September 29, 2021 – Elaine is quoted in an article by Kelsey Hallahan from Platts Market Center. Read the full artile here
… “Some of this underinvestment is by design, and some of it is that increasing production is not the same as flipping a light switch,” Elaine Levin, president of Washington -based brokerage Powerhouse TL, told Platts in an interview.
“There are lag times. Especially with the constraints in labor and equipment and transportation, it adds to the backlog. We still don’t have, historically speaking, the rigs working that you think $75[/b] crude and $6[/MMBtu] gas would command,” Levin said.” …