Recent Reports Changing Economists’ Minds
Gross domestic product for the United States rose 3% in Q4 of 2022, which is slightly better than was expected and a positive trend even as consumer spending weakened. Orders for long-lasting goods were better than expected, and inventories showed a considerable increase. While inflation numbers indicated that price increases are slowing, they still remain […]
A Note from The Captain’s Chair: 2023
After a historic two year run for the entire chemical and logistics industries, the temperature cooled in July of 2022. It was an unsustainable pace that had to end and we braced for a tough second half of the year. Fortunately, it was not as bad as we expected! The pace slowed and some inventories […]
Q3 Recap & Q4 Projections – Oil, Gas, Benzene, Propylene & More – Kathy Hall of Petrochem Wire – Episode 081
TheChemCo · Episode 081: Q3 Recap & Q4 Projections with Kathy Hall of Petrochem Wire“The View from Jamestown” Chemical Podcast Hosted by The Chemical Company Episode 081 | Q3 Recap & Q4 Projections with Kathy Hall of Petrochem Wire Join Host Ben Sawicki for a discussion with Kathy Hall of Petrochem Wire to summarize Q3, and discuss an outlook […]
Russian Sanctions Cause Market Uncertainty
Worldwide industries are facing unprecedented times as uncertainty rises around the longevity of Russian sanctions. Businesses are drawing up long, medium, and short-term plans for how they will operate under various scenarios. Of course, these scenarios are mostly speculation, with businesses knowing that they are likely to change. Sanctions on Russian oil, in particular, seem […]
Price of Oil Fluctuates with Geopolitical Trends
After oil prices skyrocketed to three-digits adding up to about $140 per barrel, U.S. oil dropped more than 8%, breaking below $100 per barrel. Senior energy trader at CIBC Private Wealth U.S., Rebecca Babin, noted the decline could be attributed to a mix of geopolitical and demand factors in the economy. While Russia continues with […]
