Don’t Mess With ERCOT?

The Electric Reliability Council of Texas (ERCOT) is asking… and warning… again… AUSTIN, TX, June 14, 2021 – The Electric Reliability Council of Texas (ERCOT) is asking Texans to reduce electric use as much as possible today through Friday, June 18. A significant number of forced generation outages combined with potential record electric use for […]

Bringin’ The Rain 2021

Also bullish for fuel prices, there is a tropical disturbance in the Gulf of Mexico that has a 80% chance of turning into a tropical cyclone over the next 5-days. Hurricane Season runs from June through November and can greatly affect refined fuel product prices if refineries in TX, LA, MS, and AL are taken […]

$100 Dollar Barrels On The Wall…

U.S. crude prices hit $71.78 a barrel on Monday, their highest level in more than 2½ years, before closing slightly lower at $70.88. Prices have roughly doubled since the end of October. Some traders are using options, which allow the holder to buy or sell an asset at a specific price in the future, to […]