Competitive Pricing Programs

Fuel buying simplified

Realize the best price available

Guttman Energy offers a variety of pricing programs designed to minimize risk and help customers gain control of their fuel budget. With Guttman Energy on your side, powering your business will never again mean sacrificing your budget.

Customized PRICING
Programs

Fixed Pricing Program
The Fixed Price Program assures availability of supply at a set price for a set period of time. By knowing what your fuel price will be in advance, you can budget effectively, protect margins, and bid on new business with confidence. This program is a good fit for customers with a fixed budget objective.
Similar to the Fixed Price Program, our Fixed Price Program with a Floating “Trigger” Price assures supply availability for a set period of time. However, this locks in a fixed differential according to the NYMEX, not the actual price. The price paid is not determined until you ‘pull the trigger,’ at which time the differential is then added to the NYMEX price for the benchmark commodity. This program is designed to take advantage of any price dips that occur in the market up to two months before the product is delivered. This is a good hedge when the NYMEX is in backwardation or when it is believed that NYMEX prices are going to fall.
With our cap contract, our customers establish a desired “cap”, or maximum price, for a specific volume of product for a chosen time period. Customers pay an up-front premium in exchange for market protection and a fixed price. Prices are free to fall if market trends allow, saving money while still minimizing risk.
Like the Cap Program, a collar includes a maximum price for a specific volume of product for a set period, as well as a minimum, or ‘floor,’ price. The price you pay is always within this agreed upon price range. After the up-front premium is paid, the resulting fuel cost will stay within the agreed price range.
The Oil Price Information Service (OPIS) allows you to tie your price to the ‘going rate’ in your market as defined by OPIS, enabling our customers to buy as close to their local market prices as possible, regardless of region. By publishing fuel price information for all major U.S. markets on a daily basis, this program gives customers the freedom to establish their own OPIS reference price and pay a fixed differential based on this price.
Throughout our different areas served, we cannot guarantee that local rack economics will be favorable. The Platts Cash Market Index Pricing Program ensures you are getting the best value by indexing prices to the price in the cash markets in New York, Chicago, or the Gulf Coast. Customers pay the current cash price (as reported by Platts) plus or minus a fixed differential.
Much like the Platts Cash Market Index Pricing Program, this program establishes cash market benchmarks to supplement local market prices. Through this program, your price is indexed to the price in the cash markets in New York, Chicago, or the Gulf Coast. You pay the current cash price as reported by Argus plus or minus a fixed differential.
Under this program, our customers pay the price indexed to the benchmark commodity in the New York Mercantile Exchange (NYMEX) futures market. A fixed differential over or under the NYMEX price is paid at the time the contract is executed. This program provides our customers with a good hedge for when the NYMEX is in backwardation or when it is believed that NYMEX prices are going to fall.
Throughout the year, when low supply or unstable markets are anticipated, our In-Tank Forward Sales Program offers fuel security as well as maximum value. Through this plan, our customers store fuel inventory in their on-site tanks until a predetermined future date, up until which Guttman Energy will cover the cost of the fuel. Customer price is then structured using a fixed NYMEX differential for a future month, which can be triggered any time to lock in a price. Upon securing this price, our customers then gain ownership of the fuel in their tank in a way that avoids market instability and saves money.