Market News

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Oil Oil Everywhere

Oil Oil Everywhere Oil, oil everywhere – prices are down again today as inventories rise. The black blood which runs through the veins of the world’s economies has dominated the news every day for the 20 plus years I have been in energy.  It is either too low, too high, running out or in endless supply, and with each forecast and projection, the price responds. I have seen staggering lows of under $10 a barrel and highs of over $135 a [...]

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The Art of Smart Energy Procurement

Warhol said “I’m not afraid to die; I just don’t want to be there when it happens” Andy Warhol, the American artist who was a leading figure in the visual art movement known as pop art, died on this day in 1987. His works of art have been described by the Economist as a bellwether for the state of the art market, with one of his paintings “Silver Car Crash” (1963) selling for $105m. For commercial organizations, the bellwethers are oil [...]

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Buying Decisions – Cheap Gas

Buying decisions are easy when prices are low – aren’t they? If you are wondering what buying decisions have to do with low gas prices – read on. It’s amazing to me that gasoline (petrol for those over the pond) cost’s almost as little a gallon in parts of the US as it is for a liter in Europe! The economic benefit from a fall in gas prices is substantial. According to motoring organization AAA, consumers saved over $115 billion in gas [...]

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Baltimore Illuminated

Baltimore, NJ February 7th, 1817. Baltimore was the first city outside England to adopt gas street lights (London in 1807 was the world’s first) and the first in the United States. Today, seeing natural gas at $1.90 d/th maybe we will get a few returning! It was Rembrandt Peale — a member of the noted family of artists — who dazzled guests to his Holliday Street home in 1816, now the Peale Museum that is undergoing restoration, when he demonstrated a [...]

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