Tag: Robert Thummel

Robert Thummel from Tortoise in Barron's

Oil Market Bet: Iran Sanctions Won’t Boost Prices The oil market has had nearly six months to assess the possible effect of U.S. sanctions on Iranian oil exports. Surprisingly, the prospect of significantly tighter global supplies has resulted in lower prices. President Donald Trump announced on May 8 that he would end the participation of […]

Robert Thummel on Bloomberg TV

Oil Dips as Industry Data Shows Surprise U.S. Gasoline Build Crude dropped after an industry report was said to show a surprise jump in U.S. gasoline inventories. Futures erased Tuesday’s gains in New York after the American Petroleum Institute was said to report gasoline stockpiles in the world’s largest economy surged by 9.2 million barrels […]

Tortoise on Bloomberg

U.S. Energy Outlook Under Donald Trump – Libby Toudouze, partner at Cushing Asset Management, and Robert Thummel, managing director and portfolio manager at Tortoise Capital Advisors, discuss the future of shale oil and energy independence under President-Elect Donald Trump. They speak on “Bloomberg Daybreak: Americas.” (Source: Bloomberg)

Tortoise on Williams

Williams, ETE take on aggressive game plan after failed merger Exclusive By Nish Amarnath Williams Cos. Inc. and Energy Transfer Equity LP are redoubling the focus on their respective partnerships and growth projects as they try to heal from an acrimonious split. Both midstream majors plan to sacrifice their own earnings to build up their […]