Why all the heartburn? Are you struggling to get the fuel you need? Are your fuel deliveries late because you’re not under contract? Don’t let Low Fuel Inventory keep you up at night. Let’s describe why the fuel market is tight: U.S. refinery utilization has averaged 91.2% Refinery production is essentially maxed out domestically Distillate […]
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For much of this year, the refined fuel market has been extremely tight because of the Russian invasion in Ukraine. With prices topping out in June, we’ve been on a steady decline since then, but refineries continue to be at max capacity. Just this morning, the Department of Energy (DOE) released data that U.S. refineries […]
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As the cold weather moves behind us, it brings a new season and a new list of challenges, hurricane season 2021. Last year still holds the title of a record 30 named storms that stopped 90% of the 1.9 million barrels per day of refineries near coastal waters. 2021 does not forecast to be as […]
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