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.

Gas Under $2 Dollars

Weekly Fuel Market Update (WFMU) | December 16th, 2014 Nationally Wholesale diesel and gasoline prices dropped about .04 cents per gallon today, saving you about $350 per load if you buy tomorrow instead of today. Retail gasoline prices dipped under $2 dollars per gallon in parts of the U.S., with a barrel of oil selling …

Never Run Out Of Fuel

Weekly Fuel Market Update (WFMU) | December 9th, 2014 Nationally OPEC member nations continue to produce at or above target levels, keeping world-wide supply high, and crude oil prices low. Prices could stay at these levels for several more months before significant increases. High production of crude oil does not always mean an abundant supply …

Outages Spike Fuel Prices

Weekly Fuel Market Update (WFMU) | November 4th, 2014 Nationally Rising global supply and worldwide economic concerns are the primary factors keeping crude oil and refined fuel trading at record low prices, while planned and unplanned refinery outages around the country are causing regional prices to spike periodically. New Mexico Local refineries continue to produce without …

Price War

Weekly Fuel Market Update (WFMU) | October 14th, 2014 Nationally Prices continue down for both gas and diesel as we move through mid-October. In spite of pressure to decrease oil production, OPEC nations are willing to accept lower prices instead of cutting back. New Mexico New Mexico supply remains solid as refineries go into a …

Diesel Hits Two-Year Low

Weekly Fuel Market Update (WFMU) | September 16th, 2014 Nationally Wholesale diesel prices hit a two-year low last week with no sight of the bottom until the slight turn upward on Monday. High national inventories on crude oil could keep prices lower than normal this time of year, but heating oil (diesel) prices generally take …

Diesel Futures Drop

Weekly Fuel Market Update (WFMU) | August 12th, 2014 Nationally Crude Oil and Refined Fuel prices dropped today mainly because of the International Energy Agency (IEA) report that shows worldwide cuts in demand and increase in production. Conflicts in Iraq and along the Ukrainian border are keeping the market on edge. New Mexico New Mexico …

Supply Boom

Weekly Fuel Market Update (WFMU) | July 29th, 2014 Nationally Despite production troubles in the Southwest, refineries around the nation are running at record levels this Summer. A North American energy supply boom, Increasing exports, summer domestic demand, and refinery expansions have all created and allowed for the increase. New Mexico Supply is steady in …

Refineries Can’t Catch A Break

Weekly Fuel Market Update (WFMU) | July 22nd, 2014 Nationally Southwest refineries continue to have production troubles. Prices on the futures market (NYMEX) have been slowly going down. Since last Monday, we have seen gas decrease .05 cents and diesel decrease.03 cents. New Mexico Supply is slowly getting better in New Mexico bringing hope that …

Diesel Futures Price Drop

Weekly Fuel Market Update (WFMU) | July 15th, 2014 Nationally Heating Oil prices dropped over $.04 cents on the NYMEX today, down about $.024 cents since mid-June when escalating violence in Iraq reached it’s peak. New Mexico Diesel supply is very good in New Mexico as gas continues to remain tight. Refiners are still limiting …