Up like a Rocket, Down like a feather
Front month ULSD broke the $4 handle for a brief moment on Tuesday only to close well above the lows of the day. That momentum carried into Wednesday taking back about...
Energy Market Updates
Posts by:
Mark Pszeniczny
Diesel and Gas Prices Drop: Are We Finally Seeing Relief?
Make Future Plans or Dream About Yesterday
Market participants appear to be taking a softer stance on diesel futures over the last week. As of this morning we are down roughly $.30 from Friday, but there is...
Trust Is Not Granted, It Is Earned
A geopolitical game of “Yes I did” and “No, you didn’t” seems to be playing out in the news and fuel markets. It is amazing to me that we have gotten to the point where...
Falling Feels Like Flying Until You Hit the Ground
It seems like every time we get some momentum to push pricing lower, a flare up sets us back to the beginning. I guess it’s true “falling feels like flying until you...
Executive Order on Dyed Diesel Tax: What You Need to Know
Reading an Executive order is very much like watching MobLand, I only understand every other word but I can’t stop watching. The Executive order, was directed to the...
Ahh... October
Ahh… October. Leaves are changing, Yankees in the ALDS, $6 fuel at the gas pumps… What used to be a calm transition month in the Northeast has turned into one of...
Diesel Fuel Markets and the Impact of Global Political Developments
Diesel fuel markets have put their toe in the water of trying to sell off over the last several sessions but are taking longer to materialize. While diesel futures are...
Hormuz Paralysis Sends Tanker Rates Soaring
As Hormuz shipping lanes remain in a state of paralysis, rates to travel through the area are now over a million dollars a day. A year ago, tanker rates were around...
Peaks, Valleys & Perspective
Forgetting is easy. It wasn’t long ago when we were entirely focused on Russia and what their war with Ukraine meant to the world energy markets. Who could forget when...