You searched: Tim Snyder

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 […]

Are our current energy resources sufficient enough to protect the security of the United States? According to YCharts, the reserves were around 638M on January 20, 2021, when Biden took office. Six months ago, in March, the Biden administration committed to releasing barrels from the national oil reserve. The commitment combats surging prices at […]

On Tuesday, August 16th, 2022, President Biden signed the Inflation Reduction Act into law. The sweeping legislation includes approximately 750 billion dollars in spending to address rising health care costs, tax reform, and green energy initiatives that will help reduce carbon emissions. However, not everyone is quite buying that it will do everything it claims. […]

Key Insights Hurricane Harvey knocked out 20% of US oil production. Gas prices have fallen below $4 a gallon. The complex oil market is full of variables, making it volatile. After months of rising gas prices, the US average price for a gallon fell below $4. Two significant factors are contributing to the decrease. First, […]

Key Insights: The US GDP shrunk for the second quarter in a row. 66% of Americans worry that a significant recession is around the corner. 58% of Americans are living paycheck to paycheck. When the economy is teetering in recession, food prices, gas, and essential goods are rising faster than in 40 years. The US […]

Heightened gas prices, grocery prices, and the rising costs of most essential goods have become a very real challenge for many Americans, with the CPI increasing 9.1% year-over-year in June. Inflation has also caused producer concerns as supply chain issues persist, supplier contracts become more expensive, and rising prices lessen demand. However, recent AAA reports […]

Halfway through 2022, early concerns about how the Federal Reserve and Biden administration have handled skyrocketing gas and commodity prices are proving to be valid. The upward price pressure on all fuel products, crude oil, agricultural commodities, food, etc. has put significant pressure on the U.S. economy and many believe a recession is inevitable. “The […]

With oil and gas prices on everyone’s mind, some good news came to the industry recently in the form of a 6-3 Supreme Court decision. Voting in favor of West Virginia v EPA, the Supreme Court turned the decision of regulation back to Congress. The EPA had been requiring states and companies to restrict their carbon […]

Tim Snyder, an economist at Matador Economics, joined MarketScale to share his thoughts on the potential impact of another COVID outbreak in China on the U.S. economy. Growing inflation clearly has experts nervous, as prices continue to rise across the board. Snyder introduces a new conundrum called “sqeeze-flation” and explains why mom and pop businesses […]

Key Insights US oil supply has steadily decreased since May 2021. The US oil supply has experienced an unprecedented decline. Oil prices continue to increase for the 2022 driving season. The great oil crunch that the US is experiencing does not show any slowing signs. The inventory has been steadily tightening since April 2020. The […]

President Biden announced Tuesday morning that the United States was banning oil imports from Russia. This comes after Ukrainian President Volodymyr Zelenskyy called on U.S. lawmakers for assistance over the weekend. The ban on Russian oil is broadly popular on both sides of the aisle in Congress, as well as with the American people. According […]

California is in emergency mode to reign in a 25-mile oil slick, after an estimated 3,000 barrels, or 126,000 gallons, of post-production crude was spilled in the Pacific Ocean off the coast of Orange County. Though the situation is still on-going, authorities suspect a ship’s anchor may be to blame, cutting into an off-shore pipeline. […]

The Taliban took over Afghanistan on Sunday, as they flooded the capital, Kabul, while the U.S. worked to remove all of its foreign dignitaries. Scenes of crowded airports and Afghan citizens clinging to an American bomber flooded the internet, and news broadcasts Monday. The impact will be felt around the world, particularly on the oil […]

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 […]

With the new decade having officially dawned, host Tyler Kern was joined by Matador Economics President Tim Snyder to discuss what 2020 and beyond might hold for the oil and gas industry. Specifically, Snyder said, the recent conflict in Iran initiated a run-up of the price of gasoline, diesel and crude oil that typically occurs […]

It was storytime on this week’s episode of People, Process, Service, as a true professional in the field of broadcast journalism came into the MarketScale studio to chat with hosts Bill Kasko, President and CEO of Frontline Source Group, and Tyler Kern, MarketScale publisher. Mike Snyder is head of communications at the Tarrant County […]

Hurricane Dorian is pummeling the east coast of the United States after wreaking havoc on the Bahamas. On the September 4th episode of Business Casual, Daniel Litwin and Tyler Kern talked to Tim Snyder, the President of Matador Economics and a noted oil and gas industry expert. They discussed the impact of the storm on […]