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It’s now more important than ever to weigh one supplier against another
If you’re in any kind of business that uses crude oil or diesel, and you’re not utilizing more than one supplier, this blog’s for you! It’s now more important than ever, and to your distinct advantage, to pay close attention to the cardlock table, and direct your drivers to the best priced supplier.
Why?
Lately we have seen some large spreads between suppliers. There doesn’t seem to be any fundamentals being followed in today’s pricing of crude oil, gasoline or diesel prices. Current crude pricing is following the result of the immediate market reaction to any economic bailout figures, whether actual or anticipated; and, unless this injection of tax payers’ money continues, or we see any hint of an increase in demand especially for distillates, then expect to see prices for crude begin to descend.
Economic conditions have made the market extremely competitive, which is not a bad thing for the end-user.
But because of this, we wish to stress now more than ever the benefits of weighing one supplier against another.
So what does this mean for bulk and cardlock users, including some, dare we say it, good news?
Check out the Weekly Energy Report for more information. If you’re not signed up, send an email to info@en-pro.com with your email and contact information and we’ll deliver it directly to your in-box.