Northeast Blizzard Recovery & Market Watch
As much of the northeast is still digging out of the blizzard, Thank You for keeping those fills and access ways clean. With some local communities still enforcing...
Posts about:
As much of the northeast is still digging out of the blizzard, Thank You for keeping those fills and access ways clean. With some local communities still enforcing...
There is light on the horizon. It finally appears that the Northeast is making its way out of the longest severe cold stretch in over 10 years. Not to mention some heavy snow accumulations throughout the region. During this period we saw Natgas spike forcing most power plants into curtailment relying upon fuel oils to produce electricity, terminal ports needing ice breaking ships to allow offloading of product, four hour loading lines at terminals, and every fill cap north of Baltimore frozen. Lingering effects persist with Kero pricing remaining very high as seasonal stocks start to dwindle. With the predicted warm up, we hope to see some return to normalcy in the next few days.
All Markets appear to be on edge as they try to figure out what the actual effect of tariffs would be with Canada and Mexico, if they are ever more than just words. Fuel...