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Energy
What Happened to Silicon Valley Bank?
By now, everyone’s heard the Silicon Valley Bank collapse story. Its repercussions are, at present, still sending shockwaves across the banking system, leaving the experts, pundits, the Fed, and everyone wondering if another pillar will drop or can the system hold together. While the collapse of Silicon Valley Bank (SVB) seemingly happened overnight, were […]
Energy
A Deep Dive into this Week’s International Energy Complex
On the latest episode of Gasonomics, Tim Snyder of Matador Economics takes a deep dive into the recent week’s energy complex. The macro data is out: the consumer price index, producer price index, and retail sales for this time reveal new worries for a continuation of the numbers – and mean lower markets with higher […]
Energy
Gasonomics: What’s Up in Energy? More Oil Getting Pulled from Reserves
Explore the latest in the energy complex on the new podcast, Gasonomics with host Tim Snyder of Matador Economics. From the latest renewable energy news to the economic implications of the oil and gas industry, join Snyder as he gives an engaging and in-depth look at the energy sector. In the inaugural episode of Gasonomics, […]
Business Services
With Consumer Prices at Record Inflation, How Will the Fed Respond with Future Interest Rate Hikes?
Consumer prices have been soaring, reaching an inflation rate of 9.1 percent in mid-July, a record-high rate since 1981, according to PBS. Not only are consumer prices inflating, but employers such as Walmart are also inflating wages. Why and how much are Walmart wages inflating and how will this impact the economy as a whole? […]
Energy
Why You Need to Pay Attention to the Rising Cost of Diesel
Welcome to 2023, a year of change. Given last year’s waves of inflation, many are hopeful this year will bring in lower prices and higher purchasing parity. However, while some markets in the U.S. are trending toward recovery, others, like grocery prices, are still on the rise. What might be happening behind the scenes […]
Energy
Could China’s Re-Opening Fuel Higher Energy Costs?
After nearly three years of Covid isolation, one of the world’s largest economies has begun to reopen. As China re-emerges from intense lockdowns, new fear over global oil demand sparks economic woes. But will Chinese demand for fuel spill out into global markets? Posting a 3% growth rate GDP for the 4th quarter, the Chinese […]
Energy
How Rising Prices will Impact the Economic Forecast for Spring 2023
Global economies are still reeling and the results of that have shown up the year-end reviews of how several markets have performed. Tim Snyder, Economist at Matador Economics, recently discussed a few of these notable changes and his predictions for this spring. His economic forecast: a lot of fluctuation. For example, the energy complex recently started […]
Energy
U.S. Shale Oil Production is Down. What is Driving this Trend?
Gas prices spiked to over five dollars per gallon this year in many parts of the country, reaching a high of 120.31 dollars per barrel in March of this year. Now, the price is back down to just under 79 dollars per barrel. This drop in barrel price could be just one reason why […]
Energy
Keystone Pipeline Leak Consequences Spill Over into Gas Prices, National Economies
U.S. gas prices declined during December, but this relief at the pump could soon revert due to a significant oil spill from the Keystone pipeline leak. An estimated 14,000 barrels of crude oil spilled into a Kansas creek, forcing the pipeline’s closure on December 7, 2022. Adding to the concerns over a prolonged shutdown are […]
Energy
AAA New Report Suggests a Decline in National Averages for Gas Prices
AAA’s new report shows hopeful indications that prices are declining at the pump. With holiday shopping in full swing, everyone is looking for a deal. One area where consumers will be able to save a small amount in the coming weeks is at the pump. A new report from AAA explains that the current national […]
Energy
2023 Oil Price Instability: Rystad, Goldmand Saches, JP Morgan Analysts Predict High Prices to Come
2023 oil price instability remains likely as compounding research from oil analysts points to pent-up demand, new waves of COVID-19, OPEC+ production cuts, and more are creating scenarios for higher oil prices in 2023. Several factors are stacking to keep oil prices high next year. Some analysts have been countering this narrative in recent […]
Energy
Why Gustavo Petro’s Fossil Fuel Plan is Bittersweet for Colombian Businesses
Newly elected Colombian President Gustavo Petro has pledged that “the world needs an immediate withdrawal from the oil and gas industry”, marking a huge step towards net zero emissions. Starting by cutting back production significantly in his own country, Petro’s plan is not being received well by local communities who are feeling the full […]
Energy
Why Have Oil Prices Dropped And What to Make of China’s Reduced Demand
Oil prices have dropped to their lowest level since before the war in Ukraine, after Saudi Arabia and other OPEC+ countries were reported to be considering increasing their output after China’s tightened COVID restrictions. Will significantly-low oil prices genuinely hurt the outlook for U.S. demand, and what other geopolitical forces are at play? Economist Tim […]
Energy
The Current US Oil Landscape: Record Profits Among a Diesel Shortage
Diesel Reserves Hit Extreme Lows Once again, record-low oil reserves are making the headlines in oil and gas. Biden committed to releasing an “additional 15 million barrels” from the strategic petroleum reserves, reported Tim Snyder. The genuine concern is the current levels of the diesel reserves are a clear sign of a diesel shortage. […]
Reopening and Rebuilding All Energy Sources is the Key to Righting the Economic Ship
What would you do if the President of the United States called you and asked how you would right the economic ship in relation to energy? That’s the question we posed to economist and oil expert Tim Snyder. His solution begins with reopening and rebuilding all sources of energy that have been rolled back in […]
Energy
Economist Calls Out White House for Inconsistent Energy Rhetoric
Economist Tim Snyder calls out the White House for its inconsistent rhetoric on energy production and costs. As other market forces such as hurricanes and elections bring inconsistency to the industry, Snyder calls for a steady message from President Biden and his administration. Tim’s Thoughts: There’s a lot of confusion coming out of the White […]
Retail
How Retail Brands Can Embrace Authenticity, Accessibility and Inclusivity Across Generations
Generation Z, better known as Gen Z, is the generation that is increasingly drawing more attention from brands and companies. With this in mind, brands are ensuring they are not only meeting the spending needs of Gen Z, but also addressing the social issues and concerns that they care about. As a demographic, their […]
Sports & Entertainment
Jeff Bezos May Bid on NFL’s Washington Commanders With Jay-Z
(Bloomberg) — Jeff Bezos is interested in bidding for the NFL’s Washington Commanders, possibly with music mogul Jay-Z as an investor, according to a person familiar with the matter. Billionaires Dan and Tanya Snyder said Wednesday that they’re exploring options including a sale of the Commanders, weeks after facing renewed pressure to step down. […]
Energy
What Another 15 Million Barrel Tranche Means for Oil and Gas Prices
According to Washington Post, the United States is regarded as the world’s oil barrel of last resort, but what does it mean for hundreds of millions of Americans when depletion becomes an addressable concern? On October 19, “the Biden administration announces another 15-million-barrel tranche to come out of the Strategic Petroleum Reserve (SPR) for […]