Pandemic-fueled hedging innovation on diesel may be a keeper
One significant difference from traditional hedging: There is no chance of hedging losses, just upfront fees instead.
Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
One significant difference from traditional hedging: There is no chance of hedging losses, just upfront fees instead.
Also on this week’s podcast: Conflicting info about the US oil upstream that might actually be in sync.
The think tank report sees the funding coming from the service centers as a means to help rebuild interstate highways.
After the latest 1.5-cent decline, diesel is down 6.5 cents from the end of its 20-week run.
Needing to know where your freight is spawns incredibly competitive market
The earlier 20-week string of increases still has the price up about 50 cents more than when 2021 started.
After a February decision not to increase output, which was unexpected, the group does the unexpected this time again and decides to put more oil on to the market.
Also on this week’s podcast: Why return to air travel could have impact on diesel prices.
Twenty-week streak of increases is halted as retail diesel prices react to earlier declines in wholesale and commodity markets.
Also on the podcast: Why retail diesel prices don’t drop as fast as declines in wholesale.
Some data had been suggesting a decline was likely but the survey showed a small upward movement.
Also on the podcast: Did Joe Biden help boost the price of oil?
Diesel fell less than crude oil, signaling selling of crude as a financial asset more than diesel.
Since the price started its run in November, it’s up more than 81 cents per gallon.
The Great North is taking the slow road on implementation
Evolve keynote: Inevitable failures and what we can learn from them.
Collin McLelland sits down for a live episode of his podcast with SkyBitz’s Anton Albrand.
“I personally think that the possibility that this pipeline is going to be emptied is much, much higher than it was before this administration was in office.”
Keynoting an Evolve summit session, Dan Pickering and Scott Gale call for traditional, transitional energy players to meet in the middle.
FreightWaves’ John Kingston outlines how the rising price of crude flows through to cargo shippers and how it changes the trucking-versus-rail equation.