Agenda

View Day 2

Thursday, November 11, 2021

7:00 – 8:00am
Registration and Continental Breakfast

8:00 – 8:30am
Opening Remarks and Course Overview/Goals

A welcome from your instructor and an overview of the topics and sessions that will be presented during the workshop.


8:30 – 9:15am
Understanding the Fuel Chain – How Fuel Arrives at the Rack

An overview of the fuel chain and how products change and move from crude oil to refined products to the final end-user.


9:15am – 10:00am
Understanding the NYMEX

The first link in the fuel price chain, the NYMEX is the international paper price benchmark for fuel products.


10:00 – 10:30am
Refreshment Break

10:30 – 11:15am
Understanding the Spot Markets

The second link in the fuel price chain, there are 7 spot markets in the US that impact regional fuel prices. Knowing which spot market impacts your pricing is critical to purchasing fuel effectively.


11:15am – 12:30pm
Rack Pricing and Understanding Price Benchmarks

Understand how the third link in the fuel pricing chain works and the impact that they and benchmark pricing can have on your fuel purchases.


12:30 – 2:00pm
Networking Luncheon

2:00 – 3:00pm
Retail and Consumers

The final link in the fuel chain – learn how retail is evolving and consumer purchasing patterns for fuel at the pump changing.


3:00 – 3:45pm
Navigating Climate Change

Climate change policy is in the forefront for many countries. How will these changes impact the future of the fuels (and your) business?


3:45 – 4:00pm
Day One – Q&A and Discussion

4:00 – 5:30pm
Networking Happy Hour with Instructor and Attendees

 

Register Today!

 

Friday, November 12, 2021

7:30 – 8:00am
Continental Breakfast

8:00 – 8:45am
Understanding and Choosing a Benchmark or “Cost Basis” for Rack Purchases

There are several benchmarks to choose from when setting your fuel cost basis. Learn how they impact your fuel purchases and understand the pro’s/con’s of each.


8:45 – 9:45am
Supply Contracts – The Good, The Bad and How It Can Get Ugly

Developing relationships with your suppliers is a must, understanding the mechanics of your supply contract and how to enter into a beneficial one is equally as important.


9:45 – 10:15am
The Impact of Renewable Fuels on Your Business

Learn how renewable fuels are impacting the supply chain and the implications for your state and your business.


10:15 – 10:45am
Refreshment Break

10:45am – 12:00pm
Managing Risk Through Hedging

What is hedging? How can this critical tool protect your fuel purchases and profits in times of volatility?


12:00 – 12:15pm
Day Two – Q&A and Discussion

12:15pm
Event Concludes

 

Register Now

 

View Day 1