Energy Market Updates

It is very rare to see the markets drop going in to a long weekend. Wednesdays dip capped off a six day free fall for diesel pricing that saw roughly $.25 get erased,...

Yesterday finally gave some relief from the meteoric rise both gasoline and diesel pricing the last month. Most of which has been attributed as collateral damage to...

Diesel futures remain on the high side of the summer seasonal range, taking back all of last weeks losses.  Fundamentally, even as demand saw a little bit of a boost this past week, if you strip out exports (implied demand),  we are still well below last years figures.  Gasoline, while slightly more stable, is still soft on a national level.  The inelasticity of gasoline (people need gas to commute daily) tends to be overlooked more than Diesel as it has a direct relationship to the health of the overall economy.  If folks aren’t buying diesel, trucks aren’t running.   

Diesel futures continue to be stuck in this $.20 range since mid-summer, with it’s cousin Gasoline in the same funk. Economic policy and factors appear to be the driving...

Reading or watching the news the last few days, not only wants me to go live in a cave but has me wondering why markets have remained relatively calm. We didn’t start...

As predicted, higher tariff rates on China were pushed off until November 10^th cooling off Oil prices thus far this week. Little more bolder prediction…. PATS go 12-5...

Happy Tariff Day! Today is when higher tariff rates on most countries (except Mexico & China who are the two largest) supposably go into effect for goods coming into the...

Rangebound is a common term used to describe a market that is confined within a particular space or price range. Looking at the ULSD chart below for the last several...

Energy markets have wavered back and forth the last 10 days as folks try to figure out what the effects of the “Big Bill” will have on segments of the economy. One thing...

The situation is fluid. I believe that to be a perfectly acceptable answer for any question asked of me. “Dad, can I go to Italy after graduation?”…. The situation is...