President Biden ordered the release of 50 million barrels of crude oil from the Strategic Petroleum Reserves (SPR) to ease gas prices. The release will be in the form of a 32-million-barrel exchange solicitation to be open for bids tomorrow and the accelerating of 18 million-barrel to be sold which were already Congressionally mandated under the authority of the Bipartisan Budget Act of 2018. If the goal was to lower energy prices – or at least politically to show effort in trying to reign in expensive energy - the announcement may have backfired. Crude oil futures closed up today, as did natural gas and ethanol futures. Ethanol remained unchanged. WTO crude oil futures rose yesterday as well, in anticipation not o...
ZanzibarMnemba Marine Parksouthern cassowary Mnemba Marine Park is located 10 kilometres (6 mi) from Stone Town and forms part of the northeastern Unguja Island. A marine reserve and atoll, its shallow stretch of coral reef is in the shape of an oval. It is located between Matemwe and Nungwi, w...
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The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.