Fuel Manager Services, Inc. is an active competitor in the fuel management business, proudly representing some of the largest trucking companies in the United States since 1992. We pride ourselves on honest, efficient services, ensuring our customers get the best values in exchange for their gallons via our fuel cost forecasting strategies, negotiations, and constant auditing of fuel data that provides the maximum potential savings for our customers.
Contact our Fuel Management Analyst for any questions at 479-846-2761
TOTAL CUSTOMER FUEL SAVINGS: $835,945,568 as of February 2024
U.S. crude oil refinery inputs averaged 14.7 million barrels per day during the week ending February 23, 2024, which was 100 thousand barrels per day more than the previous week’s average. Refineries operated at 81.5% of their operable capacity last week. Gasoline production increased last week, averaging 9.4 million barrels per day. Distillate fuel production increased last week, averaging 4.3 million barrels per day. U.S. crude oil imports averaged 6.4 million barrels per day last week, decreased by 269 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.6 million barrels per day, 2.3% more than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 384 thousand barrels per day, and distillate fuel imports averaged 112 thousand barrels per day. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.2 million barrels from the previous week. At 447.2 million barrels, U.S. crude oil inventories are about 1% below the five year average for this time of year. Total motor gasoline inventories decreased by 2.8 million barrels from last week and are about 2% below the five year average for this time of year. Finished gasoline inventories increased, while blending components inventories decreased last week. Distillate fuel inventories decreased by 0.5 million barrels last week and are about 8% below the five year average for this time of year. Propane/propylene inventories decreased by 3.4 million barrels from last week and are 1% above the five year average for this time of year. Total commercial petroleum inventories decreased by 3.2 million barrels last week. Total products supplied over the last four-week period averaged 19.5 million barrels a day, down by 3.2% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.4 million barrels a day, down by 3.1% from the same period last year. Distillate fuel product supplied averaged 3.7 million barrels a day over the past four weeks, down by 3.0% from the same period last year. Jet fuel product supplied was up 2.9% compared with the same four-week period last year
The full report is available on the EIA website.
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