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

Powerhouse

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 Levine, Chairman of Powerhouse       The Matrix Commercial stocks of crude oil and...

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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,...

Weekly Energy Market Situation, May 8, 2017

May 8, 2017 • App Homepage, FP Daily, Fuel Price News, Fuels & Supply, Lower Left, PowerhouseComments Off on Weekly Energy Market Situation, May 8, 2017

Global Reach of U.S. Oil Grows  U.S. crude oil output expected to exceed 10 million barrels daily Easing regulations on offshore drilling could add even more to production Exports of crude oil and petroleum products growing dramatically Natural gas...

EIA Gasoline and Diesel Retail Prices Update (Week Ended May 1, 2017)

May 2, 2017 • App Homepage, Fuels & Supply, Lower Right, PowerhouseComments Off on EIA Gasoline and Diesel Retail Prices Update (Week Ended May 1, 2017)

Analysis by Dr. Nancy Yamaguchi   The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week ended May 1, 2017. Gasoline prices dropped significantly, while diesel prices also declined. For...

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  ...