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Bad Doggie Economics: When Market Signals Get Messy

Once upon a time there was a German Shepherd named Spridle. He was an obedient canine, who always aimed to please his master. That is of course, when the master was attentive. Occasionally when the master was less than observant, Spridle would sneak off and go on a neighborhood patrol of garbage cans. Spridle would make a living […]

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While You Were Grilling, Inventories Were Filling

We hope everyone had a restful Memorial Day and we’d like to take this minute to express appreciation to the brave men and women who have made the ultimate sacrifice for our freedom.  In between the barbecues and beach trips, the holiday represents a sacred pause and a national moment of remembrance. Amongst the waving flags […]

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Tariff Tango: Wax On, Wax Off, Trade On, Trade Off

Tariffs come on, tariffs come off. Wax on, wax off. Mr. Miyagi could not have done it any better. The U.S. and China have agreed to slash the trade war tariffs on each other’s goods for 90 days. Each country will cut tariffs by 115%.  This game of chicken will delete the reciprocal tariffs and the brinksmanship these countries […]

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Ayyy! Crude’s Back in the Fifties

Sunday Monday happy days, Tuesday Wednesday happy days, Thursday Friday happy days, Saturday what a day, Rockin’ all week for you.  For those of you who are pining for the 50’s, well….oil prices are back to the 50’s! With the confluence of news coming out revolving around increasing global supply while demand recedes, it’s only a […]

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Snapback from the 50s: Oil’s Slide, Tariff Tide, and Storage’s Sweet Spot

  Well….that escalated quickly. The whole world has not gone bananas…but there is a tariff on bananas. No one really knows what kind of quilt we will end up with when this tangled tariff sewing kit is put to sleep. What we do know is that it has cast a cloak of uncertainty upon markets, businesses and consumers […]

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Boom Boom Boom Goes the Contango Drumbeat

An old man sips on his sweet tea as he casts a curious eye towards the little boy digging feverishly through a huge pile of manure, moving a shovel full at a time from one pile and slowly building another. After a while, curiosity got the best of him and he asked the boy why he […]

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10 Year Anniversary Post

On April 2, 2015, we cracked open the wooden door in an old office building in downtown Princeton with nothing more than an idea and some used office furniture (see photo). That evening, we attended the Vessel Owner’s Dinner in Philadelphia to see if we could find anyone looking for tank storage and, hopefully, match them […]

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Gasoline, Distillate, & Crude Market Spotlight on Inventory release day

As of today, July 24, 2024, the price of West Texas Intermediate (WTI) crude oil is experiencing a moderate increase. The current spot price is approximately $81.25 per barrel, down slightly by 0.22% from the previous day but up by 5.44% from the same time last year. This slight decline comes after a bullish report […]

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