Fuel Cost Management “It’s Not Rocket Surgery”
March 2, 2014
A good friend used to always say “Don’t make things so complicated. It’s not rocket surgery.”
A good friend used to always say “Don’t make things so complicated. It’s not rocket surgery.”
People are creatures of habit. We wake up at the same time, eat the same breakfast, stop at the same coffee shop etc. Fueling up our vehicles is no exception. We go to the same gas station, grab a lottery ticket, pump the gas and continue on with our lives without even stopping to think about it. But what if
The Energy Information Administration (EIA) reported that the price for U.S. on-highway diesel fuel fell eight-tenths of a penny to $3.871 per gallon, the second consecutive increase. (The EIA is the statistical agency of the U.S. Department of Energy.) The national average price is 1.9% or 7.4 cents lower than at this time last year.
The DOE reported the national cost for diesel fuel prices fell four-tenths of a penny to $3.879 a gallon. After coming off 2 straight weeks of increases it’s nice to see a fall back. The national average diesel fuel cost is 11.2 cents lower than a year ago at this time.
Look for your fleet fueling prices of diesel fuel prices and gas prices to take a turn down over the next couple of weeks. A lot of action is happening in the oil world. Fuel prices were falling several dollars a barrel already this week which is good news to your fuel management programs. Then what I believe was a
Although, I think we could all use a little luck o’the Irish this St. Patrick’s Day. And, who wouldn’t like to find a pot of gold at the end of the rainbow, or at least some extra “green” added to their corporate bottom line? This is especially true for those of us working hard in the fleet fuel management industry.
Headlines everywhere screaming gloom and doom; uncertainty in the Middle East, shaky stock market, oil prices up again week after week after week. And to pour salt on our wounds, the EIA (U.S. Energy Information Administration) reported the second largest one-week increase in gasoline prices in past 20 years! This hurts the general public, but is especially painful to those
Yes, we all know diesel fuel prices are killing your fleet management budget. For you fleet managers, diesel fuel prices are just hitting your fleet fueling costs it is also starting to increase other costs associated with petroleum products. Bridgestone Tire for example just increased a 12% increase in fleet companies tire cost effective immediately. Why? Increased costs in raw
Future Fuel Saving Might Be Bleak Without Fuel Management
I know diesel fuel prices that is all we talk about lately but we aren’t the only ones talking about fueling. In FleetOwner, Sean Kilcarr wrote this below about diesel fuel prices.
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