After last month’s severe drop in oil prices, oil producers are scrambling to cut production and stem their losses. Is the natural gas market following suit? Direct Energy Business Strategist Tim Bigler connects the dots in this week’s Energy Market Update.

 

It was all over the news: oil briefly dropped to -$40/barrel this month. Presumably, this could lead to slashed production, which could, in turn, lead to production cutbacks in natural gas as well. Direct Energy Strategist Tim Bigler shares his take on what this could mean for prices in this week’s Energy Market Update.

 

Organizations may install solar panels on facilities or enter power buying agreements with green energy generators, but these efforts require careful planning, and can often take months or years to accomplish. In the meantime, there are other options businesses can consider that can be implemented quickly with relative ease. Not only are such measures clearly net positive, but they can get the ball rolling and comprise an important part of a complete, renewable energy strategy.

Now, more than ever, organizations of all sizes are considering how to be more sustainable and keep up with customer preferences. However, sustainability as a broad, nebulous idea poses challenges to businesses that want to hone in, develop sustainable strategies and implement them.