Recently, Summit Energy commodity analyst Matt Smith appeared on CNBC’s Squawk Box to field questions on how the release of 30 million barrels of oil from the U.S. Strategic Petroleum Reserve (SPR) affects the crude oil market. Matt’s appearance led me to do a little digging on the history of the SPR, which uncovered five fascinating historical footnotes, some awesome ’70s-era YouTube video clips and 62 underground salt caverns that hold more than 700 million barrels of crude oil. continue
Another birthday and a drawer full of v-neck undershirts signal I’m ready to embrace my inner “old man.” These days I spend a lot of time complaining and talking about the way things were “back in my day,” back before gasoline was $4.07 a gallon. One day last week unleaded gas shot up 37 cents a gallon. Summit Energy commodity analyst, Matt Smith, attributed the meteoric rise to “flooding on the Mississippi, which is impacting both production and transportation of the fuel.” Matt’s right, of course, but the grumpy old man in me would rather blame it on “kids these days” or Communism. continue
Like a squirrel on water skis, technology never ceases to amaze me. The fact that I can program my DVR from my smart phone or track my pizza preparation online really brings out my inner geek. For my latest blog post, I decided to research the effect of technology on Demand Response (DR). From a discussion standpoint, DR has raised its redheaded stepchild status to Sustainability Services’ golden child. As it happens, Demand Response is steadily moving from being a lucrative initiative for select companies to becoming an increasingly important cost-saving concept for residences. continue
On March 16, I will be visiting Las Vegas. In an effort to encourage corporate sustainability, specifically sustainable tourism, I’ve taken it upon myself to support companies that exhibit environmental stewardship and energy efficiency. That’s why I just might seek out and congratulate a Caesars Entertainment Corporation representative for the company’s very successful corporate sustainability strategy.
At this point, it bears mentioning that the timing of my visit to Las Vegas, the location of Caesars’ Nevada headquarters and a certain college basketball tournament are all purely coincidental. Also coincidental: that I planned this trip with seven other Murray State alumni last June. continue