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IN THE NEWS - 2007 ARCHIVES

ARTICLES, PRESS RELEASES & MEDIA


12.14.07 | ARTICLE

Investor's Business Daily

In an article about rising energy costs, Steve Wilhite, Summit President and CEO, comments on the potential for turning the market around. Read Article
12.01.07 | ARTICLE

Industry Week - Continuous Improvement Gets a Green Makeover

In Industry Week's December 2007 Green Issue, Vice President Jason Miller and Manager of Energy Sustainability John Hoekstra comment on including usage reduction and green efforts in business strategies. Read More
11.21.07 | MEDIA

Bloomberg - Market Pulse

Amanda Kurzendoerfer reacts to oil inventories. She thinks $100 oil is in sight and the market could possibly push toward it with strong bullish momentum. Watch Video
11.15.07 | MEDIA

Bloomberg - German, Dutch Next-Day Power Falls as France Restores Output

German and Dutch day-ahead electricity fell as capacity was restored after yesterday's strike. Next-year power prices also declined. Sebastien Terryn, a commodity analyst at GfE Energy Management NV, discusses what might have caused the fall. Read Article
10.26.07 | ARTICLE

Industry Week - Manage Your Energy By Letting Others Do It For You

Steve Wilhite, President & CEO of Summit Energy, explains that executives don't have to be energy experts to optimize energy expenditures. Some companies, with much success, have turned to independent energy management consultants to help them assess energy use, suggest alternative purchasing strategies, and even represent clients in negotiations with suppliers. Read More
09.07.07 | PRESS RELEASE

Summit Energy Partners with Weston Presidio

Weston Presidio, a leading private equity firm, has made a strategic investment in Summit Energy. This partnership will allow Summit Energy to continue to expand their suite of services to their multi-national customer base. In addition, two Weston Presidio Partners will be added to Summit's board of directors – Mr. Chip Baird and Mr. Mark Bono. Read More
08.16.07 | PRESS RELEASE

Group 1 Automotive Announces Energy Management Agreement with Summit Energy

Group 1 Automotive, a Fortune 500 automotive retailer, announced that Summit Energy will manage energy purchasing for its 104 domestic automotive dealerships. The agreement will eventually include Group 1’s European locations and will deliver efficient, enterprise-wide procurement processes and management services for all energy contracts. The partnership allows Group 1 to leverage economies of scale when securing energy contracts and enables the company’s employees to focus on core activities. Read More
07.25.07 | MEDIA

Bloomberg - On The Markets

A build in gasoline and and an even larger build in distillates doesn't surprise Amanda Kurzendoerfer, Commodity Analyst. She comments on the state of gasoline, as well as the buillish undertone in the crude oil market. Watch Video
05.18.07 | ARTICLE

Wall Street Journal - Gasoline, Crude Oil Soar Amid Refinery Glitches

This article about the recent gasoline and crude oil spikes, discusses the latest refinery glitches. Brad Samples, Commodity Analyst, comments about these new refinery issues and how they have brought back fears of depleting supply. Read More
05.18.07 | ARTICLE

Gas Daily - EIA: Storage rises another 95 Bcf to over 1.8 Tcf

See page 3 for Brad Samples, Commodity Analyst, explaining that “utilities learned their lessons” after last year’s summertime storage draws and have been aggressively taking advantage of any dips in price to buy for injections. Read More
05.16.07 | MEDIA

CNBC Morning Call

Gasoline prices are extremely high due to, what Tim Statts - Vice President of Risk Management believes, massive refinery outages. Statts also comments on the crude oil supply from Mexico and Canada and how it impacts the United States. Watch Video
04.30.07 | ARTICLE

ChemInfo - Innovative Ideas & Solutions

Chemical processing plants share their strategies for overcoming today's toughest challenges. Jack Fahler from Carmeuse, Summit client, shares why they look to Summit Energy to help them manage the challenges of the energy market. Read More
04.04.07 | MEDIA

CNBC Morning Call

Breaking News Report: EIA oil inventories show crude stocks up 4.3 million barrels and gasoline supplies down 5 million barrels. Amanda Kurzendoerfer sounds off on the reasons for the dramatic changes and the impact into the summer driving season. Watch Video
04.01.07 | ARTICLE

Modern Plastics Worldwide - The Greening of an Industry

Summit client, Saint-Gobain is featured in this article about managing energy demand in a volatile energy marketplace. Read More
03.28.07 | PRESS RELEASE

Summit Receives Top Supplier Award from Eaton

Summit awarded with one of Eaton's Top Supplier Awards. Summit has been providing energy management services to Eaton for more than a decade. Read More
03.20.07 | PRESS RELEASE

Summit Acquires Majority Interest in MCE

Summit acquires Mexico-based energy efficiency firm and expands service offering. Read More
03.12.07 | PRESS RELEASE

Summit Acquires PoCo Energy Group

Summit acquires Dallas, Texas-based firm and enhances regional presence. Read More
02.20.07 | PRESS RELEASE

Summit Receives Supplier Excellence Award from Eaton

Summit honored by Eaton as a recipient of Eaton's Supplier Excellence Award for the second year in a row. Summit has assisted Eaton with their energy mangement for more than a decade. Read More
02.20.07 | PRESS RELEASE

New CEO Named at Summit Energy

President, Steve Wilhite, was named President and Chief Executive Officer of Summit Energy, succeeding Jim Headlee who will continue as the company’s Chairman of the Board. Read More
01.11.07 | ARTICLE

Manufacturing.net - Energy Costs: "If You Don't Manage It, It Will Manage You"

John Marrone, Vice President of Purchasing at Saint Gobain, shares reasons why he sought a partnership with Summit Energy to help manage the company's energy procurement and strategy. Read More

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