No Time for Rest! Keep the Lights On!

By: Brandon Roberts / January 26, 2018

We saw the first couple weeks in January bring extreme temperatures and precipitation, we shared the common hope that there would be a rest period to follow, at least that's what we thought. In the first 2-3 weeks of January we have seen negative temperatures throughout the northeast which included heavy snowfalls as well as ice storms.

The more noteworthy stories come from our friends in the Southeast who also shared our pain of frigid temperatures and dramatic snowfalls. A prime example would be the 9" of snow that ultimately shut down the city of Charlotte, NC.

How do these snow storms and below freezing temperatures affect our industry you ask? To start, it throws a wrench into truck times and coverage due to the weather. We all know that the trucks run our business, delivering the fuel to our customers. Also, the power and utility companies are ramping up operations creating a severe demand for fuel. This causes an even larger strain on truck coverage and can affect the availability of fuel.

So here we are this past week seeing typical winter temperatures and minimal snowfalls, but barely any downtime! Where's the rest period?! To start if you haven't heard there is another polar vortex right around the corner expected to hit the east coast between February 8-18th. Fortunately, most seem to be aware of this and preparing themselves for what's to come. However, this continues the trend of high demand causing truck and product tightness.

We thank all of our customers for the patience and communication we have been able to practice together during these dire times.


Categories: Industry Update, Daily Market Update

Brandon Roberts

Written by

Brandon Roberts

Commercial & Industrial Fuel Sales Rep, Commercial Sales

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