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HOME : IN THE NEWS
IN THE NEWS - 2008 ARCHIVES
ARTICLES, PRESS RELEASES & MEDIA
12.03.08 | ARTICLE
John Hoekstra, Summit's Manager of Energy Sustainability, contributed an article to the December 2008 issue of the IFMA Corporate Facilities Council Newsletter. The article, Carbon Footprinting - A Step Towards Sustainability, discusses how to "go green" and ensure your organization has a sustainability plan in place.
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10.15.08 | MEDIA
 Crude oil fell below $75/barrel
and Brad Samples, Commodity Analyst, says economic considerations are driving the price slide. OPEC
forecasts and inventory are also discussed.
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10.09.08 | MEDIA
 Lisa Zembrodt,
Commodity Analyst, reacts to the natural gas inventory build and how that compares to
market expectations.
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10.08.08 | MEDIA
Crude oil and gasoline inventories build well ahead of the estimates. Amanda Kurzendoerfer, Commodity
Analyst, calls in to explain these interesting market movements.
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10.06.08 | PRESS RELEASE
Summit Energy announced that Houston-based Kimball Resources, which Summit acquired earlier this year,
has been renamed Summit Energy, effective immediately.
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09.11.08 | MEDIA
Lisa Zembrodt, Commodity Analyst, reacts to natural gas inventory projections and how the market will behave as Hurricane Ike gets closer to the gulf and as winter approaches.
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09.10.08 | MEDIA
OPEC cuts oil production and Hurricane Ike is heading toward the Gulf Coast. Amanda Kurzendoerfer, Commodity Analyst, discusses the impacts of these events.
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08.27.08 | MEDIA
Amanda Kurzendoerfer, Commodity Analyst, discusses the movement of oil prices in the midst of hurricane season and the Labor Day weekend. Market dynamics are compared to Hurricane Katrina and Rita from 2005.
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08.21.08 | MEDIA
2009 German electricity climbed to a five-week high. Sebastien Terryn, Commodity Analyst in Belgium, comments on the market's short-term future.
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08.18.08 | MEDIA
Brad Samples, Commodity Analyst, reacts to crude's decline. He's bullish on the market 3-5 years from now.
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08.15.08 | MEDIA
Amanda Kurzendoerfer, Commodity Analyst, speculates the deterioriating economy is the cause of the recent decline in crude prices.
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08.05.08 | MEDIA
2009 German electricity fell to a seven-week low. Sebastien Terryn, Commodity Analyst in Belgium, comments on reasons for the decline.
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06.18.08 | PRESS RELEASE
Summit Energy announced that Belgium-based GfE Energy Management, which Summit acquired in 2006,
has been renamed Summit Energy, effective immediately.
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05.29.08 | PRESS RELEASE
Summit Energy hits $19 Billion in energy spend under management
with acquisition of industry leader Kimball Resources. The acquisition will increase Summit’s North American capabilities. The move is considered a great cultural, strategic and service fit by both companies.
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05.23.08 | PRESS RELEASE
Acquisition of Belgian-based Siemat Energy, enhances Summit's international presence.
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05.14.08 | MEDIA
Amanda Kurzendoerfer, Commodity Analyst, reacts to crude inventories, gasoline & distillate supplies and refinery utilization percentage changes.
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05.12.08 | ARTICLE
 This month's Sustainability Outlook features an article written by John Hoekstra, Summit's Energy Sustainability Manager. Mr. Hoekstra discusses three areas packaging operations personnel can focus on to help them stay competitive.
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05.07.08 | MEDIA
Reacting to the build in crude and gasoline inventories, Amanda Kurzendoerfer, Commodity Analyst, says the market is solidly bearish. She comments on why the US negative demand growth isn't the only contributing factor to the market dynamics.
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04.22.08 | ARTICLE
 John Hoekstra, Manager of Energy Sustainability, contributes to this article about what the green movement will mean for manufacturers. Learn about your carbon footprint, and how big a commitment it will take to find out.
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04.16.08 | ARTICLE
In Purchasing Magazine's special energy report, energy purchasing strategies are discussed. Purchasing professionals are trying to save dollars by hedging the energy market, becoming off-peak rate payers and locking-in advantageous prices. Many companies are looking to third-party energy mangement firms for help.
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04.15.08 | MEDIA
Amanda Kurzendoerfer, Commodity Analyst, reacts to the crude market and comments on where the commodity will be going from here. She thinks the fundamental foundation is weakening and we should see some softening in the next few months.
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04.14.08 | PRESS RELEASE
Summit awarded with one of Eaton's Top Supplier Awards for the third year in a row. Summit has
been providing energy management services
to Eaton for more than a decade.
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03.27.08 | MEDIA
After oil spikes following the bombing of a key pipeline in Iraq, Brad Samples explains the geopolitical risks and what is the real driving force behind the oil increase.
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03.19.08 | MEDIA
Market Place reports gasoline and distillate inventories fell while oil pares loss after smaller than expected gain in supplies. Brad Samples, Commodity Analyst, reacts to the breaking news explaining the causes and what we can expect in the future.
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03.11.08 | MEDIA
As crude oil breaks records, the market could crack soon. Amanda Kurzendoerfer, Commodity Analyst, comments on what might happen next and what could stop the price increase.
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