic agreement to limit its members’ crude output. The details […]