January 29, 2014 | Weekly Fuel Market Update
Both gas and diesel prices are trending fairly flat or slightly up for most of the country over the past week. Although, California has seen a fairly significant spike in the price of gas.
Weekly imports of crude oil into the United States have fallen in January as refiner demand eases ahead of the maintenance season. Yet domestic production continues to rise as some refiners have increased output to fill the gap hitting the Midwest and Eastern regions suffering no shortage of harsh weather and the issues it causes local refineries.
Supply has been steady with increased allocation throughout the state. There are several options available for product and the Desert Fuels team is working to help ensure you are getting the best rates possible. Because of increased availability of diesel and gasoline in the Albuquerque market, Desert Fuels can offer you special contract pricing to meet your projected volume.
West Texas / El Paso
Product availability in this area has improved significantly, including gas, which has been tight for the past several months. Desert Fuels can get you the fuel you need every day at highly competitive pricing.
Product is loosening up slightly, but remains tight in this area. That spike in the price of gas in the California spot market has in turn impacted Arizona’s gas prices. Call ahead to be sure we have supply available when you need it.
Colorado – Front Range
Product availability has improved in Colorado and abundant supply is available from Fountain, Colorado Springs, and Denver.
Call Scott, 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).