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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 [email protected].

Articles

ARTICLES

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PVF Market Overview

Domestic Manufacturers Optimistic With New Trump Administration

For years, unfair trade practices have siphoned off billions of dollars’ worth of work from American forging companies.
December 2, 2024
Stephen Letko

We are approaching the end of calendar year 2024 and Donald J. Trump is our president-elect, giving the energy and PVF sectors a breath of fresh air for future development and lower-cost energy.


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PVF Market Overview

Higher Energy Costs or Energy Independence?

The voters have spoken.
November 1, 2024
Stephen Letko

By the time this article is published and read, the November elections have been decided, and the future direction for the energy sector is defined


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PVF Market Overview

November Presidential Election to Influence U.S. Energy Sector

A Republican victory means reduced useless, redundant and nonproductive regulations, and more oil and gas drilling for energy independence.
October 2, 2024
Stephen Letko

This month begins the final quarter of the calendar year 2024, with an election only a few weeks from when you read this column. 


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PVF Market Overview

Summer U.S Gas Demand Lower Than Expected

Refiners boosted their processing capacity in the second quarter, expecting a growth in gasoline and diesel demand that did not materialize.
September 2, 2024
Stephen Letko

September marks the end of 2024’s third quarter, with many uncertainties affecting the prospects for the PVF industry sector of the economy.


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PVF Market Overview

Oil Prices, Gas Demand Higher for Summer

The effects of Hurricane Beryl on Gulf of Mexico production, inland oil fields and refinery output on pricing have not been determined.
August 5, 2024
Stephen Letko

August marks the midpoint of 2024’s third quarter, with oil prices trading at $3 lower per barrel in June and July. As of this writing, WTI is $82.80/barrel, and Brent is $86.29/barrel.


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PVF Market Overview

EPA Targets Coal-Fired, New Gas-Fired Power Plants

Attorneys general from 27 states and The National Rural Electric Cooperative Association filed a lawsuit against the Biden administration.
July 1, 2024
Stephen Letko

The rise in artificial intelligence (AI) has reignited concerns about electricity and strains on the power grid. 


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PVF Market Overview

Bumpy Recovery for Manufacturing Sector

The sector was in contraction for most of 2023, but nine of 16 industries reported growth in April — the same as in March.
June 3, 2024
Stephen Letko

This issue finds us at the end of 2024’s second quarter, with the economy at an anemic 1.6 percent growth rate and an inflation rate of 3.48 percent.


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PVF Market Overview

Falling Crude Inventories, Emissions Regs Concern Investors

On the geopolitical front, the Israeli airstrike on an Iranian embassy, killing seven, risks further Middle East escalation.
May 6, 2024
Stephen Letko

By the time this article is published, the industry will be midway through the second quarter of 2024, with the oil markets being buffeted by worries about supply shortages and escalating geopolitical tensions.


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PVF Market Overview

Shipping Disruptions Increase Oil Prices

Iranian-aligned Houthi’s attacks on Red Sea shipping include sinking a UK-based oil cargo ship.
April 1, 2024
Stephen Letko

The second quarter of calendar year 2024 begins with crude oil prices edging higher on supply concerns as shipping disruptions continue to plague the supply chain.


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PVF Market Overview

Biden Administration Delays New NG Export Terminals

U.S. Energy Secretary Jennifer Granholm notes that the pause will have no immediate effect on U.S. gas exports to Europe or Asia.
March 4, 2024
Stephen Letko

In the middle of 2024’s first quarter, the Biden administration targeted Texas in retaliation to Gov. Greg Abbott’s stand on the border crises by asserting world environmental concerns. 


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