This Winter May Be the Best Time for a European Ski Vacation as the Euro and US Dollar Reach Parity For the first time in almost two decades, the euro and the US dollar are worth equal value. Just like in the U.S., the European Union is in fear of a looming recession. High inflation and energy supply uncertainty are driving the markets. Russia’s invasion of Ukraine exacerbates the problem. Some experts predict that the euro could fall even further. […] Industry News Brent Glogau | July 18, 2022 0 Comments
Price of Oil Nose-Dives Below Zero for First Time in History “Almost by definition, crude oil has never fallen more than 100%, which is what happened today,” said Dave Ernsberger, global head of pricing and market insight at S&P Global Platts. Of all the recent financial market crashes as a result of COVID-19 related shutdowns, none caught as many off guard as did the crash of the U.S. oil market today […] SnowBrains | April 22, 2020 0 Comments
The Hardships of Making Snow | Cost, Reliance, & Environmental Impacts According to POW (Protect Our Winters) about 88% of ski resorts in the United States rely on snowmaking each season. Resorts will make snow to accumulate a base to open earlier, stay open later, or compensate to build features like halfpipes for competitions. Some resorts, like those in the Mid-Atlantic region, rely on snowmaking to have a season at all. […] Helena Guglielmino | November 3, 2017 4 Comments
Industry News
