Politics, Prices, and the Path Ahead
After spending the last few weeks on the sidelines, I have found two undeniable truths. First ,my disdain for any network news outlook as a source of meaningful content....
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After spending the last few weeks on the sidelines, I have found two undeniable truths. First ,my disdain for any network news outlook as a source of meaningful content....
In a whirlwind of news over the past few days, diesel and gasoline prices have risen by over $0.10 each. Over the weekend, the Assad regime in Syria fell after decades of factional fighting. This development is significant, as Syria was Iran's largest ally, and its collapse could exacerbate the already volatile conflicts in the region.
I was out the last few days. Anything happen while I was gone? The elephant in the room is what to expect with a new Administration coming in January. Short term, don’t...
Fuel markets move quicker than the Yankees blowing a 5 run lead. On Monday we thought we were going to continue to reach fresh lows on Diesel pricing as traders sold off...
Diesel futures have lived in this wild $.20 fantasy range for the last week having 3 out of the last 5 sessions show swings of $.10 or more, now settling about $.10...
Welcome to a special Friday edition of the weekly update. It has been a wild week with fuel pricing as we moved out of a comfortable range that was roughly $.20 lower...
Fuel Futures continue to rally from last week as many saw a buying opportunity too good to pass up. Diesel pricing is about $.10 higher than a week ago and Gasoline is...
While Diesel pricing is up about a nickel from Tuesday’s low, it comforting to know that we are still down over $.50 since July. It’s a similar story with gasoline...
Diesel pricing sits about $.10 higher than a week ago, suggesting that the 2.30 mark is a key support level. Future pricing will likely remain in a tight range for the...
Last weeks sell off, fueled primarily from a weaker than expected jobs report, once again solidified the bottom of futures pricing. The Unemployment rate rose to 4.3%,...