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

Lower Left

Weekly Energy Market Situation, April 24, 2017

Bears Take Control OPEC-non-OPEC deal may be unraveling Crude oil tanker movements reach a record Gasoline supply up; gasoline demand down Natural gas storage lags last year, well ahead of five-year average   Sincerely, Alan Levine, Chairman of Powerhouse     The Matrix Declining oil prices in recent days suggest that the effectiveness...

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Weekly Energy Market Situation, April 17, 2017

April 17, 2017 • App Homepage, Fleet Operations, Lower Left, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, April 17, 2017

Oil Prices Hold Support RBOB prices holding; gas cracks, not so much OPEC reports remarkable rate of compliance Declining foreign crude oil stocks include Iran’s long-term waterborne storage Natural gas end-of-heating-season storage third...

Weekly Energy Market Situation, April 10, 2017

April 10, 2017 • App Homepage, Fleet Operations, Lower Left, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, April 10, 2017

Expanded Crack Spreads Threaten the Gasoline Rally Fewer days of supply of U.S. petroleum products seen as bullish Less ability to meet demand contrasts with high total inventories Impact of product exports grows on evaluation of supply Natural gas ends...

Weekly Energy Market Situation, April 3, 2017

April 3, 2017 • App Homepage, Business Management, Fuel Price News, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Wholesale OperationsComments Off on Weekly Energy Market Situation, April 3, 2017

U.S. Crude Oil Production Frustrates OPEC Plans Bulls look toward $70 objective U.S. production continues to climb Permian Basin itself could reach 5.5 million barrels daily by 2020 Growth in Permian natural gas output is entirely associated with crude...

Weekly Energy Market Situation, March 27, 2017

March 27, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, March 27, 2017

Crude Oil Stocks Resume Growth, Little Price Response Crude oil stocks reach new record, little price response Planned SPR release will add to crude oil glut Constrained OPEC production agreement ends in June Natural gas supply surplus growing  ...

Weekly Energy Market Situation, March 20, 2017

March 20, 2017 • App Homepage, Fuels & Supply, Lower LeftComments Off on Weekly Energy Market Situation, March 20, 2017

Buy the Dip? Multiple bank analysts issue a buy recommendation for crude oil. Seasonally, crude oil prices are near a bottom. U.S. inventories of both distillate and gasoline are now below last year’s levels. Cold weather gives natural gas...

Weekly Energy Market Situation, March 13, 2017

March 13, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, March 13, 2017

WTI Breaks Support Crude oil below $50 for first time since December 8, 2016  Bearish features include high stocks, more production and lower refining demand New support at $45.20, ULSD at $1.4630 and RBOB at $1.5530 End-of-season natural gas storage to...

Weekly Energy Market Situation, March 6, 2017

March 6, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, March 6, 2017

Crude oil approaching spring seasonal rally phase  Supply glut in U.S. could limit price gains Gasoline crack spread pressured by low demand and regulatory uncertainty Natural gas stocks on track to end heating season over 2 Tcf   Sincerely, Alan...

Weekly Energy Market Situation (February 27, 2017)

February 27, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation (February 27, 2017)

U.S. Oil Stocks Show First 2017 Draw Total inventory fell 11 million barrels Market not sure OPEC cuts will be enough to cut glut EIA: Shale oil to reach 6 million barrels per day by 2026 Propane stocks draw again Natural gas storage could end heating season...

Weekly Energy Market Situation, February 13, 2017

February 13, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Retail Operations, Wholesale OperationsComments Off on Weekly Energy Market Situation, February 13, 2017

Oil Prices React to OPEC and U.S. Tax Concerns OPEC compliance upward of 75% Non-OPEC factors gaining importance Cost of production from shale falling Natural gas pricing range bound   Sincerely, Alan Levine, Chairman of Powerhouse     The...