Post-Pandemic Demand, Pricing Point To Optimistic Natural Gas Outlook - Part 1
The United States Energy Information Administration (“EIA”) issued an August 20th report titled: Average State Tax Rates for Retail Gasoline and Diesel Fuel Flat Since January 2024 (“Report”)....more
On May 30, 23 Senators signed a letter to the Attorney General, calling on the U.S. Department of Justice’s (DOJ) Antitrust Division to “use every tool” to investigate the oil industry for potential violations of the Sherman...more
The Cozen Lens- • The disarray in the House GOP conference has political benefits for Democrats, at least in the short term, but it could also have a significant impact on FY24 discretionary spending, which could result in...more
On July 6, 2023, the German parliament adopted the “Competition Enforcement Act.” The new law still lacks final approval by the Bundesrat, which will not be granted before the end of September, but this is only a formality....more
On 26 April 2023, the Australian Federal Government published its proposed Mandatory Code of Conduct for the supply of wholesale gas in the East Coast Gas Market. The draft Code continues the existing $12/GJ price cap...more
Last September, in response to significant increases of the retail price of gasoline, California Governor Gavin Newsom called for a special legislative session to consider the imposition of a price cap or “price gouging...more
The current landscape of M&A and A&D dealmaking in the U.S. oil and gas industry looks a lot different than what it did in the 2015-2019 period. During the pandemic, commodity prices sank to historically low levels (WTI crude...more
There is no way to avoid it. It seems like everything costs more now than it did last week, last month and last year. Energy is one area with very sensitive prices. You have likely experienced the significant changes in...more
It’s commonly known most goods that Americans use in their lives are transported and delivered by truck. According to the U.S. Census Bureau’s latest Commodity Flow Survey, trucks transported 71.6% or $10.4 trillion of...more
Following the easing of Covid pandemic restrictions, we are now facing a fresh “cost of living crisis” created by rising inflation and soaring energy bills. The Guardian newspaper reported that forecourts at petrol...more
Now less than one month before Election Day, the New York Governor's race is far closer than most had anticipated. Incumbent Democrat Kathy Hochul, who succeeded Andrew Cuomo following his resignation, is being pressed by...more
The Cozen Lens- The 2020 election and its aftermath were a major stress test of American democracy. There are more stress tests to come in this year’s midterm election and in 2024. ...more
The 2022 primary election cycle has now wrapped up. Much of the focus, as primary election days have come and gone, has been on the winners and the losers. But some other interesting trends and themes have emerged over the...more
The Cozen Lens- •For all the focus on the culture wars in the midterms this year, politicians in close races are spending most of their time focused on the economy, likely making it the decisive electoral factor. ...more
Demand for Narrowbody Aircraft Exceeds the Available Supply- Outside of Asia, summer travel has seen a large recovery and this has coincided with a large uptick in demand for narrowbody aircraft by both airlines and...more
Die Höhe der Gasbeschaffungsumlage wurde am 15. August 2022 mit 2,419 Cent pro kWh festgelegt. Drohen Letztverbrauchern neben dem allgemeinen Preisanstieg und diesen Mehrkosten noch weitere Beeinträchtigungen?...more
Increasing prices are on the minds of many. Price spikes have increased spending on housing, food, clothing, and more. Fuel prices—and especially gasoline for cars—are at the core of many of these increases. A lot of factors,...more
Against the backdrop of drastically increased gas purchase prices and their impact on large German gas importers, and in anticipation of an even further escalation by Russia of the gas supply disruption linked to the war in...more
The Cozen Lens- •In a divided America, few issues seem to cut through the partisan chasm between Democrats and Republicans. But that chasm is on a razor's edge in close races that can determine control of Congress. ...more
Welcome to Green Tax, Vol. 2. Each quarter we will provide a recap of some of the important energy tax issues of the last quarter, including court rulings, IRS rulings and guidance, legislative activity, and more. ...more
The Cozen Lens- •Democrats all share the same goal of trying to maintain as many seats in Congress as possible, but how they should go about doing so depends on who you ask. •Meanwhile, Republicans are poised to retake...more
Summer driving season, and the consequential increased fuel demand, have officially begun. After more than two pandemic years and countless canceled vacations, people are anxious to reinstate their summer travel plans. The...more
In closely watched testimony before the Senate Banking Committee, Fed Chair Powell acknowledged on Wednesday that the central bank faced a perilous situation in trying to “lower rapid inflation without tipping America into a...more
The Environmental Protection Agency (“EPA”) has recently finalized volumes for compliance years 2020, 2021, and 2022 under the Clean Air Act (“CAA”)’s renewable fuel standard (“RFS”) program and took several other related...more