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Supply, Marketing, Distribution, Transportation & Logistics News & Information
July 2017 Issue

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Weekly Energy Market Situation, July 17, 2017

The Focus Shifts to Accelerating Demand Petroleum prices rebound despite growth in U.S. and Saudi Arabian production Global demand responds to lower prices Seasonal trends are bullish for distillate and propane Winter propane prices appear to have formed an inverted head and shoulders pattern   Sincerely, Elaine Levin, President Powerhouse (202)...

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Weekly Energy Market Situation, July 10, 2017

July 10, 2017 • App Homepage, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, July 10, 2017

U.S. Seeks to Become Net Energy Exporter New policy seeks net exporter status for U.S. LNG Arab core of OPEC splintering Low volatility yields cheaper options Qatar will expand production of natural gas to 100 million MT   Sincerely, Alan...

Weekly Energy Market Situation, July 3, 2017

July 3, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, July 3, 2017

Oil Supply Still Stresses Bulls Three-month forecast of WTI moved below $50 Libya producing 1 million barrels daily Global crude oil stocks at five-year average level appears out of reach Natural gas injections fail expectations   Sincerely, Alan...

Weekly Energy Market Situation, June 26, 2017

June 26, 2017 • App Homepage, Fuel Price News, Fuels & Supply, Lower Left, PowerhouseComments Off on Weekly Energy Market Situation, June 26, 2017

Oil in a Bear Market Prices down 20% since February OPEC output cut harmed by internal challenges Asian crude oil demand under pressure Natural gas rig count 100 units more than last year   Sincerely, Alan Levine, Chairman of Powerhouse  ...

Weekly Energy Market Situation, June 19, 2017

June 19, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Wholesale OperationsComments Off on Weekly Energy Market Situation, June 19, 2017

U.S. Oil Stocks Rebounding U.S. supply adds half of recent inventory drop in three weeks Bearish price outlook continues U.S. production reacting to lower bread-even prices Natural gas storage 11% lower than last year   Sincerely, Alan...

Weekly Energy Market Situation, June 12, 2017

June 12, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, June 12, 2017

Bearish Oil Outlook Persists U.S. production forecast to reach 10.01 million barrels daily in 2018 Gulf of Mexico production reaches record Propane price breaks uptrend support Natural gas injections exceed 100 Bcf for first time since 2015   Sincerely,...

Weekly Energy Market Situation, June 5, 2017

June 5, 2017 • App Homepage, Fleet Operations, Fuel Price News, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Wholesale OperationsComments Off on Weekly Energy Market Situation, June 5, 2017

Large Banks Lower WTI Price Outlook Expect 2017 price to stall at $55 Market factors for 2018 bearish—higher crude oil supply inevitable End-2020 price forecast at $60 Slew of new natural gas supply could limit price recovery in 2018   Sincerely, Alan...

Weekly Energy Market Situation, May 30, 2017

May 31, 2017 • App Homepage, Fuel Price News, Lower Left, Powerhouse, Retail Operations, Wholesale OperationsComments Off on Weekly Energy Market Situation, May 30, 2017

OPEC Extends—Doesn’t Deepen—Crude Oil Output Cuts WTI prices fall; extension was expected Downside may be limited; bullish conditions developing Refinery use is up; exports are up too Natural gas price curves are turning bullish​   Sincerely,...

Weekly Energy Market Situation, May 22, 2017

May 22, 2017 • App Homepage, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, May 22, 2017

OPEC Production Cut Expiration Raises Concerns Saudi Arabia and Russia concede need to extend cut History shows extending cuts has little market impact History shows deeper cuts boost prices short-term Countervailing U.S. production growth now at 9.3 MMbpd...

Weekly Energy Market Situation, May 15, 2017

May 15, 2017 • App Homepage, Fleet Operations, Fuel Price News, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, May 15, 2017

Crude Oil Prices Strengthen Calls to renew OPEC cuts are growing U.S. shale oil output exceeds expectations OPEC recognizes importance of shale oil in assessing global supply balances  EIA projects rising natural gas production in 2017   Sincerely,...