March 19, 2013 | Weekly Fuel Market Update
Volatility in the market has long been the new norm, but it continues to escalate in 2013 with swings of $0.03 or higher about half the time. Wholesalers that embrace this volatility – investing in improving their market intelligence and partnering with fuel suppliers who are willing to grow with them – will always have the ability to control their costs and improve their bottom lines. Nationally, we’ve seen a $0.25+ gain in gasoline prices since December. Overall demand for gasoline is down as the push for renewable fuels grows.
Supply loosened up this week as local refineries come back online after scheduled maintenance shutdowns. Diesel prices eased with a slight decrease later in the week. Even in an extremely tight market in New Mexico, Desert Fuels has maintained good supply of product throughout the first part of 2013, with the ability to pull fuel from multiple markets.
West Texas / El Paso
We have seen some slight changes in supply this week as refineries come back online. Supply will increase in the next few weeks and prices could continue that slight decline. The area still remains tight on allocation as suppliers are taking care of contract customers. Desert Fuels has the ability to bring fuel from multiple markets and from many states, and continues to impress customers with available fuel and great prices.
Desert Fuels is proud to serve Tucson with plenty of diesel and gas at the most competitive prices around. We continue to grow in Tucson and Phoenix as we take care of many new customers in the area. Let us know what you are looking for and where on pricing you need to be. With some of the best fuel contracts in the region, we believe we can meet your needs at a price you can’t pass up.
Colorado – Front Range
No significant changes this week.