Weekly Fuel Market Update (WFMU) | March 25th, 2014
Sunday’s oil spill closed the shipping channel connecting Galveston Bay and the Gulf of Mexico and is having a ripple effect in not only Texas City where the spill happened, but across the coast and nationally. Business had essentially come to a halt in the Bay and the Coast Guard said no ships will be allowed to leave port until the spill is fully under control. The expectation is for both gas and diesel prices to rise or at least keep from significant drops in the coming weeks.
Diesel and gasoline supply is good in New Mexico and Desert Fuels pricing should be very competitive throughout the state this week.
This area will be hit the hardest by the Gulf Coast oil spill and prices are expected to increase as supply tightens and demand goes up.
Desert Fuels has secured additional supply in Arizona allowing us to be more consistent with our prices in the Phoenix and Tucson markets. Be sure to look at our daily pricing and call us at 888-750-FUEL(3835) if you need product.
Colorado – Front Range
No significant update to report this week in Colorado.
Call me, 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).
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