The global semiconductor shortage appears to have officially “bullwhipped” its way the other direction and, as such, as become a glut. Yes, you read that right, there is now reportedly a glut of semiconductors at […]
By Craig Fuller, CEO of FreightWaves For freight companies, this year’s peak will be weak Peak season, an annual event in the freight industry, serves as the most important season in the calendar for many […]
The U.S. is facing a diesel crunch just as demand is surging ahead of winter — with only 25 days of supply left, according to the Energy Information Administration. National Economic Council Director Brian Deese […]
Oil prices rebounded today from earlier losses as fears over tight supplies once again became top of mind for many as ‘peak hawkishness’ overtook ‘China demand fears’. Oil was also helped by a weaker dollar… […]
Authored by Allen Stein via The Epoch Times, Jeff Worsham is a realist regarding the weather because he believes what he sees. That the regional drought is a bad one, getting worse, is beyond […]
25 days later. A real-life horror created by The Federal government. Yes, according to the US Department of Energy, the US has only 25 days of diesel supply left. The diesel crunch comes just weeks ahead […]
As inflation continues to persist and the Federal Reserve continues to hike interest rates, Fitch Ratings is warning the US economy is on track to endure a 1990-style recession by this spring. On Tuesday the […]
Data source: U.S. Energy Information Administration, Natural Gas Annual Note: Full U.S. natural gas flow diagram In 2021, both U.S. natural gas marketed production and natural gas exports established new records. Marketed, or wet, natural […]
Data source: U.S, Energy Information Administration, Petroleum Supply Monthly, and the Surface Transportation Board Reposted to correct the units of measure in the chart. Fuel ethanol, a biofuel most commonly mixed with finished motor gasoline, […]
Crude oil prices continued their fall on Tuesday, with WTI now dipping to levels not seen since before the OPEC+ meeting. The November contract for WTI crude fell to $83.22 per barrel on Tuesday afternoon—sliding […]
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