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Monthly Archive for: ‘January, 2015’
Sub – $2 Gasoline

Weekly Fuel Market Update (WFMU) | January 28th, 2015 Nationally Last week, 28 states sold unleaded for under $2.00 per gallon retail. We have also seen six consecutive months where the monthly average of crude oil has decreased. Could this be the bottom of the market? Some are saying that crude could go from here …

Snow and Cold Increase Fuel Demand

Weekly Fuel Market Update (WFMU) | January 14th, 2015 Nationally Winter weather has hit hard in several parts of the country and is playing a role in demand. Power outages, increased snow removal, and the need for diesel generators all contribute to additional fuel usage. Although demand is up, prices continue to dive to record …

Crude Drops Below $50

Weekly Fuel Market Update (WFMU) | January 7, 2015 Nationally Crude oil dipped below $50 dollars a barrel yesterday to the lowest prices since 2009. Reports of significant declines in production around the world could mean that we are close to the bottom. New Mexico We’re anticipating some tightness in diesel supply in the next …