Wholesale fuel is a good investment if you maintain a fleet of vehicles that provide on-site services to local consumers. When your vehicles fuel up at your own pump with wholesale gas or wholesale diesel fuel, you know that you’re getting the most for your money. And when you pair that up with products from oil distributors, your fleet can be more fully serviced at your own facilities. At the same time, keeping your own pump stocked with fuel means that you need to do some research to make sure you’re always getting the right product, at the right price, at the right time.
To make sure you buy wholesale diesel fuel or wholesale gasoline most efficiently, and to make sure you’re getting the right products from oil distributors, you have to access your knowledge, resources and needs, including:
- The time you have to devote to oil and gas wholesale distribution research, including fluctuating wholesale gas prices.
- The overall wholesale gas and oil needs for your fleet, including how much fuel you’ll buy and how often you’ll need to restock.
- The specialized petroleum and oil needs that your fleet may have.
Action Steps
The best contacts and resources to help you get it done
Keep abreast of market fluctuations for wholesale fuel
Since wholesale gas and wholesale diesel fuel are commodities traded on the open market, the price can change by the minute, which may influence your cost structure. If you understand the market, though, you'll be able to better budget for your fuel needs--and be sure that you're getting a fair price from fuel distributors.
I recommend: OPIS provides a range of newsletters and daily pricing updates so you can know the trends in fuel pricing. Explore a trial version of the
OPIS Rack Report or get wholesale fuel rack prices delivered to your email. If you want to keep up minute-by-minute, try out the
OPIS Spot Ticker.
Find wholesale gasoline distributors online
Look for a fuel distributor online who covers your region. Many gasoline distributors are regional, meaning that they cover a three to five state area. However, some nationwide companies can meet your wholesale gasoline and diesel needs no matter where you live in the country.
I recommend: Petroleum Traders Corporation serves government agencies and private industries throughout the US. With a range of pricing structures, you can buy gasoline and diesel in the way that best fits your business. Get a quote from them by completing their
Response Form, and fill out the
Credit Application Form if you want to start doing business. Also check out
Mansfield Oil Company, a provider of private label gasoline.
Locate oil distributors to serve your fleet needs
In addition to fuel, your fleet needs oil to keep running. Take care of those oil needs with wholesale oil distributors.
I recommend: Santies Wholesale Oil Company can provide you with lubricants and oils of all sorts, and they offer delivery services as well.
Contact them to order, or for a quote.
Kelso Oil Company is also a provider of gasoline by pick-up or delivery.
Tips & Tactics
Helpful advice for making the most of this Guide
- Consider hedging, or purchasing gasoline futures in an attempt to lock in specific prices for delivery on a specific date in the future. But be forewarned: Do your research, or you'll risk paying extra for wholesale fuel when you engage in hedging.
The official source of Oil and Gas Wholesale Distribution is
the Oil and Gas Wholesale Distribution page at Business.com
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