Natural Gas

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How To Buy Energy – The Guide To Commercial Energy Procurement

How To Buy Energy For Your Business You are most likely a category buyer responsible for indirect procurement. Energy is unlike other indirect spends so if you’re not familiar with buying energy or utility sourcing processes, this article will help provide some high-level guidance. Because energy is a commodity, it brings a number of additional risks and price considerations less prevalent in other areas of the supply chain.  Companies can either buy energy directly from energy suppliers or through the [...]

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LNG Exports

LNG Exports – Massive Increase Planned What has US Natural Gas, Liquid Natural Gas (LNG Exports) and London have in common? Ninety years ago today, the first successful radio-telephone conversations took place between New York and London thanks to the American Telephone and Telegraph Company (AT&T), Radio Corporation of America and Britain’s General Post Office (GPO).  Since then the pace of change in telephony and technology has been incredible, enabling global trade and communication to be carried out instantly from pretty [...]

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Oil Storage Fills

Oil Storage Fills Globally More than twice the normal number of oil tankers languish off the coast of Europe’s largest oil terminal in Rotterdam, as the port struggles to unload into bloated oil storage facilities.  It is reported that twice the normal number of vessels are outside the port, leaving around 50 patiently waiting. This side of the pond it’s a similar story, the main US oil storage facility in Cushing, Oklahoma is also at record highs, with an estimated 30 [...]

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Keep Volume Down!

Keep the Volume Down Normally, this is a rant to my son as he hammers away on his drum kit.  But it is a sentiment being echoed throughout the US oil industry to global producers who have so far at least, no intention to keep the volume down – of oil production of course. It’s the basic rule of economics.  If it costs you $50 to make, but you can only sell it for $30, you aren’t going to be in [...]

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Oscars, Environment and Oil

Oil Prices Rise Yes, today’s blog has it all. Oscars, Oil Prices and environmental news. As the red carpet is rolled up for another year, the tinsel town must be quite pleased that it managed to navigate through the racial diversity row…for now.  Chris Rock joked, “You realize if they nominated hosts, I wouldn’t even get this job! You’d all be watching Neil Patrick Harris right now.” If race wasn’t the main topic last night, then the environment was. After five previous nominations, [...]

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