OPEC+ is considering delaying its planned production increases amid concerns over market stability. The alliance is weighing a postponement of its 120,000 barrel-per-day supply hike set for April, marking the fourth such delay since 2022. Meanwhile, a Ukrainian drone attack on a Russian pumping station has disrupted Kazakhstan’s crude exports, further tightening supply. OPEC+ aims […]
Energy Market Update – February 20, 2025 Read More »
Energy UpdateWinter brings its challenges, and one of the biggest for drivers, farmers, and businesses alike is the toll that freezing temperatures can take on vehicles and equipment. Frozen fuel lines, poor engine performance, and unexpected downtime are problems no one should have to face. At NuWay-K&H Cooperative, we understand the frustration and cost of these
Conquer Winter with NuWay-K&H Cooperative Premium Winter Fuels Read More »
UncategorizedThe oil and gas industry has presented President-elect Donald Trump with a five-point policy agenda, urging him to expand LNG exports, increase drilling on federal lands, ease pipeline permitting, repeal strict vehicle emission standards, and maintain corporate tax rates. Trump plans to establish a National Energy Council, chaired by North Dakota Gov. Doug Burgum, to
Energy Market Update – December 11, 2024 Read More »
Energy UpdateAt NuWay-K&H Cooperative, our commitment to serving you is guided by seven foundational principles. Today, we focus on two of these: Democratic Member Control and Autonomy and Independence. Principle #2 – Democratic Member Control Your Voice Matters As a member of our cooperative, you have a direct say in how we operate. We believe in
Coop Principles #2 & #4 Read More »
UncategorizedThe Biden administration plans to acquire an additional 3 million barrels of sour crude oil for the Strategic Petroleum Reserve (SPR), as announced by the Department of Energy (DOE). Bids for the oil, which is to be delivered to Texas’s Bryan Mound site between April and May, are due by November 6, with a price
Energy Market Update – October 30, 2024 Read More »
Energy, Energy UpdateConsumer confidence took an unexpected hit for September, dropping the most it has in three years. The index fell by 6.9 points to 98.7, which is the biggest drop since August 2021. Expectations for the next six months sunk to 81.7, and the view of current conditions fell to 124.3. The drops are mainly due
Energy Market Update – September 25, 2024 Read More »
Energy UpdateThe Power of Cover Crops: Enhancing Our Soil Health and Farm Sustainability At NuWay-K&H Cooperative, we’re committed to helping you improve soil health, enhance water management, and reduce erosion through the use of cover crops. By planting cover crops in the off-season, we can work together to maintain living roots in your soil year-round, aligning
The Power of Cover Crops Read More »
Agronomy, UncategorizedThere have been several oilfields across Libya that have halted output. This is due to a dispute between rival government factions over control of the Central Bank and oil revenue. This has halted about 400,000 barrels per day of oil output. This would give a bullish tone to the market but, OPEC+ is scheduled to
Energy Market Update – August 28, 2024 Read More »
Energy UpdateOPEC+ is going to have a meeting on Thursday, August 1st to discuss their current production cuts. Oil prices were down 9% this month while OPEC+ is currently cutting output by 5.86 million barrels per day. This is just under the 6% of the global demand. In June of 2024 OPEC+ agreed to extend cuts
Energy Market Update – July 31, 2024 Read More »
Energy UpdateJake oldenburg, VP operations Jake.Oldenburg@NuWay-KandH.com The weather has been challenging for you, the patron. It has also been challenging for your cooperative as we try to accomplish our summer work between rainstorms. We’re chipping away as best we can to get our spraying and side-dressing done. On the propane side, our delivery team has been
Training to Serve You Well Read More »
Newsletter
