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Thanksgiving Travel

By: Daniel Guttman / Posted on: November 19, 2019

AAA recently published their Thanksgiving travel predictions; they are estimating over 55 million people will be hitting the roads and skies this season.  The number of travelers is factored using a trip calculation of 50 miles or more away from home. According to the analysis, “This will be the second-highest Thanksgiving travel volume since AAA began tracking in 2000, trailing only the record set in 2005. Overall, an additional 1.6 million more people will travel compared with last year, a 2.9% increase. The vast majority of holiday travelers will drive to their destinations and, INRIX, a global transportation analytics company, expects Wednesday afternoon to be the worst travel period nationally, with trips taking as much at four times longer than normal in major metros.”  Although AAA expects the largest increase to take place with drivers on the road it is important to note that their largest air delays will take place in Atlanta, Los Angeles, New York, and Boston.

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Ready, Set, Vacation Season!!!

By: Brandon Roberts / Posted on: May 22, 2019

Well, here we are again, another year, another kickoff to summer and the beginning to millions of traveling vacationers heading out the door!

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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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“Over the highways and through the pumps, to grandmother’s house we ALL go”

By: Pam Corn / Posted on: November 14, 2018

Good news for those traveling next week. Oil prices have fallen considerably which is impacting gas prices. Currently, the national average gas price is $2.68 a gallon. While this is higher than the price drivers paid last Thanksgiving, the national average was $2.52 a gallon, it’s still lower than this year’s high of $2.97 a gallon last Memorial Day.

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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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