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Retail and Wholesale Fuel/How is gasoline traded?


Is there a such things as gasoline trading firms and if so how do they operate?

There are trading firms brokering fuel including gasoline.  Goldmand Sachs (GS)and Morgan Stanley (MS)are the two largest commodity trading firms in the US. Each region of the country broken into PADD's has brokers dealing with each other and other wholesalers.  They sometimes hedge their transactions using the big banks like GS and MS to protect themselves against the big price swings.  Pipeline traders are wholesalers in the system purchasing spot market gasoline from oil company refiners as prices changes during each work day.  Each of the oil companies have exchanges set up with each other to take  care of their supply and demand.

Retail and Wholesale Fuel

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Bob van der Valk


Bob van der Valk recently joined the Bakken Oil Business Journal as their Managing Editor of the bi-monthly print and digital journal editions, connecting business and resources for the greater Bakken area. Bob has collaborated & contributed to the editorial voice of the Bakken Oil Business Journal since its inaugural issue in May of 2012. He has been the source of information on the petroleum industry, as a whole, in addition to paying specific attention to the booming growth of Oil & Gas industry in the Bakken Oil Shale Region. Bob is quoted regularly in the national media for his expertise on petroleum industry matters and fluctuations in the prices of petroleum products. Bob has over 50 years of experience in the downstream refining and marketing sector of the petroleum industry with particular expertise on the U.S. western region. He is also a regular guest on Tom Egelhoff’s “Open for Business” radio program on KMMS-AM 1450 from Bozeman discussing current events in the petroleum industry for the region.


I have over 50 years experience in both the major and independent side of the refining and marketing side of the US petroleum industry.

Bakken Oil Business Journal

Associate in Arts degree at Cerritos College, Cerritos, CA

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California Real Estate Broker

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