April 16, 2013 | Weekly Fuel Market Update
Last week we experienced a steady drop in both gas and diesel prices in every market. As we move closer to spring and summer peak demand times, we will see that trend even out. Overall inventory in the United States of both crude oil and refined fuel is good. No recent major refinery outages – and refineries ending scheduled maintenance turnarounds – have loosened up supply on refined products around the country. The Energy Information Administration (EIA) is predicting an average six-cent drop on regular gasoline this summer from last summer mainly due to increases in production, expectation of lower consumption, and lower expected imports. Regionally, the EIA expects Gulf Coast prices this summer to be 16 cents lower per gallon than the national average, even while California is predicted to soar as much as 26 cents per gallon during the same period.
Gas and diesel were down all week. Supply is good in Albuquerque and around New Mexico. Desert Fuels is meeting the demand and continuing to take on new gas and diesel customers with some of the most competitive prices in the market.
West Texas / El Paso
Desert Fuels has great supply of diesel in El Paso this week. We’re looking for customers who can take on more loads of diesel as well as contract for annual gallons at a very competitive price. Check out “Fuel Pricing and Contracts 101” and learn more about OPIS and why competitive diesel and gas contracts with Desert Fuels are the way to go.
Arizona followed the national trend with prices steadily dropping all week. Call us about diesel in Tucson this week – we’re sure our price will be impressive.
Good supply and some of the cheapest fuel in the country. Call us about day-deals on diesel at 1-888-750-FUEL.