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Monthly Archive for: ‘February, 2016’
Too Much of a Good Thing

Weekly Fuel Market Update (WFMU) | February 24th, 2016 Nationally Refined fuel prices fell early this week, wiping out most of the gains from last week. The story continues to be the high inventories of crude around the world – or too much of a good thing. Just when it seems that production cuts and …

Peak Demand and The Glut Continues

Weekly Fuel Market Update (WFMU) | February 16th, 2016 Nationally Oil hits a winter peak demand in February.  That means demand slumps from now until it rebounds in the summer.  Add the fact that this is also the season for refinery maintenance, and oil inventories remain at all-time highs, and the forecast calls for more falling prices. …

Decade Low Retail Prices

Weekly Fuel Market Update (WFMU) | February 11th, 2016 Nationally According to the Energy Information Administration (EIA), the national average fuel retail price is the lowest it has been in a decade. Consumers are saving hundreds of millions of dollars at the pump in comparison to last year. New Mexico Albuquerque area terminals have fairly …