FUEL YOUR FUTURE
About
TACenergy
TACenergy is a Dallas, TX-based independent wholesale fuels distributor of refined petroleum products. Our customers include gasoline and diesel retailers, industrial users, transportation, oil & gas, waste disposal & recycling, trucking, government, utilities, mining, construction, plus any other commercial user or reseller of fuel.
Simply relying on the lowest rack price available at the moment of purchase is a huge risk to both your supply chain and overall fuel costs. At TACenergy, we take the purchasing muscle and flexibility of our national terminal network and combine it with the most efficient logistical and information technology tools. The result is a fuel supply chain that is optimized for every customer's needs in ways big oil is simply not equipped to provide.
Products, Services, and Supply
Our goal is to be the most reliable, convenient, flexible and lowest cost fuel supplier in the nation. In addition, we provide our customers with added value services and 24/7/365 support based in Dallas, TX. With an annualized fuel volume in excess of two-and-a-half billion gallons, TACenergy has a vast terminal supply network as well as regional sales offices across the country.
24/7 Supply & Logistics
Highly-trained logistics professionals are always available in our 24/7 Supply and Logistics call center.
Custom Web Tools
With one of the most advanced collections of web-based tools available, managing your fuel supply and support data is easier with TACenergy.
Inventory Intelligence
Inventory Intelligence with TACenergy monitors tank inventory, ties the data into online tools and trading market intelligence, accurately anticipates demand and automatically dispatches orders.
Industry Solutions
We serve the fuel needs of a wide range of retail, wholesale, commercial, government and industrial customers with our products and services.
Terminal Network
TACenergy's purchasing muscle exceeds two-and-a-half billion gallons per year, and we have the most extensive terminal network of any independent fuel supplier.
Diesel Exhaust Fluid
The EPA is changing emissions standards for NOx emissions, particulate matter and other pollutants from diesel engines. DEF is used in the emissions systems on new diesel-powered equipment to meet these standards.
Cooperative Purchasing
Streamlining the purchasing power of public procurement entities through cost and time efficiencies obtained with pre-established contracts on a national, regional and local level. TACenergy bids and manages contracts through purchasing partners to enhance the purchasing process for government, public, education and non-profit entities needing fully negotiated contracts to react quickly with buying decisions.
News & Views
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Strategic Leadership Positions Bolster TACenergy Organic Growth Plans To Reach 3 Billion Gallons Annually
Hazel Helm as Director of Supply and Randy Grizzle as Director, Sales & Marketing add depth to senior management team and support to key service areas
DALLAS (September 14, 2023) – TACenergy, one of the nation’s largest wholesale fuel sales companies headquartered in Dallas, Texas announced the appointment of two newly created positions supporting company growth plans to extend competitively priced product sales across the U.S.
As the Director of Sales & Marketing, Randy Grizzle brings over 25 years of U.S. fuel marketing experience leading sales development and data analytics for regional/national mid-stream energy companies. “The growth and high level of customer service TACenergy continues to bring to market reflects the activity of a very powerful team”, said Grizzle, “and I am excited to assist the company in achieving its highest potential.” Grizzle will put his focus toward continued business development opportunities, furthering current and future relationships with key national and regional companies in conjunction with developing processes and programs that enhance the foundation of company service levels.
Focusing on upstream supply relationships and contract development, Hazel Helm joins the company as Director of Supply and brings her 17-year multi-faceted strategic buying and analysis experience combined with a background from the refiner’s point of view to strengthen the national supply experience for TACenergy. Helm’s presence adds to existing business intelligence ensuring a well-managed national supply system with availability at over 800 U.S. terminals in the TACenergy network. Helm shared her outlook upon joining, “TACenergy is poised to lead the transformation of fuel distribution to include all energy resources and the vast long-term relationships with suppliers signifies its strength as the leader and I am excited to be a part of it.”
Fred Sloan, Chief Operating Officer of TACenergy shared, “The addition of Randy and Hazel comes at a time to support the growth trajectory we are experiencing and gives our team incremental depth extending our potential to reach new volume goals while continuing to lead the industry with the absolute best service levels in logistics and professional services.”
The TACenergy ‘Drive to 3 Billion’ goal is set to be achieved through organic growth and with the surety of our suppliers, carriers, and customers being treated with the respect and integrity that are the foundational tenets the company has maintained for nearly 60 years.
About TACenergy
TACenergy, a Dallas, Texas-based wholesale distributor of refined petroleum products is supported by 17 regional offices, one of the nation’s largest supply networks and over 100 employees across the 48 lower United States. Delivering customer value through customized fuel management programs, a 24/7 Supply & Logistics call center and a commitment to efficiency and accuracy, TACenergy exceeds industry standards to create sustainable growth. Annual volume exceeds two-and-a-half billion gallons for seven-and-a-half billion dollars in revenue. Ultimately, it’s the company associates and their passion for service that sets TACenergy apart.
Learn more about TACenergy, at www.tacenergy.com. Don’t Just Buy Fuel. Fuel Your Future.
Market Talk
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Energy Prices Are Trading At Multi-Month Lows
Energy prices are trading at multi-month lows and are on the verge of a technical breakdown this morning after Monday’s attempted rally fizzled, and concerns over high inflation and low demand both seem to be keeping buyers at bay.
The complex was trading modestly lower overnight, and then the slide picked up steam following the April Producer Price Index (PPI) report which showed stubbornly high inflation of .5% for the month (which would annualize to 6%) giving the FED another reason to hold off on cutting interest rates. The bright side to this report is that the main contributor to April’s higher inflation reading was higher energy prices, and with the sharp pullback we’ve seen over the past month that component of pricing pressure should come down in the May report.
OPEC continues to bang a bullish drum in its monthly oil market report, increasing its economic estimates for Q1 of this year, and holding its forecasted demand growth steady at 2.8% and 2.9% for 2024 and 2025 respectively. The report also noted big decreases in clean-product tanker rates with east of Suez prices down 10% and West of Suez rates down 20%, in a sign that the physical market is not stressed over the potential shipping disruptions around the Middle East. Refinery margins declined across all major global markets as an end to a busy spring maintenance season and new capacity increased output.
What’s up Doc? The cartel also made a tweak to its monthly report and will now be highlighting output and demand for the countries participating in the Declaration of Cooperation (DoC…aka OPEC & Friends) to demonstrate solidarity and unity, which may signal that some in OPEC are getting nervous that the members may become more uncooperative in the coming months. Total OPEC output dipped by 48mb/day during April with declines in Nigeria and Iraq offsetting increases in Iran and the Congo. Total DoC output declined by 246mb/day during the month with Russia’s output declining by 154mb/day and Kazakhstan’s output down by 50mb/day.
Space on Colonial’s main diesel line (Line 2) settled in positive territory for the first time this year, as the building contango for distillates helps to incentivize shippers. There also appears to be another buildup of un-wanted inventory of distillates in several regional markets with basis values in LA, Chicago and the Group 3 market all reaching multi-month lows this week.
Some of the weakness in diesel prices can be blamed on recent wet weather delaying planting in several states, and those delays are also helping corn and ethanol prices rebound to approach their highest levels of the year.
New tariffs on Chinese EV’s are making headlines this week, but it’s a potential tariff on Used Cooking Oil (UCO) from China that could have a larger impact near term on the fuel industry as US grain processor think it’s unfair that China dares recycle oil to the detriment of their food to fuel factories.
Speaking of EV’s, the EIA this morning wrote that the US share of electric and hybrid vehicle sales decreased on the first quarter of 2024 after more than 3 years of steady growth.
Click here to download a PDF of today's TACenergy Market Talk.