December 24, 2013 | Weekly Fuel Market Update
Gas production continues to increase supply in the U.S., helping to shape the economy as a whole.
The economic outlook has become bullish. What exactly does that mean?
Bull markets are characterized by optimism, investor confidence, and expectations that strong results will continue. The use of “bull” and “bear” to describe markets comes from the way these animals attack. A bull thrusts its horns up into the air while a bear swipes its paws down. These actions are metaphors for the movement of a market. If the trend is up, it’s a bull market. If the trend is down, it’s a bear market.
New Mexico supply has been a little tight, but seems to be loosening as local refiners release more product, improving supply throughout the state. Both gas and diesel prices have been climbing over the last week as we head into the holidays.
West Texas / El Paso
Though El Paso remains tight in both gasoline and diesel, and prices are on the rise as the holidays approach, Desert Fuels has ample supply available throughout West Texas.
There have been significant jumps in prices for both gas and diesel over the last week in Arizona. Desert Fuels has product available. Be sure and order fuel as early as possible so we can get product to your location as needed.
Colorado – Front Range
Now that winter weather is in full swing, #1 diesel and winter blend are available throughout the area. Prices have been climbing over the past week and are anticipated to continue that trend through the end of the year.
Call your Dedicated Customer Account Manager today for the latest updates on the market in all of these regions. As always, you can reach us 24/7/365 at (888) 750-FUEL (3835).
Until Next Year…
From the “Weekly Update” team and each of us at Desert Fuels and our families, to you and yours, we hope you have a blessed Christmas and holiday season, and may 2014 be peaceful and prosperous for all our families, our businesses, and our Nation. Happy New Year!