by powerhouse21 | Jul 27, 2021 | In the Press
July 7, 2021 – NYMEX Henry Hub gas futures rally reaches its end, but strong fundamentals remain “David Thompson, executive vice president at brokerage firm PowerHouse, added to the technical perspective. ‘Measurements of overbought had gotten to extreme... read more
by powerhouse21 | Jul 23, 2021 | In the Press
July 23, 2021 – Henry Hub gas tops $4 as hot weather fuels concern over supply constraints, storage “David Thompson, Executive Vice President at brokerage PowerHouse, pointed to strong international gas prices as part of the higher LNG demand picture,... read more
by powerhouse21 | Jul 12, 2021 | Hedging Insights and Analysis
Ain’t No Stopping Us Now…We’re On The Move! 44 million Americans hit the road for the July 4th Holiday Weekend U.S. gasoline demand tops 10 million barrels per day for the first time Crude domestic production slowly moving higher, makes a post-pandemic high Extreme... read more
by powerhouse21 | Jul 6, 2021 | Hedging Insights and Analysis
Bullish Oil Prospects Face Uncertainties New oil targets around $100 per barrel Refinery inputs rise Higher prices could invite political response LNG exports are flat in 2020. Read... read more
by powerhouse21 | Jun 28, 2021 | Hedging Insights and Analysis
Oil Prices Looking Higher Crude oil breaks higher Inventories slimming down Refinery use moves over 90 percent of capacity Natural gas storage is lagging Read... read more