Weekly Fuel Market Update (WFMU) | September 29th, 2015
The market is still moving sideways even with speculation over the world economy, U.S. drilling, and how the Volkswagen scandal will affect diesel demand. The scandal is sure to have some impact on how people view diesel fueled cars. Diesel traded at a new low price this week, dipping under $1.50 per gallon on the NYMEX.
Local refineries continue uninterrupted production and low prices. Call us about competitive gas prices in the Albuquerque metro.
Gulf Coast spot prices are still some of the best in the country with uninterrupted production for the most part within the region.
Phoenix and Tucson prices have been affected by supply interruptions at California refineries. With supply getting tighter, order your loads with as much advance notice as possible.
Questions? I’m here to answer any market questions you may have. As always, you can reach me 24/7/365 at (888) 750-FUEL (3835)