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The $50 Barrier

June 1, 2016|Fuel Market Update
Home » Blog » Fuel Market Update » The $50 Barrier
The $50 Barrier

Weekly Fuel Market Update (WFMU) | June 1st, 2016

Nationally

Crude oil can’t seem to punch through the $50 barrier even with a trend of four consecutive months of rising prices. Demand is high with the summer driving season and reports of reduced production could send prices in the 50s in June.

New Mexico

Supply looks good around the state. No terminal issues to speak of at the moment.

West Texas

Electrical issues in Lubbock caused slowdowns over the weekend. All terminals are back up now.

In El Paso we have seen no planned or unplanned outages over the past few weeks, although gas has tightened up some. Desert Fuels has plenty of 9lb gas that can be used outside of El Paso county. 7lb gas in the county is limited.

Arizona

No significant update this week.

Colorado

No significant market changes this week.

 

Questions? We’re here to answer any market questions you may have. As always, you can reach me 24/7/365 at (888) 750-FUEL (3835)

June 1, 2016 Dan Lewis

About the author

Dan Lewis

While better known for his versatility as an accomplished businessman, city councilor, community pastor, and recent candidate for the US Congress, Dan is passionate about the fuel industry - and Desert Fuels in particular—bolstering our team in the spring of 2012 to great acclamation. Inspired and inspiring, Dan enhances everything he works on, including our network of reliable fuel suppliers that he’s helping us grow nationwide. Honest, wise, and persistent, Dan is helping Desert Fuels revolutionize and simplify the way our industry does business.

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  • Home
  • About Us
    ▼
    • Our Footprint
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    • Awards & Accolades
  • Why Choose Us?
    ▼
    • Our Fuel Prices
    • What Makes Us Better
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  • Blog
    ▼
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