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

Lower Left

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 prices a rally in a bear market.   Sincerely, Alan Levine, Chairman of Powerhouse  ...

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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...

Weekly Energy Market Situation, February 6, 2017

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

Hedging ULSD for Winter, 2017 – 2018 Up in the Air December 2017 ULSD trades near recent highs December ULSD typically bought in preceding February ULSD prices face contradictory signals: OPEC cuts crude oil, U.S. crude oil output growing​ Natural gas...

Weekly Energy Market Situation, January 30, 2017

January 30, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, January 30, 2017

Growing Uncertainty in the Energy Outlook Price direction confused by contradictory administration statements “Border Tax” could raise prices OPEC claims “substantial” compliance Natural gas export margins grow   Sincerely, Alan...

Weekly Energy Market Situation, January 23, 2017

January 24, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, January 23, 2017

U.S. Oil Balance Little Changed; More Bullish Overseas Total U.S. stocks fall modestly Propane stocks falling rapidly OECD stock situation tightening Natural gas sees large offtake   Sincerely, Alan Levine, Chairman of Powerhouse   The Matrix Total...

Weekly Energy Market Situation, January 17, 2017

January 18, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, January 17, 2017

U.S. Supply Bearish, Overseas Expectations Bullish U.S. adds 13.4 million barrels to total product stocks U.S. ULSD demand grows with higher HDDs Propane stocks fall 4.5 million barrels per day HDDs exceed last year in New England and Mid-Atlantic    ...

Weekly Energy Market Situation, January 9, 2017

January 9, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, January 9, 2017

Markets Focus Again on OPEC Deal Output cuts may bring supply back only to pre-agreement levels Skeptical view of member compliance Thirteen million barrels added to product supply Natural gas prices could be forming a top   Sincerely, Alan...