4 Ways Companies Can Get the Best Value When They Buy Petroleum Wholesale

buy petroleum wholesale

buy petroleum wholesale

Gasoline is the most widely used transportation fuel in the United States. In 2019, about 142 billion gallons of motor gasoline (approximately 390 million gallons per day) and 197 million gallons of aviation gasoline were used. This means fleet operators, distributors, and suppliers need a constant supply of the commodity, which is only possible by buying fuels in bulk. However, in the wake of the recent Covid-19 pandemic, fuel companies have incurred losses as gasoline prices have spiraled downward to an all-time low. The trend is likely to change as the pandemic abates. However, the slow economic recovery calls for fuel companies to adopt measures to protect them from such unprecedented price fluctuations. Here are strategies fuel companies can use to hedge against losses when they buy petroleum wholesale.

1. Sign a Fixed Contract

When buying wholesale fuels, you have the option of buying through a contract or on the spot. The latter means purchasing fuel from a supplier as the need arises without scheduled delivery and purchase parameters. As such, the company is exposed to the whims of price fluctuations. Conversely, you can’t wait until your oil tank runs dry to purchase fuel. You might end up making emergency purchases, which are often costly.

Signing a contract saves you all such inconveniences because you can lock in a fixed price and protect yourself from future price fluctuations. Another advantage of signing a contract is that it eliminates the uncertainties of the fuel market. You’re confident about having a supply of bulk fuels anytime.

2. Use the Spot Prices as a Basis for a Rack Transaction

If you buy petroleum wholesale from wholesale racks, keep an eye on the market’s spot price; it might save you tons of cash. This strategy is also known as an index deal, and it benefits fleet operators, retailers, or distributors whose purchase volumes have increased over the years and plan to expand. If the company has been buying from a large jobber distributor regularly, it can negotiate to purchase fuel on a spot basis instead of the posted rack price.

Unlike rack prices, spot prices are negotiated and fluctuate based on the volumes involved. If the refiner needs to replace lost production or overproduces wholesale fuel and wants to sell, they’ll do it at the spot price. The success of this strategy depends on a few factors:

  • Your insight into fuel market prices. Let your supplier know that you understand how index deals operate
  • Keep an eye on the daily fuel prices to identify the right time to enter an index deal, especially if there’s a significant plunge in oil prices
  • Analyze the relationship between the spot market and the local rack market. The differences change rapidly, so you want to keep updating that history every six months

3. Purchase a Call Option

This strategy is particularly useful for airlines as they are also affected by oil price fluctuations. They also buy petroleum wholesale and can reduce losses by purchasing the commodity at a specific price within a stipulated date range. The option gives the company the right to purchase oil at a specific price (agreed on today) in the future.

For example, if the current price of gasoline per barrel is $90 but the company speculates it might increase, it can purchase a call option for $6, giving it the right to purchase the oil for $100 within 120 days. If the price per barrel increases to $110 within that period, the company won’t incur losses.

4. Inquire About the Supplier’s Price Benchmark

Industry benchmarks like the Oil Price Information Service are the basis for most oil contracts. Basing contracts on such benchmarks also enhances price transparency and sensitivity to market trends. This way, you can determine if you are buying wholesale petroleum at fair market prices. Other industry benchmarks include NYMEX, PLATT, and EPEX SPOT.

You want to buy petroleum wholesale to get more bang for the buck. These four strategies should help negotiate better prices and enjoy the benefits of buying fuel in bulk. Be sure to keep tabs on the global and domestic fuel markets to identify the best time to strike such a deal.

Why U.S. Consumers Favor Gas-Powered Cars

The consensus is in. “Of the random 1,702 car-owning adults the Consumer Reports National Research Center contacted by telephone across the U.S., a massive 87% said they had some form of concern with plug-in cars,” Green Car Reports reveals. Consumer Reports’ survey reveals that the average consumer overwhelmingly prefers gas-powered cars, and there are several reasons why they wish to stick with them.

In the same survey, drivers expressed concerns about the safety of electric vehicles. Thirty-nine percent worry about their safety in general, while 35% said they feared electric vehicles catching fire after a crash. Nationwide, Americans prefer gas-powered vehicles and do not expect hybrid cars and electric vehicles to entirely take over the market. In fact, according to the American Automobile Association (AAA), just 40% believe there will be mostly electric cars on the roads in 2029.

Learn more about why the vast majority of Americans prefer wholesale petroleum or gas-powered vehicles and why it is likely to stay that way for the foreseeable future.

Hybrid Cars and Electric Vehicles Trend Smaller

In the U.S., the vast majority of consumers prefer larger vehicles. SUVS, vans, crossovers, and pickup trucks are among the most popular models. Americans choose larger vehicles for their storage capacity, their utility, and even to feel safer on the roads. “If you’re someone who likes to have some feeling of security, power, control, etc., then a large vehicle can provide that,” Newsweek explains. The same consumers who prefer larger vehicles are likely to stick with gas-powered vehicles now and in the future. Why?

For now, the overwhelming majority of hybrid vehicles and electric-powered vehicles are sedans. They are compact, four-door models without the space and heft of a much larger vehicle. If consumers want an SUV, they must purchase a gas-powered vehicle and fuel it with wholesale petroleum or fuel from the local gas station. There are a few exceptions, like Audi’s e-tron and Kia’s part-crossover, part-hatchback, the Kia Niro EV. Even so, the selection of mid-sized and larger, hybrid and electric vehicles remains severely limited.

Automakers Produce More Gas-Powered Vehicles

When drivers arrive on the lot of the dealership, one of the many things they are looking for is options. Consumers may have a few top makes and models in mind. Visiting the dealership and test driving vehicles can help narrow down their selection. For many people, this is a necessary step in the car-buying process. It is not one they are willing to skip.

However, a surprising number of dealerships do not even have one electric vehicle on the lot. That means, in order to test drive one, drivers will have to wait for their salesperson to put in a special request. What’s more, if the driver does not like that particular electric vehicle, there may not be any others to compare it to — at least not without putting in yet another special request to test drive that particular model.

Gas-Powered Vehicles Are Most Convenient

Will gas-powered vehicles, wholesale petroleum distributors, and stopping at the gas station soon be a thing of the past? Consumer attitudes, customer surveys, and auto manufacturers all make it clear that the answer is no.

Right now, wholesale fuel distributors sell wholesale petroleum and diesel to gas stations, who then sell it to consumers. The practice is tried and true. Consumers know what to expect when they purchase a tank of gas, and they know their options when they need to refuel.

Plus, people know what to expect from long trips and roughly how often they will have to stop for gas along the way. When it comes to hybrids and electric vehicles, however, most consumers do not readily have these answers on hand. There is still a lot of confusion about how and where to charge these vehicles, particularly among drivers who take long trips and/or those who cannot afford or accommodate at-home charging stations.

Right now and for the foreseeable future, gas-powered cars, wholesale petroleum providers, and gas stations in the U.S. are going strong. Modern drivers prefer the convenience and availability of traditional vehicles, and that trend is likely to continue.

5 Things to Consider When Buying Fuel in Bulk From a Wholesale Diesel Fuel Supplier

Fuel is the largest expense for companies, countries, and individuals. Studies show that the total gasoline consumption comprised 58% of the total transportation sector consumption, 17% of the total U.S. energy consumption, and 45% of total petroleum consumption in 2019. Since fuel prices are extremely volatile, companies continue to look for ways to keep the costs low. Buying fuel in bulk from a wholesale diesel fuel supplier seems the most effective fuel management practice, especially for companies with fleets of cars. Bulk purchases save time and money, as employees no longer need to wait in queues or handle fuel cards. However, not all companies can benefit from buying wholesale fuels in the same ways. Let’s look at what a company should consider when switching from retail to bulk fuel delivery.

Assess Your Fuel Needs

Your fuel requirements depend on several factors. These include the number of equipment and vehicles, the size of the fuel tanks, and if the company uses the fuel as it’s delivered. Wholesale diesel fuel, for example, contains a percentage of biofuel, which can develop problems if stored for long. Some fuels develop microbes that contaminate the fuel, damaging the fuel system components. Assessing your fuel requirements should help you decide if you should buy wholesale fuel.

Consider the Storage Life of the Fuel

Fleet managers should also assess the storage life of the fuel because they are formulated to tolerate specific seasonal conditions. If the conditions change, the fuel deteriorates and gets old. Using such fuel increases the equipment’s servicing costs and reduces engine efficiency.

Setting a reasonable limit when buying fuel from a wholesale diesel fuel supplier is critical to keeping your equipment operational for a long time. For some companies, it means buying the amount of fuel that they can sell while it remains fresh.

According to research, diesel fuel stays fresh for 12 months or longer at a temperature of 20 degrees celsius and six to 12 months at temperatures higher than 30 degrees celsius. Once diesel ages, gum and fine sediment form in the fuel due to diesel reaction with oxygen.

Selling such aged oil blocks fuel filters leading to engine problems and fuel starvation. Maintenance costs also increase due to frequent filter changes.

Establish a Purchase Network

It’s challenging to control fuel costs when drivers purchase fuel from anybody. Establishing a purchase network ensures you buy bulk fuels at the lowest price and negotiate more discounts. The network should have primary stops located 200 to 800 miles.

The industry standard is 400 miles of separation, but some carriers prefer 200 miles to ensure ample nationwide coverage. The success for the purchase network largely relies on your drivers. Inform them about the different locations of the wholesale gasoline provider and that they are expected to make stops at them.

Ability to Maintain Fuel Quality

Fuel quality determines engine efficiency and engine life; the problem is more evident when buying wholesale fuels. Water and dust are the main elements that affect fuel quality, hence the need to set up technologies that keep them at bay.

As the temperature drops, the crystals get bigger, and if diesel is sold in this state, it blocks the oil filters. Fleet managers should assess their ability to integrate technologies that enhance continuous tank filtration, on-vehicle filtration, and filtration at the delivery point to eliminate such effects.

Sign a Bulk Fuel Contract and Review it Periodically

When buying fuel in bulk, it’s important to sign a contract with the wholesale diesel fuel supplier. It protects you from price fluctuations and guarantees a constant supply of fuel. The supplier should also make a provision to review the contract because the fuel market is incredibly volatile.

For example, high prices may cause manufacturers to overproduce oil, which can lead to a fluctuation in prices. If a company had signed a contract to buy fuel in bulk when the prices were high, it should review the contract to take advantage of the low prices.

Buying fuel in bulk from a wholesale diesel fuel supplier is not just about saving on costs. Companies should perform a thorough analysis to determine their fuel needs and ability to store and maintain fuel quality.

3 Ways Wholesale Fuel Distributors Can Benefit Your Business

About 92% of all gasoline consumption in the United States is from cars, small trucks, and sport utility vehicles. Due to this, owning a convenience store or gas station can be a very lucrative career, but it may be more difficult than people may initially assume. Between making orders through various suppliers, maintaining day-to-day operations, and working to budgeting for financial success, a lot of time and effort is required for success.

Streamline your business by choosing to work with qualified wholesale fuel distributors. With no middle-man as well as lower prices, wholesale gasoline suppliers can help your business become even more successful.

1. Wholesale Fuel Is More Cost-Effective Than Retail Fuel

The primary difference between buying wholesale fuel and retail fuel is the cost. When you purchase retail, you pay the full marked-up retail price in addition to any applicable taxes. Like many things, buying in bulk saves you money. Using wholesale fuel distributors to supply fuel to your business means you’ll only pay a portion of the retail price-per-gallon.

2. Buying Fuel in Bulk Streamlines Your Business

Buying from wholesale fuel suppliers can significantly increase the efficiency of your business and help you streamline operations. When you buy bulk fuel, a supplier will come to your location about once or month to fill your storage tank.

With an ample supply of fuel at any given time, you can virtually eliminate downtime caused by frequent refueling. Your fuel is available on-demand, so all you have to do is connect your machine or vehicle to your storage tank, which can end up saving you a lot of time. Additionally, with an ample supply of fuel at any given time, you can virtually eliminate downtime caused by frequent refueling.

3. Wholesale Fuel Distributors Bill Accurately and Timely

One of the frustrations of maintaining a gas station can be the fluctuating rates and taxes. By working with wholesale fuel distributors, you know what you will pay every month and when to expect your bill.

It’s important to note that, before signing a contract with a wholesale fuel supplier, you need to carefully read the terms and conditions. You want to look for any hidden fees or costs in the fine print to avoid paying more than you should for your wholesale fuel.

The initial price tag for wholesale can be quite large, but when you consider all of the benefits you receive, using wholesale fuel distributors is well worth the investment. Save money on your fuel, ease your business operations, and know what you will have to pay every month by choosing a reliable bulk fuel supplier.

4 Advantages of Buying Wholesale Petroleum

petroleum wholesale

If you run a transportation company, a manufacturing business that utilizes a lot of petroleum, or you operate a chain of fuel stations, you’ll need fuels in bulk. You will be better off buying petroleum wholesale. Here’s why.

1. Wholesale Fuel Distributors Deliver Your Fuel in Good Time

When your business operations largely depend on petroleum, the last thing you want is to have late or delayed fuel deliveries. Wholesale petroleum suppliers have an established delivery network for supplying bulk fuels. As such, when you buy petroleum wholesale, you’ll have the confidence that your wholesale fuel distributor will deliver your order without unwarranted delays.

Timely delivery is important to your business because it ensures that you don’t have downtimes that can cause massive losses. Additionally, bulk fuel suppliers can deliver urgent orders within a short time. When you need more fuel than your usual capacity, you can trust that your wholesale fuel distributor will deliver. Therefore, you don’t have to waste time collecting your own fuel or being inconvenienced by late fuel deliveries.

2. You’ll Save Money Buying Wholesale Petroleum

When you buy fuel in bulk, you’ll enjoy more affordable prices because the individual cost per unit is lower. Buying petroleum wholesale will save you more money in the long term. You can then pass the cost benefits to your customers and edge over your competitors in the industry. Not only do you enjoy lower prices when you buy your fuel in bulk but also you save on fuel delivery costs. By consolidating your fuel into one bulk order, your wholesale petroleum distributor may make one delivery trip. As a result, you will have fewer delivery costs. Over time, the small savings will add up and give you huge cost savings.

3. Buying Wholesale Petroleum Ensures That You’re Well Stocked

If you run a gas station, you don’t want to run out of gas because you’ll lose your customers. Due to market dynamics, sometimes the demand for fuel exceeds the supply, especially in the United States, where drivers account for about 44% of the world’s gasoline consumption. When you buy petroleum wholesale, you’ll have enough fuel to keep you running. This will enable you to keep your fuel prices constant even when there is a spike in demand. Consequently, you’ll earn more loyal customers, and that will help you build a thriving business.

If you’re in manufacturing, it helps to have extra fuel supplies in case of emergencies. As fuel prices fluctuate from time to time, you may sometimes delay your order as you wait for lower prices. During this time, you can use the extra fuel and replenish the supply once fuel prices come down. Buying wholesale petroleum allows you to have a fuel reserve that you can count on to keep your operations running efficiently all year round.

4. You’ll Save A Lot of Time When You Buy Wholesale Petroleum

If you have your fuel distributor deliver your fuel in small amounts, you’ll waste a lot of productive time every time you receive an order. You’ll also run the risk of running short of supplies as sometimes you may use more petroleum than your normal usage rate. When you order in small quantities, you may have to stall your operations frequently to receive your fuel order. Since petroleum is flammable, you must handle it delicately. This means preparing in advance and putting your workstation in order when your fuel is being delivered. Doing this frequently will eat into your productive time more than you would wish. You would rather receive bulk fuel in one trip and save time. Additionally, you would have to make many transactions to pay for each of your fuel orders, and this will take more time.

Ultimately, ordering fuels in bulk will make your operations more efficient. Buying petroleum wholesale ensures that your business has enough fuel to run on, besides saving you time and money. You can trust the reputable wholesale fuel distributors to supply you with wholesale petroleum.

3 Things a Good Jobber Does

fuels in bulk

Jobbers are an integral part of the wholesale fuel industry. The basic role of a jobber is to act as a middleman between refinery companies and retailers of fuels in bulk. This is a massive role and industry, with Americans consuming 390 million gallons of gas a day by driving alone, and jobbers play a key role in getting all of that wholesale gas to consumers.

With how important the role is, it’s worth asking what makes a good jobber? Here are three things a good jobber does:

They Build Strong Relationships

By nature, a jobber must deal with many different people and companies. After all, they’re coordinating between refineries and varied wholesale fuel retailers. This means that they need to know what a client’s needs are, how to fill those needs, and how to make sure that they’re trusted by those clients. Without a good relationship between jobber and client, they’d never be able to do any of this.

Furthermore, if a jobber truly understands a particular relationship, they can provide services beyond simply delivering fuels in bulk. Additional services, like installing additional fuel pumps, can boost their business and the business of their retail customer.

They Understand Retail Operations

At the end of the day, the only way a jobber needs to understand the industry from the retail perspective so they can effectively provide your retail gas location with the proper services. Without that knowledge, the service they would offer simply wouldn’t be helpful and there’d be no point in a gas station maintaining that relationship.

This goes beyond just providing refined fuels in bulk. It means knowing when the gas station will be busier than normal. For instance, by recognizing that a hurricane is coming a jobber can predict that gas stations in the path of the storm will be busier than normal. Thus, they can more effectively and efficiently fill those needs.

They Stay Updated on the Industry

On the surface, this may seem obvious. Of course one of the things that makes someone successful, regardless of industry, would be to stay on top of industry trends and needs. However, for gas station suppliers this is only magnified. Take gas prices as an example. Consumers see, and often complain, about the rapid fluctuation in the price of gas. For jobbers, they need to be aware of these changes before they happen and get the best wholesale price possible for their customers. By doing this, they allow their customers to generate more business and build trust with the jobber.

Being a jobber isn’t an easy profession. It takes a lot of time and energy. It requires the ability to stay up to date on the industry’s economics, while also excelling within your personal skills. That’s why it is so difficult not only to succeed as a jobber but for retail gas stations to find a good one, despite how vital they are to success in the industry.

The Benefits and Advantages of Working With a Wholesale Gasoline Supplier

When you are in the market for gasoline, petroleum, or fuel of any kind, then you probably know just how tough it can be to find a supplier that meets each and every one of your needs. Sure, you may think it is easy to simply do a quick internet search and find a supplier that you can work with. But taking this kind of approach is often only a surefire way to find yourself with more problems than you can even fathom. That’s why so many people make the choice to work with wholesale gasoline suppliers. But exactly how can working with a wholesale gasoline supplier help you out? We are aiming to delve into this subject a bit further in this brief guide that looks at some of the many benefits and advantages that come along with working with wholesale gasoline suppliers.

Wholesale Gasoline Suppliers Can Save You Money

The market for energy sources of all kinds, including gas and fuel, is quite an enormous one. As a matter of fact, numbers show that in the year 2019 alone, total gasoline consumption accounted for about 58% of total transportation sector energy consumption, 45% of total petroleum consumption, and 17% of total U.S. energy consumption. As you can see, these kinds of figures make some huge changes to the overall market as a whole. This is why it is important to make sure that you are saving as much money as possible when you are buying gasoline, fuel, or petroleum of any kind. When you make sure to work with wholesale gasoline suppliers, you can be confident that you are saving yourself some money along the way.

Wholesale Gasoline Suppliers Help You Stay Productive

Productivity is key in your business. By cutting down on the number of worries that you may have when dealing with a low-quality supplier, you can be sure that you will get back to focusing on the things that matter the most both in your day to day operations and in your business goals as a whole. The right supplier will reduce friction and keep things simple, allowing you to be as productive as you can be in other areas of your business.

Wholesale Gasoline Suppliers Value Their Customer Service Interactions

Finally, it is never a wise idea to underestimate the value of your customer service interactions with anyone that you just so happen to be in business with. Far too many people who are in need of fuel or petroleum simply tolerate poor customer service interactions for a wide variety of reasons. But by doing this you not only lose out on a great relationship with your business partner, but you may also end up suffering from other unseen costs and hidden expenses. On the other hand, when you are wise enough to make sure that you are working with wholesale gasoline suppliers, then you never even have to worry about this kind of thing in the first place.

Here at D&D Energy Group, our team is able to make sure that you do not have to worry about ever having to settle for anything less than the best. As one of the premier wholesale gasoline suppliers, we take our role very seriously and aim to please our customers whether or not they just so happen to be in the market for wholesale petroleum, wholesale fuel, or any other types of fuels in bulk. Our team is here to answer any of your questions, no matter how large or small they may happen to be. Furthermore, we can also address your concerns for you as you search for the right wholesale gasoline suppliers. So please do not hesitate to reach out and get in touch with someone from our team today to get even more information on all of the different products and services that we have to offer you and your business.

Pumping Gas and COVID-19

gas station supplier

Unfortunately, the coronavirus is making something of a comeback. “Seventeen states across the U.S. are now seeing surges unlike anything they’ve experienced in this pandemic, and no state in the country is seeing a sustained decline,” CBS News writes.

What does this mean for Georgia State as well as producers and business establishments in Georgia? Know the most relevant facts.

Georgia Numbers Are Going Up, But Not By Much

For starters, yes, coronavirus cases in Georgia are going up. However, the rising numbers in Georgia are relatively modest compared to some of the surges in the nation. According to Healthline, Vermont, Washington, D.C., Tennessee, Montana, and Minnesota are among the states with the sharpest increases. Georgia residents and business owners should be cautious, follow safety guidelines, and keep a clear head.

Significantly, Dr. Anthony Fauci reveals that a national lockdown is unlikely. In his own words, circumstances would have to get “really, really bad” for Fauci to advocate for a lockdown. Instead, “We’re going to use public health measures to help us safely get to where we want to go,” Fauci explains.

For Steady Or Thriving Sales, Put Your Customers At Ease

Some business owners do not necessarily worry about nationwide lockdowns. Even during a mandatory lockdown, businesses like wholesale gasoline suppliers and a gas station supplier will always be necessary. However, sales may remain stagnant or level off if you do not understand how to properly reach your customers.

To keep customers coming during the global pandemic, emphasize safety and transparency. Here are a few ways for a gas station supplier to keep their supply moving.

  • Emphasize your commitment to consumers’ safety. Do not leave customers to assume you are doing the right thing. Instead, get the word out. Place blatant, visible signage letting customers know what you are doing to keep them safe. Go into detail about frequent cleaning and disinfecting. Rotate disinfecting pumps during business hours and let customers see you doing it. Make it clear that employees are required to wear masks, and enforce that policy.
  • Spread awareness. Don’t leave it to customers to find out “why doctors say all those pump handles aren’t as big of a risk as you think,” according to The Drive. Your customers may be inclined to think that pumps are full of germs because they are a high-contact surface. Many different people get gas every day, so it stands to reason that many different people touch the pumps as well. However, COVID-19 is rarely spread through common-touch surfaces. It is possible, but it is very, very unlikely — unlikely enough that the Texas Medical Association rates pumping gas as a low-risk activity or a two out of 10 amid the pandemic. Droplet transmission from being near an infected person, or hugging or shaking hands with an infected person, is the most likely means of transmission.
  • Encourage customers to take precautions. It starts with industry leaders. Producers build gas stations, equipment, and provide pumps safely. Then a gas station supplier provides fuel to the masses safely. Let consumers know that you will be doing your part to ensure their safety and politely ask that they do theirs. Promote wearing masks and social distancing. Encourage customers to use hand sanitizer (provide it if you can!), and provide disposal wipes for customers to wipe down the pump before they use it. If customers want even more reassurance, they can wear one-time use, latex gloves while at the pump, and dispose of them immediately afterward.

Every year, popular gas station chains, like Sunoco, sell 5 billion gallons of gas across 25 different states. Fuel and gas are a commodity that is in high demand — perhaps even more so during uncertain times or emergencies. A gas station supplier should aim to meet that demand as safely as possible and get the word out that they are doing it. Their customers will certainly thank them for it.

5 Tips to Help You Select a Reliable Wholesale Fuel Supplier

When you need wholesale petroleum, buying from wholesale fuel distributors will give you great cost advantages. Most likely, you’re aware of this, but what you need to know is how to select a good wholesale gasoline supplier. You may be running a fleet of trucks, a gas station, or a manufacturing industry. Regardless of your use for bulk fuels, you need a supplier you can trust. These tips will help you select a reliable wholesale fuel supplier.

1. Consider the Proximity of a Distributor

A wholesale petroleum supplier doesn’t need to be in the same local area as you are, but it makes delivery much easier when your supplier is near you. This is important because you may have emergencies that need a rapid delivery of fuels in bulk. Especially, if you run a sensitive industry, you cannot afford to have extended downtimes as you wait for your diesel fuel supplier. The swiftness of a fuel supplier in responding to an emergency may be boosted or hindered by distance and location. A fuel supplier who operates from your local city or town is better suited to meet your emergency fuel needs.

2. Strong Brand Identity

A reliable wholesale petroleum supplier will have many outlets in different locations across your state and country. If your business has branches in other states, it’s a good idea to engage a wholesale fuel distributor with outlets or supply centers in the many locations. This will not only increase the convenience of fuel delivery but also it will ease payment and transactions. As a business owner, you’ll be able to streamline your operations, and this will increase your productivity and efficiency. Additionally, an established supplier may not have supply challenges or shortages that will affect delivery.

3. Offers Extra Services Besides Fuel Supply

The top fuel suppliers will offer more services to your business besides supplying you with wholesale petroleum. This is even more relevant if you own a gas station. Instead of working with many suppliers, each offering different services, you can settle on one that offers all services under one roof. These services may include, pump installation and repairs, station clean up, grading, canopy building, and gas station designing and building. The wholesale fuel suppliers who have made a name in the business will be more of your partner than your supplier. They will even help you with marketing your gas station so that you can attract more customers and increase your sales.

4. Honest Fuel Prices

Gas price changes are common and are influenced by different factors in the Petroleum industry. Your fuel suppliers may not have control of the gas price changes, but they do have control over their operational costs and delivery costs. Some dishonest suppliers may jerk up their operational costs in the disguise of gas price changes and pass the burden down to you. Or, you may fall prey to some marketing gimmicks like the 2013 scheme, infamously referred to as Jacking the Discount. However, a fuel distributor who is transparent about fuel prices will not result in such tricks.

5. Good Reviews from Previous Customers

A reputable wholesale petroleum distributor will have excellent reviews from their current and previous customers. Find out if similar businesses in your industry can recommend a fuel supplier. The good thing is that you will see all the tell-tale signs of a bad fuel supplier — poor customer service, exaggerated cost estimates, and bad customer reviews. As such, you will stay clear of such a supplier and find an authentic one. Between handling the myriad of challenges in the petroleum industry, and running your business, you don’t want to also deal with a bad supplier.

With an excellent wholesale petroleum supplier, you will be able to run your business more efficiently and serve your customers better. If you operate a gas station, you don’t want to have supply issues as this may kill your business given that drivers in North America account for about 44% of the globe’s gasoline consumption.

Gasoline And Storm Prep: What Your Customers Need To Know

wholesale gasoline

wholesale gasoline

The Atlantic Hurricane season is going strong and will be until the end of November. While luck has been on our side so far, the season has been abnormally active. It has been so active, in fact, that the World Meteorological Organization (WMO) is running headlines about the hurricane season thus far exhausting the “regular list of names.” What does that mean?

“WMO maintains rotating lists of names in alphabetical order for tropical cyclones. Male and female names are alternated, and the lists are used every six years. If a hurricane is particularly devastating or deadly, its name will be retired and a new one selected,” WMO explains. There have been so many named storm systems this year, experts ticked off all but one name (Wilfred) as early as September 14.

What does a particularly nasty hurricane season have to do with wholesale gasoline suppliers and those who purchase fuels in bulk? A lot, actually. Consumers stock up on gasoline for possible evacuations and/or to operate backup generators.

Learn when gasoline and fuels are in high demand so you can be fully prepared to meet your customers’ needs.

Fill Up Your Car As Soon As Possible

Last year, U.S. men and women used as many as 142 billion gallons of gas to power their motor vehicles. That amounts to 390 million gallons every day. When a major storm is looming, that number goes up drastically. If you live in a state or region affected by hurricanes, you know about the long lines at the gas station leading up to the storm. Perhaps you can even remember pulling into gas stations to discover they are out of fuel altogether. These long lines form for a number of reasons. People want to be prepared to evacuate, they want to avoid the rush as well as any gasoline shortages, and they want to make sure to fill up their gas tank before establishments lose power.

By purchasing wholesale gasoline and ensuring that your gas station is amply stocked, you can avoid all of the above scenarios. For extra assurance, make sure to buy enough gas for your own backup generators if applicable. Commercial generators may use diesel or natural gas, although traditional, diesel-powered generators are often easier to maintain.

Safely Store Gasoline Ahead Of A Storm

Sure, one option is to rush to the gas station at the first sign of a storm. Another option is to beat the rush in the first place. As long as your customers know how to safely store their gasoline, they can purchase it from you far in advance — before there is even a hint of a storm or an impending emergency.

There are a few tricks to storing gas safely. Extra gas tanks should be stored in a cool, shady place out of the sun. Ideally, diesel should be used in three months or less. Pure gasoline will generally hold up for six months. In other words, it is safe and reasonable to buy gas at the beginning of the hurricane season, not at the beginning of the year. According to Bob Villa’s, you can extend the life of stored fuels by purchasing stabilizers. With stabilizers, it is possible to store extra diesel fuels and gasoline for up to 12 months. Do not store gasoline for a year without adding stabilizers. If you keep it around too long, fuel may prove ineffective or pose hazards.

Purchase plenty of wholesale gasoline and, in turn, customers can purchase their emergency gas stores from you.

Hurricane season is going strong. If you purchase enough wholesale gasoline and plan ahead, you can be your customers’ go-to resource in the event of a storm.