Author: Tim Danze
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 […]
Time to Evaluate Contracting Options
This is a great time to review your fuel contract needs for the upcoming season. Historically, the market drifts lower into the end of the year and offers a good opportunity to lock in fuel prices with fixed-pricing or maximum-pricing contracts. The energy markets have seen a substantial fall in […]