Penn State Energy Marketing Association October 2016 Newsletter
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Transcript of Penn State Energy Marketing Association October 2016 Newsletter
[email protected] | PSEMA.org 1
The Penn State
Energy Marketing Association
Market Update
A newly founded
student organization The Mission of the Penn State
Energy Marketing Association is
to establish an intellectual forum
where like-minded individuals
shall discuss, share, engage in,
and debate content related to
energy marketing for the purpose
of acquiring industry fluidity and
augmenting personal
marketability.
Bridging the gap Energy marketing is unique in
that it brings together
engineers and students of
business-minded
backgrounds for a common
purpose. The Penn State
Energy Marketing Association
embraces this notion and is
excited to establish an
academically diverse forum.
Skill development The Penn State Energy
Marketing Association seeks
to acquire industry knowledge
and skills above and beyond
what is taught in a college
curriculum. PSEMA
accomplishes this by hosting
guest speakers, receiving
special presentations from its
corporate partners, and
mutually sharing information
in an academic forum setting.
This Issue Weather P.2
Crude Oil P.4
Economy P.7
Natural Gas P.9
November 1st 2016 Forecast Period:
Nov 1st – Nov 30st
Issue
06
Market Update
About The Penn State Energy Marketing Association’s Market Update is a monthly publication containing price forecasts for crude oil and natural gas markets. The update also includes analyses of weather patterns, as well as domestic and world economies that can influence commodity prices. It is co-authored by PSEMA members, and each segment is overseen by its respective Commodity Director: Director of Economy: Chris Konzel
Director of Weather Samuel Jackson
Director of Oil: Dan Maranhao
Director of Natural Gas: Mark Capo
President Danny Moore and Vice-President Michael Kaloz serve as the Executive Editors. Adam Larson serves as the Webmaster.
Contributors The following PSEMA members contributed to this edition of Market Update: Economy: Compiled by Christopher Konzel; co-authored by Nicholas Osmond, Ben Masters, Austin Pintar, Danny Moore. Weather: Compiled by Samuel Jackson, co-authored by James Obermyer Crude Oil: Compiled by Dan Maranhao; co-authored by, Evan Callaghan, Vrajesh Patel, Michael Kaloz Natural Gas: Compiled by Mark Capo; co-authored by Weston Bushyeager, Eva Markosky, Timur Ceylan, Ailia Hasyim, Michael Magyar
Recent PSEMA Events September 13th Natural gas trading simulation with BP. PSEMA competed against other Penn State Students in a virtual NYMEX trading simulation via BP’s unique training platform.
September 14th Private info session and professional development presentation with South Jersey Industries. PSEMA was fortunate enough to host SJI Talent Acquisition Specialist, Jen Geria, to share SJI’s opportunities with our members. Jen also spoke on general keys to success in our professional futures. September 26th Info session with IGS Energy. PSEMA alongside the Weather Risk Management Club welcomed Austin Mitchell, Quantitative Risk Analyst, Natalie Payne, Talent Acquisition Partner, Tim Hamilton, Director of Power and Supply, and Andy Dosch, Director of Finance from IGS Energy. They spoke about their experiences at IGS and hosted a private recruiting session with a select few members of each organization.
Upcoming PSEMA Events
November 4th . Oil Trader Presentation PSEMA will host Sean Werber from ATMI, an American subsidiary of the French Oil Super-major Total. Sean will be in town to discuss his experiences trading crude oil on the New York Mercantile Exchange. November/December Weather Presentation. Dr. George Young of the meteorology department will give a talk covering statistical weather prediction, and weather risk influencing commodity markets. December Alumni Reunion. PSEMA is inviting its founding members back to Penn State. Our former members are eager to return to PSEMA with advice to facilitate future successes with both PSEMA and our own personal career goals. Spring 2017 Drake Well Tour with Society of Petroleum Engineers. PSEMA will be visiting Pennsylvania’s oldest oil well and birthplace of the modern oil and gas industry in a joint event with Penn State SPE. End-of-Year Awards Banquet. Our corporate donors and partners will be recognized and awards will be given out to top members.
Meeting Schedule Thursday:11/10 270 Willard Thursday:11/17 270 Willard
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