Tag Archives: prices

OPEC’s production cuts and climbing oil prices

By: IBISWorld Procurement Research Analyst, Ashley Cruz With oil prices finally on the rise, businesses that rely on petroleum products should be looking ahead to hedge against price growth and volatility Although much of 2016 has been a year of suspense and surprises, there were several late-in-the-game decisions that have…

PSAC works to help improve industry image

In the wake of increasing prices at the pump, do people ask you how prices get set?  What about all this talk regarding fracing?  Do you know enough about the drilling technique to respond to the increasingly difficult questions about just how safe it really is?