January 6, 2014 | Weekly Fuel Market Update
Most fuel producers and suppliers went through their annual ritual of reducing inventories as the year ended. As we start the New Year, suppliers are now racing to increase those inventories, ramping up to meet contract demands.
Published reports reflect reductions in inventory and production nationwide, but demand increased at the same time, causing mixed price fluctuations as we start the New Year.
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Overall supply is good throughout New Mexico for both diesel and gasoline. Desert Fuels continues to offer very competitive prices throughout the state with the ability to haul from every refinery in the region.
West Texas / El Paso
Prices continue on the rise since the beginning of the holiday season. Tight supply had an effect during the holidays, but will loosen up as production and inventories increase this month. Desert Fuels has great supply and very competitive prices in Amarillo, Lubbock, Midland-Odessa, and El Paso.
Prices continue to jump in Phoenix and Tucson. Desert Fuels has plenty of competitively priced product available. Ask us about day deals on diesel in Tucson.
Colorado – Front Range
We expect diesel prices to remain flat or slightly increase throughout the next week on the Front Range.
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).