April 10, 2024

Cashing in on Clean Energy + Diesel Prices to Rise Rapidly

crude futures prices this year
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The Department of Energy is giving KraftHeinz $170 million for heat pumps and biogas boilers at 10 plants. Others may want to investigate how they can get this kind of money. Oil prices are up. On Friday, Crude oil was nearly $87 a barrel, up ~20% this year. This increase in oil prices is putting additional pressure on supply chains and transportation costs, further emphasizing the need for sustainable energy solutions and government incentives to help companies transition to greener alternatives.
 
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However, on-highway diesel has not tracked crude prices up by 4.77%. This will not persist:Diesel prices 24

 

Reminder: Jake Barr and I are in a Webinar on April 18 at Noon. Sign up here:   https://www.linkedin.com/events/seamlessintegrationensurestimel7175491015569481728/theater/

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