While states struggle to keep up with increased demand on their highway infrastructure, people buying diesel fuel and gas are going to pay. In the latest news, the state of Virginia has passed a law that goes into effect July 1, 2013 that will raise diesel fuel taxes and gas taxes.
Diesel fuel prices fell 4.2 cents to $4.088 per gallon as reported by the Department of Energy (DOE). It looks like after several weeks of diesel fuel climbing it has now taken a turn for the good for the transportation world.
Look at the chart on diesel fuel prices over the past 3 years. Tell me it’s not scary in trying to figure out where they are going to be next week, next month or 6 months from now. You can’t control what happens to drive diesel fuel prices all over the board. You can control the margin you pay?
Diesel fuel prices have fallen over the last couple of weeks. They have followed the trend by crude oil prices going lower but what will happen next. We have some crazy things going on that can affect your fleet fueling.
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
It’s really hard to believe that diesel fuel prices and gas prices are falling, especially if your local gas station hasn’t lowered prices yet. Ok, I realize that MOST of us have not seen the lower fleet fueling prices at the pump yet. This is basically because most retail locations are taking their time lowering their prices—and your fueling costs.
We all know that fleet fueling prices have gone up. We see it everyday at the pump. We feel it in our wallets. But why? Is it because of supply and demand? Is it because of volatility in the Middle East? Just what exactly is driving diesel and gasoline prices higher? It’s simple. The way this fleet fueling professional sees
If you thought your fleet fueling was going to get cheaper because the spring weather is approaching, check again. Gas prices increased 17 cents last week alone. The national fueling cost for gas is $3.33 a gallon. Most don’t believe the worst is over. It might be time to pull out a pen and paper as a fleet manger and
I wouldn’t expect your fleet fueling prices to fall anytime soon. China ordered banks to hold back more money as reserves in its latest move to control inflation. The government has used a series of interest rate hikes and increases in reserve levels in an effort to slow inflation in its robust economy. This kind of stuff usually helps the
The Department of Energy (DOE) just released diesel fuel pricing data that has diesel fuel prices rising for the 10th straight week jumping 7.5 cents to $3.513. It’s the largest increase since December 6, 2010 early in this rise of fleet fueling prices for trucking. This increase puts the diesel fuel price 74.4 cents higher than this same time last
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