Bluestone Commodities & Technical Services

30/09/2012

The Trinidad and Tobago budget is expected to contain some austerity measures. Do you believe that these are necessary and what types of measures do you expect to be included?

17/08/2012

Article of the Day- Dealing with the Diesel Racket:

At the heart of the diesel fuel racket is an economic question: do the benefits of subsidies outweigh their costs? In this case, the cost is a criminal network involved in selling Trinidad and Tobago's diesel on the black market

15/08/2012

Article of the Day: Just for some perspective Trinidad gasoline price is $2.48 per gallon (premium unleaded), and diesel is $ 0.90 per gallon.(We are subsidized)

The next time you complain about the price of gas, remember: It's all relative. Filling up the same 39-gallon tank of a Chevrolet Suburban in Venezuela costs $3.51. In Norway it's $394.68.The average cost to fill up fell almost 8 percent worldwide in the last three months. Relief at the pump was not...

09/08/2012

Article of the Day: Brent will fall to $93 by September and $83 by year-end, according to the Centre for Global Energy Studies. How do these short term fluctuations change the philosophy toward long term contracts for Oil ?

Speculation that nations are stockpiling oil at the fastest rate in 14 years is fanning expectations for Brent crude to drop below $100 a barrel.

08/08/2012

Article of the Day: Physical Transfer of fuel.The $150 billion ship fuel (bunkering) industry still uses largely manual methods for determining the transfer of fuel from the bunkering barge to the receiving ship. These techniques are prone to error and potential fraud. Read attached:

The ability to identify non-ideal operating conditions for an instrument is particularly important when metering a high value product such as fuel. In-built intelligence and the monitoring of additional data channels can not only detect non-ideal conditions but potentially provide corrected measurem...

07/08/2012

Article of the Day: How does HSSE and assurance of plant and process actually affect the price of commodities!

A fire at Chevron Corp.’s Richmond oil refinery in California may push gasoline prices higher today as it disrupts fuel output at the state’s third-largest crude- processing plant.

06/08/2012

Article of the Day: Sustainability. Some thought needs to go into sustainability policies in the Caribbean

Deputy Prime Minister Nick Clegg will pledge 100 million pounds ($156 million) for two investment funds that seek to back renewable and energy efficient projects.

04/08/2012

The growing production of Natural Gas in the U.S. What does it mean for Trinidad and Tobago? : http://www.bloomberg.com/news/2012-08-03/natural-gas-matches-coal-as-top-u-s-power-fuel-bgov-barometer.html

Natural gas matched coal as the primary fuel for U.S. power generation this year for the first time since the government started collecting data.

03/08/2012

Some food for thought on entrepreneurship: http://99u.com/videos/6806/frans-johansson-the-secret-truth-about-executing-great-ideas

Actions DO speak louder than words (or tactics, or strategic planning). Frans Johansson illustrates why groundbreaking innovators generate and execute far more ideas than their counterparts.

03/08/2012

Commodities Article of the Day: http://www.reuters.com/article/2012/08/02/markets-oil-idUSL4E8J20LS20120802?feedType=RSS&feedName=rbssEnergyNews

* Investors eye ECB after Fed disappoints* N.Sea maintenance, loss of Iranian barrels support* Coming Up: ECB rate decision; 1145 GMTBy Luke PachymuthuSINGAPORE, Aug 2 (Reuters) - Brent crude steadied

02/08/2012

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02/08/2012

Commodities Article of the Day.
http://www.bbc.co.uk/news/business-10710488

Rather than being a blessing, most of Africa's commodities have proved a burden.