Northeast Blizzard Recovery & Market Watch
As much of the northeast is still digging out of the blizzard, Thank You for keeping those fills and access ways clean. With some local communities still enforcing travel bans, the hope is these will be lifted by the end of the week. Fuel markets still sit on the high end of the trough as Iran complexities loom above us. A fleet of US ships are now positioned in the area, is it enough to force Iranians to the table? And is yet another regime change in the works? The interesting piece is that with Presidential tariff enactments taken out of the arsenal it did not appear to have any downward pressure on futures. On the flip side, does it create more economic activity on a global basis? That February thaw in pricing we typically see may be delayed a week or so. Keep an eye on the unrest in Mexico as well that could influence US markets. Again, Thank You for keeping fills clear and remembering that as the snow thaws, ice becomes a factor and to be maintained.
