The Pump – March

Let’s talk about deals. What’s a deal? Think you have one? Are you happy with your deal? Some people don’t even know there are deals.

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Do Rising Fuel Prices Make Your Fuel Supplier Smile?

Diesel fuel prices have been rising steadily over the past month. Most of us are accustomed to volatility in fuel prices, but they have actually been relatively stable over the past 10 months. About a year ago, diesel fuel prices were approximately 15 cents higher than where they are now. Then, the price fell rapidly during March 2013 and hovered

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Are You Overpaying Taxes on Fuel?

Periodically throughout the year, Sokolis gathers all of the changes made to taxes charged for fuel. It’s a tedious task to sift through the information scattered across the internet for each state. Even though there are web sites that consolidate fuel tax rates in one place, identifying potential exemptions takes more research than just glancing at summarized data. That usually

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Gearing Up in 2014

January flew by and your yearly objectives haven’t changed; but the clock has already begun to tick for 2014. Every year companies develop initiatives to drive costs out of their business. One of the top 3 objectives in most companies is lower operating cost.

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The Pump – February 2014

What a letdown for the Super Bowl! I really expected this game to be one of the best; but unless you were a Seahawks fan, it was pretty painful to watch. The matchup was the #1 offense vs. the #1 defense. Well, if we learned anything, I guess defense really does win championships.

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Not All Fuel Discounts Are Created Equal

There’s a lot more to managing fuel then just a discount. Fuel vendors want you to believe you are getting the best price possible. In most cases, a customer has no idea how they compare to another company buying the similar amount of gallons. Truth be told. Every company’s fuel buying program can be improved. Sokolis manages over 300 million

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Fuel Taxes Taking a New Route?

As a CPA, I’ve been dealing with taxes for my entire career. To be honest, it’s a part of my job that I really don’t enjoy. There are so many different tax rates and so many inconsistencies when comparing different states, or even counties within the same state. Plus, taxes are always changing! For me, it’s a never-ending battle to

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Which Way Will Diesel Fuel Go! Probably Several Ways!

I’m a diesel fuel price geek, what can I say. I make my living understanding this stuff. As I was preparing to write my annual projections on diesel fuel prices, I started to wonder, is there any trend that no one is talking about? The Energy Information Administration (EIA) projected 2014 to be $3.77 a gallon, but that was only

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