Last week we had yet another wild and downright frenetic biodiesel market as the US Biodiesel Industry tries to digest all that it has in front of it at present. RINs–how much should they be? How many are needed? Then, of course, the tax credit; but as I have stated already, I will not even address this phantom possibility until there are some tangible rumblings from Capitol Hill. This market needs to rationalize how it will be managed between counterparties, nevertheless. Then, of course, the HOBO that has come to look similar to most bio traders EKG charts after this past year!Read More
John Donicht is the president of The Jacobsen. Growing up in Minnesota, he has always had a love for the outdoors. He attended the University of Wisconsin Madison where he earned his Bachelors degree in Economics and an MBA in finance from the University of MinnesotaRead More
During the second half of 2014 oil prices experienced one of the largest declines on record, comparable only to the decline seen during the U.S. financial. The drop consumers witnessed in 2008 was different in scope as the declines seen were a function of eroding demand.
The drop in crude oil prices during the latter half of 2014 was a function of increasing supply; demand continues to increase spurred on by lower prices. Now that oil prices have reached a critical level, one where many of the swing producers cannot generate profits, the question for investors is where will prices go in 2015?Read More