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Many governments worldwide have turned to a carbon tax in an effort to reduce emissions, with the US looking like the latest country to adopt one. This has led consumers and companies to wonder: will the carbon tax increase fuel prices?
Successful companies push innovation through artificial intelligence, algorithms, and efficient data automation. Real-time business intelligence (BI) is key to maintaining an advantage in your company’s ever-changing market.
While gas prices have declined, the supply and demand imbalance suggests elevated prices will continue, DTN market analyst Troy Vincent explains.
Purchasing fuel in the wholesale market is not an easy job. Successful fuel buyers must remain vigilant and ready to pounce on opportunities that present themselves. What exactly do fuel buyers need to consider when evaluating wholesale fuel prices?
It can be complicated and confusing to keep up to date with trends in supply and demand in the petroleum products industry. Suppliers in the market make decisions and change prices throughout the day. Quick reactions and adaptability will empower your company’s pricing optimization strategy.
U.S. drivers had high hopes that the release from the nation’s SPR would help ease triple-digit prices of crude oil and reduce gasoline prices at the pump.