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A resource to help you buy and manage fuel better

Matt Karol

Matt Karol

Always striving to grow and progress in my field and with the company, just like Guttman does as a whole.

The weather outside is frightful

By: Matt Karol / Posted on: December 17, 2020

Tis the season for winter weather and this week we are experiencing the full effects of winter storm Gail, marching up the east coast. Many from Washington D.C., Maryland, Virginia, West Virginia and Pennsylvania have all felt these effects which includes slick road conditions and delayed travel.

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Prepping for Turkey Day

By: Matt Karol / Posted on: November 25, 2020

It is that time of year where the holidays are starting to begin! Even with restrictions and guidelines that COVID - 19 brought with 2020, many markets and businesses are closed for Thanksgiving, there is a lot that goes on behind the scenes to meet consumer needs. Let’s look at some of this year’s statistics.

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A Future for Offshore Drilling

By: Matt Karol / Posted on: October 22, 2020

During the last quarter of 2020, everyone can agree that economically, we have seen better days. Especially in the energy industry, spending cuts, revised budgets, and slashed investments have played an impact. However, we are starting to see hope for offshore drilling stated by Rystad Energy, a global oil and gas analytics firm. Their analysts anticipate a 40% growth in Floatable Production Storage and Offloading facilities (FPSOs). China has taken an interest in FPSO’s and prepared its shipyards for an increase in new orders.

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Hurricane season goes on break

By: Matt Karol / Posted on: September 25, 2020

Hurricane season is far from over as we still have the rest of October as well as part of November. Over the past 2 months, we have seen substantial effects on gulf coast refineries. The Gulf coast offshore production makes up 1.5 million barrels per day (bdp) of oil output, which was all shut down last month due to Hurricane Laura, which lasted roughly from August 20th – August 29th.

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The Eye in the Sky

By: Matt Karol / Posted on: August 21, 2020

The use of drones are being utilized in various industries all the time, from the military to recreation, but could we see the use of drones in the oil and gas industry? Of course, the drone model DJI M300 is used quite frequently in refinery inspections. “The accuracy of measurement increases with every new DJI drone model” says, Italian Engineer and spokesman, Flavio Dolce.

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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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