It’s commonly known most goods that Americans use in their lives are transported and delivered by truck. According to the U.S. Census Bureau’s latest Commodity Flow Survey, trucks transported 71.6% or $10.4 trillion of...more
Over the past few years, we’ve faced and weathered tough crises—from COVID to war to inflation—each one disrupting some aspect of the supply chain. Earlier this month there was another shock to the system which thankfully...more
The past few months have seen headlines that reinforce the creativity and innovation within the energy industry—all in the name of Environmental, Social, and Governance (ESG)....more
6/27/2022
/ Bitcoin ,
Bitcoin Mining ,
Cryptocurrency ,
Digital Currency ,
Energy Information Association (EIA) ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Oil & Gas ,
Popular ,
Transparency
There are only a handful of things you can count on in life: death, taxes, and hurricanes. This is especially true for those of us living along the Gulf Coast. The National Oceanic and Atmospheric Administration (NOAA)...more
Optimization tools are powerful additions to the arsenal of business systems for any company. The tools leverage the transactional advantages afforded by the discipline and interconnectedness of energy trading and risk...more
Controlling costs is critical for any energy company. Firms may spend to grow through acquisition, new business development, gain market share, or invest in new opportunities. However, as a business activity also decreases...more
Here are five critical components of supply chain planning that need to be taken into consideration in the wake of the Colonial Pipeline outage...more
Artificial intelligence (AI) is no longer simply an industry buzzword. Today, it is a prevalent technology that has made inroads in nearly every industry sector, from healthcare and retail to manufacturing…...more
Will the downstream energy sector be able to accommodate forecast increased fuel demand in a post-covid-19 world, avoiding a bullwhip effect within the supply chain in the process?...more
As states begin to reopen their respective economies, the lasting impacts of COVID-19 will likely usher in a new supply chain that will exhibit a degree of disconnected connectedness to protect human involvement.
...more
An editorial published in the Standard-Examiner, titled “For states like Utah, IMO 2020’s new regulations can’t come fast enough”, discussed the operational advantages of refining operations in Utah and how the state is well...more
When you think of your supply chain, what do you consider? For a traditional downstream refiner, you may include pipeline, truck, rail and vessel logistics. You may think about where inventory is stored. Do you have a picture...more
12/13/2019
/ Downstream Agreements ,
Energy Sector ,
Inventory ,
Logistics ,
Oil & Gas ,
Pipelines ,
Railways ,
Strategic Planning ,
Supply Chain ,
Supply Contracts ,
Technology ,
Trucking Industry ,
Vessels
On January 1, 2020, the new International Maritime Organization’s regulation—dubbed “IMO 2020”—for sulfur reduction from 3.5% to 0.5% will go into effect. The regulation stipulates that oceangoing vessels must use either a...more
11/26/2019
/ Corporate Liability ,
Criminal Convictions ,
Criminal Penalties ,
Department of Justice (DOJ) ,
Discharge of Pollutants ,
Enforcement ,
Enforcement Actions ,
Environmental Policies ,
Fraud ,
Government Investigations ,
Liquid Natural Gas ,
Maritime Transport ,
Methanol ,
New Regulations ,
Oil & Gas ,
Penalties ,
Port Authority ,
Renewable Fuel Standard ,
Shipping ,
Singapore ,
Supply Chain ,
Vessels ,
Virgin Islands
Like the Gold Rush of the mid-1800s, the IMO 2020 low-sulfur marine fuel regulation, scheduled to go into effect January 1, 2020, presents both opportunities and challenges for all participants involved. Patrick Long,...more