Diesel fuel prices looked reasonable a couple of weeks ago, for that matter so did gas prices. DOE diesel fuel prices were around $3.64 a gallon and looked like they would go lower still. What has changed not a lot really from 4 weeks ago when fleet fuel prices were lower. The best way to say it would be to
Communication Make everyone’s aware of what the goals are to you fuel program. Communicate often and report results always. Review Of current process, procedures and best in class fuel buying Audit All transactions and create a benchmark of current fuel margins Understanding of the fuel business Create the best means for your vehicles to be fueled. Negotiate deals, discounts and
Hurricanes and tornadoes have been a regular focus on multiple occasions due to the magnitude of damage often produced, but more importantly the lack of preparedness many municipalities and facilities have for these events. Anytime a major storm or natural disaster strikes, you can be sure it will disturb thediesel fuel supply chainand fleet fueling prices will go higher. Increased
Diesel fuel prices will average $4.21 a gallon this summer and $3.94 a gallon this year, while holding over $4 into 2013, the Department of Energy said Tuesday.
I stopped by one of my favorite regional convenience stores the other day.
Iran’s situation will make for an interesting few months for the oil industry. Iran is currently enveloped in a food shortage. It can no longer import the necessary food to nourish its population due to the new economic sanctions on the country. The Middle Eastern nation has been bartering for food by trading gold and even barrels of oil since
It’s the beginning of February and its 68 degrees in the Philadelphia, PA part of the country. To say we have had a mild winter so far would be a big understatement. Crude inventories are up, gas inventories are up, diesel fuel & heating oil supplies are down very slightly so what makes people believe there is only one way
March is here and spring is near. Still no sign of that cold front I referred to last month, but there has definitely been a skyrocketing of fuel prices! As a fleet manager, you have to be worried that diesel fuel prices will reach $5.00 by summer. There are positive signs that the economy is heading in the right direction.
Diesel fuel rose two-tenths of a cent to $3.85 a gallon, its third increase in four weeks, while gasoline gained a nickel. Gas fuel rose to $3.439 a gallon marking its fifth increase in six weeks. Both fuels fell by less than a penny last week, with diesel fuel prices down 0.6 cent and gas down 0.2 cent. This week’s
Diesel fuel prices rose for a second week following six straight declines, increasing 2.6 cents to $3.854 a gallon, while gasoline fuel prices rose less than a penny. The increase followed almost two weeks of $100-plus per-barrel oil, though the price fell under that level late last week.
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