Energy Prices Rise with No End in Sight
3/8/2022: Propane prices continue to move higher. What can retailers be doing to put themselves in the best possible position?
3/8/2022: Propane prices continue to move higher. What can retailers be doing to put themselves in the best possible position?
3/7/2022: Why does the US import oil from Russia??
3/3/2022: WTI crude oil closed at $110.60/bbl yesterday, its highest daily close since May of 2011. The May contract settled at $107.06. The front month contract traded over $116 around 2:30AM eastern time this morning, but is back below $110 as of this writing.
3/2/22: Propane draws 800,000/bbls but war in Ukraine dominates the energy space.
3/1/22: Crude is soaring and propane is following
2/28/22: Jon Miller and Chris Cox of Flashpoint Energy Partners discuss the chaos and volatility that dominate the propane and world headlines right now. Russia’s invasion of Ukraine adds a chaos card to an already tricky deck the energy world was dealing with. Click on this link to watch, or click on the video image to the right to do the same.
2/25/22: Energy and financial markets took a wild, round trip ride on Thursday. What might lie ahead for the energy sector?
2/24/22: Propane inventories now stand at 38M/bbls, their lowest level for this time of year in the Shale Production Era. This, on the heels of a full-scale Russian invasion of Ukraine and crude oil topping $100/bbl
2/23/22: The United States and much of the Western World powers have established a first round of sanctions against Russia. Propane prices jumped more than a dime yesterday, too.
2/2/22: Russia invades Ukraine, energy markets move higher