Wall Street’s love of renewable energy could mean oil producers will now…

Wall Street’s love of renewable energy could mean oil producers will now struggle to meet demand.  Spending on oil extraction fell last year to about $330 billion, less than half the total from its 2014 record.  Some traders are using options, which allow the holder to buy or sell an asset at a specific price in the future, to wager on prices hitting $100 by the end of next year. 
 
Average spot rates for refrigerated transport rose 5.8% from April to May, according to DAT Solutions.  This is not an anomaly – The Cass Freight Index for May is up 7.7% from April.
 
We often talk about increasing shipment size to cut transportation costs – what other ideas do you have? Share them with us.