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A resource to help you buy and manage fuel better

An about-face for big Oil and Gas companies

By: Emily Zehala / Posted on: September 21, 2018

 

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Florence Aftermath

By: Brandon Roberts / Posted on: September 20, 2018

It would be great if we were able to post a story about how Hurricane/Tropical Storm Florence was a complete miss or that the impact was much lighter than expected. Unfortunately as some know that is far from the case. Florence has devastated the Southeast primarily in the Carolina's and parts of Virginia. 

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The Land of Enchantment

By: Matt Reese / Posted on: September 19, 2018

The Bureau of Land Management, under the Department of the Interior, held a two-day auction on 142 parcels of land in New Mexico at the beginning of September. The results from this single sale has surpassed their sales numbers from all transactions in 2017 combined. The land lease sale of nearly US $1 billion will provide ample land to further boost the already growing oil production in the state. 

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The EV’s are coming and they are bringing backup:

By: Daniel Guttman / Posted on: September 18, 2018

Auto makers have begun to produce Electronic vehicles or EV’s at a rapid pace in order to comply with Corporate Average Fuel Economy or CAFE standards. As of yesterday, another auto manufacturer has announced its 2019 entrant into the competitive EV landscape. Audi announced the global launch of their new electric sport utility vehicle, named the e-tron midsized SUV. Surprisingly enough the announcement was made in San Francisco which is the home of Tesla. It can be inferred that the “launch site” choice is a direct shot at Elon Musk’s Tesla operation and the current leader in the EV market.  According to Reuters, “The Audi e-tron midsize SUV will be offered in the United States next year at a starting price of $75,795 before a $7,500 tax credit.” To further increase their chances of surpassing Tesla, Audi has chosen to partner with Amazon to tackle the recharging problems with EV’s.

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Relief at the Pumps

By: George Butler / Posted on: September 17, 2018

The summer grade 7.8 RVP in Pittsburgh, PA gasoline specification requirement expired over the weekend. Now the Pittsburgh market can use the same gasoline specification (Conventional Gas) as most of the state.

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Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.

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