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Home » Authors » Stephen Letko
Stephen Letko

Stephen Letko

Stephen Letko launched his own firm, SPL Enterprises LLC, in 2000 after a distinguished career in executive positions with companies including Dodson Steel Products, Mills Iron Works and Crane Company. His expertise includes implementation of new markets, restructuring companies to improve their financial position, and developing marketing, quality and employee incentive programs. Contact him at 770-972-8282 or sletko@splenterprises.com.

Articles

ARTICLES

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PVF Market Overview

EPA Exceeds Authority Over Power Plants’ Fossil-Fuel Use

The U.S. Supreme Court ruled against the Biden administration, but legal challenges are sure to follow.
August 5, 2022
Stephen Letko
No Comments

The month of August is the midpoint in the third quarter of 2022, with oil pricing as of this writing (mid-July) at $103.88 for WTI and $105.77 for Brent — still in the $100 range but down from record highs. 


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PVF Market Overview

Trucking Costs Escalate as Energy Costs at Record Highs

The high price of shipping/trucking is only one factor driving the escalation of the cost of goods sold in our PVF industry.
July 4, 2022
Stephen Letko
No Comments

Experts predict that increased summer demand and constrained U.S. production will shoot oil prices up to $140 a barrel. 


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PVF Market Overview

NEPA Revision Will Slow Critical Energy Infrastructure

Costs and demand continue to rise as the Ukraine war goes on and allies look to the United States for a steady energy supply.
June 3, 2022
Stephen Letko
No Comments

Uncertainty in the energy market continues as the war in Ukraine rages on and supply chain issues resulting from the COVID-19 pandemic persist.


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PVF Market Overview

Russia-Ukraine War, Government Drilling Policies Keep Oil Prices High

Oil and gas development is critical to bolstering U.S. energy security.
May 1, 2022
Stephen Letko
No Comments

As the bombing of Ukraine by Russian forces continues, about 3 million barrels of oil a day are removed from global markets. 


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PVF Market Overview

Gas Prices Rise as Russian-Ukraine War Rages On

With the Ukraine war raging, President Joe Biden did not mention in his first State of the Union Address that the U.S. is purchasing Russian oil, nor that he intends to stop it.
April 1, 2022
Stephen Letko
No Comments

Public and political pressure may force the administration to take positive actions to incentivize domestic production and pipeline operations. 


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PVF Market Overview

Biden Administration Moves to Restrict Alaskan Petroleum Reserves

The Bureau of Land Management informed a federal court that it is reverting to the Obama administration’s 2013 ‘integrated activity plan.’
March 1, 2022
Stephen Letko
No Comments

As we begin the last month of the first quarter of 2022, WTI (as of this writing) is at $91.35/barrel, Brent is at $ 92.72/barrel, and the Biden administration continues its campaign to limit oil and gas exploration.


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PVF Market Outlook

PVF Market Sees Continued Uncertainty

Pricing volatility will significantly impact projects, as will transportation issues, skilled labor shortages and steel mill shutdowns.
February 7, 2022
Stephen Letko
No Comments

With the holiday season behind us and Congress back session, we are entering the second month of the first quarter of 2022 with continued uncertainty. 


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PVF Market Overview

2022: Price Increases, Slow Growth

Modest economic growth should continue as the year progresses; however, challenges with labor, materials and inflation will persist.
January 3, 2022
Stephen Letko
No Comments

Pipeline Updates, Oil and Gas Spending, and Supply Chain Woes. The outlook for construction is a slow but steady path to recovery. Modest economic growth should continue as the year progresses; however, challenges with labor, materials and inflation will persist.


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PVF Market Overview

Government’s Vaccine Mandate and Logistics Workers

Trucking groups filed a lawsuit Nov. 9 against the Biden administration over its vaccine mandate for large employers.
December 6, 2021
Stephen Letko
No Comments

A number of trucking groups led by the American Trucking Associations filed a lawsuit Nov. 9 against the Biden administration over its vaccine mandate for large employers.


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PVF Market Overview

Supply Chain Disruption, Construction Cost Increases Continue

For any project in the pipeline, the focus must be on securing supply.
November 1, 2021
Stephen Letko
No Comments

By the time this article is published and The Wholesaler magazine is delivered, we will be midway through the fourth quarter of 2021. The PVF industry continues to face many uncertainties, as mentioned in last month’s column. 


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