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Monthly Archives: September 2024

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Tick Tock: The Fed Cuts Rates, Markets Rally, and Oil Wobbles – Navigating Uncertain Times

Yay…we did it. The Fed cut interest rates by a robust 50 points last week. It was the first rate cut since March 2020. Does anyone even remember 2020 anymore? The Fed is now satisfied that they have inflation in a hammerlock and are “recalibrating” to support the labor market and economic growth. To that end, they see a […]

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Freight Market Overview with Andrew Etter of SPI Marine

In today’s episode we outline the current Freight market with our guest Andrew Etter of SPI Marine. In this Episode, Andrew shares his insights on the dynamics of the shipping markets and how the market has changed since the Pandemic.  

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Storms, Oil, and Markets: A Week of Wild Weather and Economic Whirlwinds

Last week in the Gulf Coast, it was raining cats and dogs….. but fortunately nobody ate them.     It could have been much worse, but the damage from Category 2 Hurricane Francine was not too severe despite the 6 – 9 inches of rain. A notable event was that a huge oak tree in Watson, Louisiana split apart […]

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Drill Baby Drill? Maybe We Already Are: The Paradox of Falling Gas Prices and Record Oil Production

We have to drill baby drill?  Or maybe we already are. With crude prices dropping, gas prices at the pump are following suit. Indeed, US gas prices hit a six-month low of $3.31 a gallon last week, down 50 cents from this point last year, according to AAA.   By Thanksgiving, up to 40 states could be below $3 a gallon, according […]

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Refined Products Price Discussion with Matt Kohlman at Platts, part of S&P Global Commodity Insights

In today’s episode we outline the current Refined Products market with our guest Matt Kohlman of Platts, part of S&P Global Commodity Insights. In this Episode, Matt shares his thoughts on Gasoline & Distillate arbs, LATAM Products movement, and the current price movement in diesel.  

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Labor Day Reflections: Celebrating Workers, Oil Markets, and Securing Storage with The Tank Tiger

Yesterday we celebrated the summer/fall tweener holiday which is Labor Day. We hope everyone enjoyed their time off. It is a day to honor and celebrate the American labor movement and the contributions of workers to the country’s strength, prosperity, and well-being.  The holiday originated in the late 19th century, as labor activists pushed for a federal holiday […]

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