The International Maritime Organization rule, IMO 2020 established strict regulations on marine vessel sulfur emissions, there are really two common ways to comply with regulation. Either limit the sulfur content in the fuel being used or add scrubbing units to the exhaust system to capture the excess sulfur oxide being expelled from the vessel’s exhaust. […]
Read MoreNot Out of The Woods Yet
As we approach mid-June, a lot of counties within Pennsylvania have or are preparing to move into the green phase of re-opening. However, there are still a lot of areas in and outside of Pennsylvania that have delayed any re-opening, Philadelphia for example still remains in the yellow phase. Over the past twoweeks we started […]
Read MoreUnemployment Rates Surprisingly Fall and Post-Corona Recovery Begins
Unless you’ve been living under a rock since February 2020, you’ve probably noticed the economic impact worldwide of the novel corona-virus, Covid-19. There has been little to no positive news even as Governors ease restrictions and states/counties move from red to yellow to green phases, until the May 2020 unemployment rates were released days ago. […]
Read MoreGlobal travel restrictions encourage global fuel glut
With global chatter circling around the latest mass scale respiratory ailment, the coronavirus, there is global glut of petroleum fuels. Like SARS, in 2003, the coronavirus is thought to spread through respiratory droplets being transmitted form one person to another (i.e., sneeze or cough). With the potential for person to person transmission being so high, […]
Read More2020 And Rig Counts
After the recent drone strike and killing of Iran’s major general Qasem Soleimani, it goes without saying the United States may experience more difficulties importing crude oil from the Middle East. Along with external problems, the U.S. also faces internal issues. As we go into 2020, we are starting to see a decline in rig […]
Read More2020 Is Here, Fuel Anyone?
It’s a new year and a new decade, time to establish your fuel budget for the new year! Is your business the type that relies on a set budget for distillates or gasoline? Do you look to protect your costs in a volatile market? Around this time last year, we experienced a significant drop followed […]
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