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A resource to help you buy and manage fuel better

Spring Forward

By: Barb Zearley / Posted on: March 8, 2021

After what we all experienced one of the longest years ever, 2020 is behind us. We all look forward to doing the things in 2021 that we did not have the opportunity to do during the pandemic. COVID restrictions are lifting in many states, many Americans are getting vaccinated, allowing us to start to live our normal lives as we once knew. Sunshine is on the rise!

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Green On the Screen… Well at least for Oil and Gas

By: Matt Karol / Posted on: March 5, 2021

Over the past few days, we have been seeing a lot of Red next to ticker symbols throughout the NYSE but that is not the case for oil and gas futures. Yesterday on 3/4/21, Oil futures rallied with their highest finish since 2019 caused by talks of rolling over current production cuts to the end of April. OPEC+ also approved a continuation of production levels of March for the Month of April.

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Texas Lifts COVID-19 Restrictions

By: Theo Rebottini / Posted on: March 3, 2021

 

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Green Means Go – Johnson & Johnson Vaccine Authorized

By: Kristie DeJuliis / Posted on: March 2, 2021

As new variants of COVID-19 emerge, the Johnson & Johnson vaccine has been given the green light by the U.S. FDA for emergency use. This will be the first single shot vaccine released to fight COVID-19. As early as Tuesday morning, 3.9 million doses of the Johnson & Johnson vaccine will be distributed to states, tribes, territories, pharmacies, and community health centers. While the vaccine will be limited at first, Johnson & Johnson expects to increase production within the coming months. By the end of March, we should see an additional 16 million doses distributed. The company is committed to delivering 100 million doses by June and “up to a billion” by the end of 2021. Since their vaccine is one dose that will equate to as many people being treated as vaccinations.

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Will big oil achieve record cash flow?

By: Jon Babyak / Posted on: March 1, 2021

Following a brutal year for their balance sheets, the world’s biggest oil companies are anticipating a windfall of cash flow this year. Prices have rallied significantly over the past month or so, and the massive cost-cutting from last year positions some of the biggest International Oil Companies (IOCs) to reap the benefits of high crude prices.

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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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