May 15, 2013 | Weekly Fuel Market Update
The most interesting quote we heard this week about global trends in the market came from the International Energy Agency (IEA) Executive Director, Maria van der Hoeven:
“North America has set off a supply shock that is sending ripples throughout the world.”
In fact, the IEA predicts that rising U.S. shale oil production will help meet most of the world’s oil demand in the next five years.
Crude oil production continues to increase in the U.S., and as the yearly refinery turnaround season comes to an end, the volume of refined products should continue to increase for the near future.
Prices moved slightly down, but held mostly flat throughout last week. Desert Fuels is one of the largest petroleum wholesalers in New Mexico. With phenomenal buying power, an innovative pricing methodology, and the best customer service around, we have everything it takes to ensure your business can purchase fuel at the most competitive prices available. Read more about our buying power.
West Texas / El Paso
Supply tightened in El Paso this week as demand increased. Desert Fuels will always have fuel in this region at very competitive prices. We can purchase from every major supplier and refiner in the region and surrounding states. Which means that no matter which supplier has the lowest price on any given day, we are able to buy it and pass the savings on to you!
Call us about special pricing on loads of both diesel and gas in Phoenix and Tucson this week. 1-888-750-FUEL (3835).
Colorado – Front Range
The Colorado Front Range continues to enjoy some of the lowest retail prices on gas and diesel in the nation, mostly due to relatively cheap North American crude oil and no major interruptions from local refineries. Desert Fuels is very competitive in Denver and Colorado Springs with plenty of diesel and gas, so we’ll always have fuel when you need it!