Market Commentary

The global energy market is facing myriad concerns that could influence prices in various directions. Some of these issues have been ongoing, while others have emerged recently, all contributing to the uncertainty about where energy markets are headed. Key Factors Impacting Energy Markets 1. U.S. Economy Questions: Adjustments to job […]

Have you ever had your vehicle stuck in the mud? It’s a frustrating experience. You’re in a deep rut, spinning your tires but going nowhere. Or maybe you start inching forward, but the moment you ease off the gas, you slide back and are stuck again. This is how the […]

In 1993, MFA Oil became the first fuel marketer to distribute biodiesel in the country. While the performance of the biodiesel was a success, the price of the biodiesel did not allow the program to continue. In the latter half of the 1990s, numerous soy-based biodiesel plants were constructed across […]

Crude oil is the essential starting point for all energy products. It also accounts for the most significant percentage of energy product prices. Over the last 10 years, crude oil has made up roughly 53.93% of retail gasoline prices and 47.3% of retail diesel prices, according to the U.S. Energy […]

Market Commentary In the first quarter of 2023, there are still a lot of unknowns about our economy, China and energy inventories. Each of these areas, along with volatility, will impact the direction of prices for the remainder of the year. U.S. Economy There is no shortage of opinions regarding […]

On Feb. 18, 2022, six days before the Russian invasion of Ukraine began, West Texas Intermediate (WTI) crude oil was trading at $91.07 per barrel. Since then, many countries have condemned the Russian aggression and responded to it with sanctions and banning imports of Russian energy products. As of May […]

The energy markets have been on a tear to the upside recently. Prices have recovered over 50 percent from the pandemic lows, and it seems nothing, not even the latest COVID-19 variant, can derail the momentum. Energy analysts and companies are trying to figure out the current supply situation as […]

You likely have seen many signs from employers seeking workers lately. Bloomberg reports thousands of cities and states across the United States are facing the most acute labor shortage in recent memory. The high demand for workers is across the board in a wide range of industries. The U.S. labor […]

The coronavirus pandemic turned our lives upside down. Everyone was affected in some fashion. Now that we hopefully see some light at the end of the tunnel, it’s worth looking back to see what we can learn from the experience. My biggest takeaway is to take nothing for granted, especially […]

On Jan. 20, Joe Biden was inaugurated as the 46th president of the United States of America. While the coronavirus pandemic and the country’s economic situation will dominate much of his early days in office, there are many climate and energy issues Biden addressed through executive actions on day one […]

As I write this latest market commentary article in mid-January, we have just gone through some serious geopolitical events in the Middle East. On Jan. 3, the United States launched an attack near the Baghdad International Airport that killed Major General Qassem Soleimani, who was the commander of Iran’s secretive […]

After the coronavirus caused a precipitous decline in WTI crude prices that saw oil futures take an unprecedented dip into negative territory, it’s fair to wonder what we can expect moving forward. Will there be a so-called new normal for energy prices, or can we expect more of the same? […]