With H.R. 1, the tax bill signed into law at the end of 2017, January 1 debuted reduced corporate taxes from 35% to 21% — a positive impact for companies, in general. However, as a Wall Street Journal article points out, the certainty of tax reform brings uncertainties ahead on actual financial outcomes for pipeline transportation operators.Read More
Most Americans who hear the phrase “Hail Mary” (outside of church) think of football. It brings to mind a long pass in the last seconds of the game that scores a victory for the team who would otherwise have lost.
In June, the Vatican had its own pep talk for “Team Earth” with oil and gas executives: quit drilling for fossil fuels that cause harm to the environment and impact the world’s poorest. At the event, the Pope emphasized his interest in the renewables strategy, much like a “Hail Mary” for humanity.Read More
Global Growth. NAFTA negotiations. Trade wars. Trucking crisis. Fuel price increases. As events continue to shake and rattle the growing economy, is now the best time to take another look at your company’s capacity planning?Read More
How to manage profits with growth opportunities
“Global economic growth is lifting more people into the middle class in developing countries, and higher incomes mean sharply rising demand for consumer goods and services.”
This statement from a recent International Energy Agency (IEA) report is good news for the petrochemicals market, forecasting 25% growth for this oil and gas sector. However, does growth mean increased profits? If capacity, product mix, inventory costs, and numerous other factors are not aligned, the answer is…not necessarily.Read More
Gartner's release of its 14th annual Supply Chain Top 25 provides an inside view of the elite corporations and their advanced practices that make them the best in the world.
In the Supply Chain Top 25 ranking, Unilever retains its number one spot with a composite score based on six categories, like Gartner and peer opinions, inventory turns, revenue growth, and more.Read More
A company making a widget that sells for $50 but in a matter of months gains demand, allowing the price to be bumped up to $70, would sound like a great thing. Right?
If only it were that simple in the Energy industry. The barrel price of Brent crude — the thermometer of industry health — has made a comeback that has many stakeholders more skeptical than elated. Why? Unlike other industries, Energy turns on an axis of its own as we covered earlier. However, what makes this time different is that the uptick, for most U.S. firms, comes from a position of offense as a leading exporter rather than playing defense because of foreign oil actions. The equation has changed.Read More
In oil and gas trading (and many other types of Energy trading), the description of legendary 80s arbitrager Ivan Boesky holds partial truth today. Boesky — the inspiration for Wall Street’s Gordon Gekko character — was said to have had the hide of a rhinoceros and the nerve of a burglar.