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Isaac and Fuel Prices

The impact of tropical storm Isaac has taken gasoline futures to a new recent high at $3.15/gallon, up 2.5% today.

This year’s hurricane season has (thankfully) been pretty tame. While we all hope this continues, we know from experience that such storms will occur. We just don’t know when.

Interestingly, it is still possible to lock in very low prices for calendar 2013. The pricing for that time period is different, and lower, than the current spot price. It is an opportunity for the astute fuel purchaser.

One Response to “Isaac and Fuel Prices”

  1. Pumps » Hurricane Isaac Bears Down on New Orleans Says:

    [...] even when it was only a tropical storm. Just yesterday we at Pumps posted that the storm had driven up prices 2.5% since the end of the [...]

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