Talk about tariffs still fills the news, with the possibility of new ones taking effect soon. This issue is important and is one we are watching closely. Tariffs could have a negative impact on the energy industry, specifically on refineries in the U.S. Midwest. This is why we want to look at the importance of Canadian crude oil to the United States.
While tariffs are still front and center in the news cycle, we want to discuss another action by the Trump administration that could seriously affect the global maritime industry. These impacts, in turn, could adversely affect the LPG market.
The Trump administration was set to begin enforcing tariffs of 25% on almost all Canadian and Mexican goods that cross the borders into the U.S. at midnight February 4, 2025. Is this a negotiation tactic? And what is the impact on the energy industry?
Twin Feathers is adding a new feature to our blog in 2025. We will be looking at current events that have the ability to impact the global energy markets. To kick off this feature, we are reviewing Ukraine’s recent decision to stop the flow of Russian gas to several European countries.
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Twin Feathers has taken the burden of the everyday supply logistics off our plate and allowed us to focus on our operations in the critical times of the year. They have educated our team along the way and helped us brainstorm options/risks that fit our business model. Twin Feathers has allowed the Tevis organization to explore opportunities within the supply and hedging arena that we would not have been exposed to without the relationship.
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They not only taught us how to plan and diversify our supply, but also new ways to protect the price. They have been great at negotiating supply deals and putting plans in place to know we will be secure when the market is not. I am confident that if things get tight we will be in a better position than our competitors.
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It has been one of the best decisions that our company has ever made. The Twin Feathers team have looked after our interests since day one, and have executed the plan each year very well.
Twin Feathers has partnered with energy firms since 1998 to provide transparent, value-driven commodity market advisory services.
