Winter is approaching, and it’s essential to ensure your DEF storage tanks are prepared to withstand the cold. 🌨️ Here’s a crucial tip: Check your heater! Ensure it’s set to 30° F and functioning correctly. Don’t wait for the first freeze to discover your heater isn’t working and risk not getting a replacement in time.We’re […]
Author Archives: Matthew Hosey
06
Jun
Jun
The predictions for hurricane season 2024 are already coming out. So, now is the time to get you and your customers ready before the lines get long and they can’t find what they need. NOAA Forecast Highlights: Season Duration: June 1 to November 30 Activity Predictions: 85% chance of an above-normal season 10% chance of […]
14
May
May
Diesel takes another hit and may be driving down broader oil market… Quick Look: Continued Decrease in Diesel Prices: The benchmark diesel price has dropped for the fifth consecutive week, decreasing by a total of 21.3 cents over this period, bringing it down to $3.848 per gallon. Market Focus: Current market trends are concentrating on […]
05
Mar
Mar
The past year has offered a blend of subtle declines and notable changes in the oil and diesel markets, particularly relevant for fuel jobbers. Let’s delve into the evolution of these markets, highlighting the key factors at play and the implications for those at the heart of fuel distribution. Crude Oil: A Gentle Ebb Crude […]
28
Feb
Feb
Recent Diesel Price Movements: The Department of Energy/Energy Information Administration’s average weekly retail diesel price decreased by 5.1 cents per gallon in the latest update, following a significant increase of 21 cents two weeks prior and a stable price last week. This price serves as the basis for most fuel surcharges.
Market Trends and Stability: Oil prices have shown relative stability, with Brent crude trading within a tight range. However, ultra-low sulfur diesel (ULSD) prices on the CME commodity exchange have exhibited a downward trend, with some recent recovery. Regional diesel markets in the U.S. have seen varying degrees of strength, with some areas experiencing price improvements.
Potential Market Influences: Tensions in the Middle East and possible diversions of oil shipments away from the Red Sea/Suez Canal route could impact oil prices by tightening supply. Additionally, a limited supply of new tankers in 2024 could lead to increased demand for existing vessels, potentially affecting transportation costs and market dynamics.
28
Feb
Feb
🌟 Gear Up for the 2024 SE Petro-Food Marketing Expo 🌟 Mark your calendars for March 6–7, 2024! Join us at the SE Petro-Food Marketing Expo, the premier event that showcases the latest in retail and petroleum technology, marketing innovations, and educational seminars. It’s your gateway to networking with industry leaders from across the region […]
05
Feb
Feb
Embark on a Journey of Innovation at the WPMA Trade Show in Las Vegas! Tecalemit is excited to announce our participation in the upcoming WPMA Trade Show from February 19th to 22nd, where we will be showcasing at Booth #1419. This event promises to be an unmissable experience for industry professionals, featuring our latest technological […]
24
Jan
Jan
It’s official….we’re in the era of rapid industrial growth, and the handling and transfer of bulk materials remain pivotal in maintaining the pace of sectors like manufacturing, logistics, and supply chain management. Recognizing the critical need for efficient and reliable bulk material handling solutions, NexFlow emerges as a frontrunner, offering state-of-the-art transloading skids, chemical systems, […]
18
Jan
Jan
In the modern landscape where peak efficiency and unwavering reliability are not just desired but required, Tecalemit USA’s NEXFLOW emerges as a frontrunner in high-flow bulk transfer systems. NEXFLOW is more than a mere product; it represents a holistic solution meticulously engineered to cater to the intensive demands of diverse industries. This article sheds light […]