Archive for category: Market Research Commentary

Soft Skills Matter: Creativity

Creativity is an important part of forming a successful business. Imagination, curiosity, and experimentation help build a creative mindset, and practice makes that mindset strong!

Part Five: Risk Policies

Hedging 101 has defined basic terms and given examples of hedging using different tools. In this post, we take a quick detour to talk about the not so glamorous, but necessary, part of hedging – risk policies.

Peru – A Growing Energy Market – Part Two

Peru’s growing LPG market faces challenges related to production, increasing imports, and transitioning significant portions of its population to cleaner fuels. The country’s growing demand for LPG could impact the global propane markets in the next few years.

Soft Skills Matter: Problem Solving

Every business faces problems and challenges. The ability to understand an issue, analyze possible solutions, then take action to put a plan into motion are all part of problem solving. Join us as we explore this important soft skill.

Part Four: Another Example

Our Hedging 101 series has introduced and defined basic terms and given an example of hedging through a prebuy purchase. We continue with another example of hedging using two different tools for fixed price products.

Peru – A Growing Energy Market – Part One

Peru is a country that is rich in natural resources. The country’s declining oil production has been boosted by its increased NGL production. However, the country’s growing demand for LPG products for cooking, heating, and Autogas have created a growing energy market that could impact the global propane markets in the coming years.

Soft Skills Matter: Communication

At Westlark Advisors we believe soft skills can be just as important as hard skills. One of these soft skills is communication. Effective communication is vital to building strong relationships, and strong relationships make the fuel industry work!

Part Three: Beginning to Hedge

In our Hedging 101 series we defined basic terms, such as "hedge," and have identified risks a business needs to protect against. We now move into the process of beginning to hedge or protect against those risks.

Brazil – A Changing Energy Market – Part Two

Brazil faces challenges related to an increasing demand for LPG coupled with a decrease in production. These changes could impact the global propane markets.

Do soft skills matter?

We know the value of technical knowledge and expertise in the energy industry. Hard skills like these are essential for success. But did you know that personal attributes like communication and flexibility are just as important? Come join us as Westlark Advisors launches a series on the value of soft skills in the energy sector.

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Will

Westlark Advisors 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. Westlark Advisors 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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Jeff

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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About Westlark Advisors

Westlark Advisors has partnered with energy firms since 1998 to provide transparent, value-driven commodity market advisory services.

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