Possible increase in petroleum prices
Are you ready for the price of fuel to go up? If Mexico is unable to control the outbreak of Swine Flu in their Country, We will be likely to see a substantial increase in price at the pump. The reason… Mexico is the second largest importer of oil to the US.
While the likelihood that the Mexican, or any other country’s oil production becomes impacted by the flu outbreak is small, it is never the less, real.
Is your SPR setup? Do you have a store of WMO? Even though the price of Diesel is less than half of what it was last year, now is the time to think about the future.