Testimonials
Apex Bulk has used the services of Petroleum Management Services for the past year.
Petroleum Management Services has controlled the fuel inventory at all of our trucking
terminals. They monitor inventory 24 hrs per day, seven days per week. Petroleum
Management Services also negotiates pricing for all our bulk and on road fuel purchases.
We have consistently beaten the pricing compared to all published benchmarks. However,
in our view the greatest value in the Petroleum Management Services is the confidence
we have that our fuel supply is uninterrupted and priced competitively.
Denny Wyatt
Vice President Apex Bulk Commodities
Adelanto
CA.
Our Company has utilized Petroleum Management Service through both the significant
increases in price realized throughout the Summer of 2005 and beyond to the more
recent downward pricing experienced in more recent fuel markets. We have experienced
superior performance in both service and purchasing by Petroleum Management Service.
After using the services of their company we came to the determination that our
organization was being provided with inventory control of product and that the purchasing
and delivery expertise were saving us tens of thousands of dollars over the course
of our relationship. The minimal cost of this service has allowed our business to
concentrate its efforts on the activities in which we are experts, while reaping
the benefits Petroleum Management Service provides in their area of expertise.
Glenn E Warner
President South Bay Salt Works
Chula Vista
CA.
News
Wednesday’s national oil satistics had an air of mystery about them as the clock
ticked down to 10:30 a.m. Last week’s very bearish numbers had some traders (probably
the hopeful bulls) thinking “aberration” and maybe a reversal this week. Even so,
the cautious consensus of the experts was still calling for counter-seasonal builds
in inventory.
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Now for the economic news, if I have to. Last week’s data from the Labor Department
confirmed what we all probably already knew: unemployment is worsening. The unemployment
rate jumped to 7.2% (the highest in almost 16 years) on the back of another 524,000
jobs lost in December.
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