Fuel Market Update

Weekly Fuel Market Update

An insanely simple fuel market update sent via email every week for the following areas: New Mexico, West Texas / El Paso, Arizona, & Colorado – Front Range.

Wild Ride For Fuel Prices

Weekly Fuel Market Update (WFMU) | July 12th, 2016 Nationally Worldwide economic events are sending energy prices swinging back and forth. News surrounding the European economy, world wide oil production, and rig counts have been the top culprits. Gas and diesel took a .04 cpg swing up today. New Mexico Diesel and gas are loosening …

Gas Shortage In Southwest U.S.

Weekly Fuel Market Update (WFMU) | June 29th, 2016 Nationally Pipeline problems and both planned and unplanned refinery outages have created a ripple effect gas shortage in the Southwest over the last week. Many suppliers are limited to contract only loads. This is a great time to talk to your wholesale fuel supplier about a …

Energy Markets Rally

Weekly Fuel Market Update (WFMU) | June 21st, 2016 Nationally Diesel and gas prices rallied on Friday and Monday following a week of losses. As of Monday, diesel was trading up over .10 cents from last week and gasoline was up .08 cents. New Mexico Gas supply remains tight in the Albuquerque area. With the …

Six Days Down

Weekly Fuel Market Update (WFMU) | June 15th, 2016 Nationally After punching through the $50 barrier early last week, crude oil and refined fuel prices have gone down for six straight days. In the last few days markets were effected by higher than expected inventories. New Mexico Product is still tight in Moriarty due to …

The $50 Barrier

Weekly Fuel Market Update (WFMU) | June 1st, 2016 Nationally Crude oil can’t seem to punch through the $50 barrier even with a trend of four consecutive months of rising prices. Demand is high with the summer driving season and reports of reduced production could send prices in the 50s in June. New Mexico Supply …

Prices Reach Yearly Highs

Weekly Fuel Market Update (WFMU) | May 26th, 2016 Nationally Prices for wholesale fuels are trading at their highest levels since September 2015. The EIA released production outputs that showed a major reduction in production this week. New Mexico Supply looks good. No terminal issues to speak of at the moment. West Texas El Paso …

Fuel Markets Rally

Weekly Fuel Market Update (WFMU) | May 18th, 2016 Nationally Wholesale fuel prices are trading at highs not seen since 2015. This trend is expected to continue into the Summer. New Mexico Supply has tightened up in Bloomfield for the next week or so due to the refinery shutdown in Artesia, NM.  Albuquerque supply has …

Another Glut in Oil?

Weekly Fuel Market Update (WFMU) | May 3rd, 2016 Nationally Worries over higher than expected crude oil inventories and concern of another glut in supply sent prices down each of the last three days. New Mexico Albuquerque, Moriarty and Bloomfield have been in good supply over the last week. There have been very few interruptions …

Fuel Prices Surge

Weekly Fuel Market Update (WFMU) | April 21st, 2016 Nationally Wholesale diesel and gasoline prices reached their highest mark for the year this week with steady increases since the beginning of April. Fingers are pointed in the direction of lower U.S. crude production along with increased demand. New Mexico Gas is loosening up as refiners …

Fuel Prices Sliding Again

Weekly Fuel Market Update (WFMU) | March 29th, 2016 Nationally Fuel prices took a turn this week with four straight days of falling prices. New Mexico Refiners are still in transition for summer gasoline production and the products associated with warmer weather. Prices have fallen over the last few days following trading on the NYMEX. …

Refiners Ramp Up For Summer

Weekly Fuel Market Update (WFMU) | March 16th, 2016 Nationally Reports of less then expected inventory and production levels sent prices higher today. We could see oil press through the $40 a barrel ceiling soon. New Mexico Refiners are ramping up for summer gasoline production and the products associated with warmer weather. The Southwest is …

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 …

Fear Grips Energy Traders

Weekly Fuel Market Update (WFMU) | January 25th, 2016 Nationally The market rallied last week with two consecutive days of gains, then fell on Monday back to below the $30/barrel mark. Chinese economic reports brought back fear to traders over the weekend. Supply around the Southwest is fairly good for this time of year when …

New Lows

Weekly Fuel Market Update (WFMU) | January 19th, 2016 Nationally Crude and wholesale diesel and gasoline all hit new lows in the last few days. Seasonal refinery maintenance could help stop the falling prices. New Mexico Local refineries are on and off with seasonal maintenance. Fuel is tight from Artesia. The dyed pump at the …

Refiners Plan Fuel Outages

Weekly Fuel Market Update (WFMU) | January 13th, 2016 Nationally A number of refineries are going into planned turnarounds this time of year where equipment is overhauled and production can be interrupted for weeks at a time. Watch for a general strain on supply between now and mid February. New Mexico Surrounding outages are putting …