Fuel Prices Hold Firm Amid Ukraine-Russia Conflict

Fuel prices are remaining alarmingly resilient in the last week as the focus has been completely on the Ukraine- Russian “conflict”.  Yes, that was the first step in the process, renaming it a conflict, versus a war or invasion.  Who can question progress.  I think many market players are keen to the fact that if it is only Russia and the U.S. at the table, then what, if anything, will come out of the talks?  Drone attacks have crippled a major energy pipeline within Russia and even more sanctions have been handed down by the European Union. And now a war of words between once allies is taking center stage.  The whole thing just seems odd.  Here at home, many still are trying to figure out what will happen if tariff talk makes a return, it is not completely off the table.  Additionally, refiners and processors are in limbo as lower Crude prices would curb any additional production, and demand only seems to be moderately increasing.  Fuel production and pricing is a delicate balancing act, one that relies heavily on supply and demand economics, but has a myriad of additional factors.  Everything from conflicts 2000 miles away to a terminal outage down the street, all affect the price you see every night.  The key is to align your business with true professionals that can explain and guide you through the ups and downs with your specific needs first.  Do not hesitate to reach out with any questions.