Welcome to the Fuel Matters Blog

A resource to help you buy and manage fuel better

Who's Delivering Presents This Year?

By: Nick Stanley / Posted on: November 27, 2018

From Black Friday to Cyber Monday and all throughout December, there will be more products sold and shipped in the U.S. than any other time of the year.  Staffing shortages and recent import tariffs have made retail executives stay on their toes and prepare for the season. 

Another concern that certainly weighs heavy on their minds are fuel and trucking costs, in particular the truck driver shortage that has plagued the trucking industry for years now.    

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Here's to a Successful 2019

By: Ashley Clawson / Posted on: November 26, 2018

We live and work in an area where jobs have been created and sustained through the rapid increase of shale production.  “Pennsylvania’s abundant energy resources have spurred economic investment and brought jobs to the state. Studies have tallied nearly 322,600 jobs in Pennsylvania that provide nearly $23 billion in wages to Pennsylvanians.”[1]  The numbers of created jobs are exciting for growth in Pennsylvania, but the state’s average poverty level still sits around 12.9%.  According to the U.S. Census Bureau, Washington and Greene counties have poverty levels of 10% and 15.3% respectively.  In two of the counties thriving from shale exploration, the poverty levels are still hovering around the state average. 

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After Yesterday's Oil Market Slide, Today is the Turkey Turn Up

By: Greg Gill / Posted on: November 21, 2018

Let’s call today the Turkey Turn up rather than the dead cat bounce.  Oil complex up slightly today after taking a huge turn down yesterday with WTI settling at $53.43/barrel, its lowest level since October 2017.    Oil prices fell amid concerns about rising global supply and growing fear of a global synchronized economic slowdown. 

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Are we going to say goodbye to truck drivers in the future?

By: Markee Bittner / Posted on: November 20, 2018

Long distance truck drivers may soon become a thing of the past. Autonomous prototype trucks are predicted to be operating on select highways by 2020. In an article in FleetOwner Magazine, Steve Viscelli, a sociologist at the University of Pennsylvania, projects by 2040 that only a few outliers will not be using a predominantly automated fleet.

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Looking For Direction

By: Matt Rosenberg / Posted on: November 19, 2018

Oil prices seem to be looking for a solid footing this morning as news continues to point towards an upcoming supply cut.  Oil prices have lost almost a fifth of their value in the last 30 days due to oversupply concerns, signs of decreasing demand growth and the potential global economic impact of a growing trade war between the United States and China.  Another wild card is the unknown political impact of the Saudi Arabian murder case of Washington Post journalist Jamal Khashoggi. 

 

Blog 11-19

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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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