The Colonial Pipeline Cyberattack is a Study on Material Price Fluctuation
The recent successful cyberattack on the Colonial Pipeline sent a shockwave throughout the oil and gas industry beyond in the United States, and it’s not serving as a unique case study in how the sector impacts the entirety of the supply chain and many corners of society.
To diagnose the attack’s impact and help break down what companies in other industries affected by the incident can do to help insulate themselves from future similar disruptions, host and Voice of B2B Daniel Litwin invited Matador Economics Energy Economist Tim Snyder onto this episode of MarketScale TV.
Matador is an economic consultancy firm focused on applying macroeconomic data to supply and demand models to help companies in price discovery for today and the future, meaning it’s uniquely positioned to conduct a post mortem on the recent cyberattack and explore what it could mean for market movements.
The duo also dove into some of those strategies for insulating financial movements, particularly within the oil and gas industry, itself, from these types of incidents. In the wake of the Colonial Pipeline attack, consumers across the country scrambled to fill up, hiking up demand, driving up prices and creating localized shortages that had nationwide impacts.
Follow us on social media for the latest updates in B2B!
Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale
Latest
Unleashing Educator Brilliance: Transformative Thought Leadership in Education
In an era where education stands at the crossroads of tradition and innovation, the potential value of thought leadership becomes the guiding star for progress. “Just Thinking” dives into this potential with host Kevin Dougherty and guest Evan Edwards, a Professional Learning Specialist at 806 Technologies who exemplifies the transformative impact of visionary guidance […]
Exploring Strategic Scheduling with Timely: A Key to Managing Educational Fiscal Challenges
Author: Michael Horn Educational institutions today are facing a financial precipice, with declining enrollments and funding cuts. Many schools are struggling to adapt to these fiscal pressures, highlighting the need for transformative solutions. This scenario raises an urgent need for innovative strategies like strategic scheduling to manage resources efficiently. What innovative approaches can districts […]
Navigating the Highways of Driver Recruitment and Retention
In the bustling trucking world, the driver recruitment and retention challenge remains a pivotal concern. As industry leaders converge at the Women in Trucking conference, a hotbed for innovation and discussion, Optym’s Semi-Related podcast sheds light on these critical issues. Hosted by Jacob Eischen, this episode features Priscilla Peters, The Chief Marketing Officer for […]
