Welcome to the Fuel Matters Blog

A resource to help you buy and manage fuel better


Approval in the Arctic

By: Daniel Guttman / Posted on: August 25, 2020

After a decade long battle over the Arctic National Wildlife Refuge (ANWR), the Trump Administration has opened the area to oil and gas development. One of the largest remaining stretches of wilderness in the United States, North-Eastern Alaska sits above billions of barrels of oil. The reported ANWR lease area contains up to 11.8 billion barrels of attainable oil across 1.5 million acres of coastal plain. Although any oil production within the wildlife refuge would be years in the future, companies could begin the process of seeking permits and exploring for oil and gas much sooner.

Read More

BP Exits Alaska

By: Matt Reese / Posted on: August 30, 2019

British Petroleum (BP) announced this week that they are selling their Alaska operations to Hilcorp Energy Co. for $5.6 billion dollars, ending their six-decade existence in “The Land of the Midnight Sun.”  The sale to Hilcorp Energy Co includes BP’s stake in the Prudhoe Bay oil field, the Point Thomson gas field and the Trans-Alaska Pipeline.  The deal makes Hilcorp Energy Co. the second largest Alaska producer, between leader ConocoPhillips and ExxonMobil.  The proposed deal is subject to state and federal regulatory approval but the deal is expected to be finalized in 2020, according to BP.

Read More

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.

Subscribe to our blog

Price Feed

Stay up-to-date on current fuel prices and market trends with our NYMEX price feed (15 minute delay to the live market).

© 2018 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.



Contact Us