Until a couple of weeks ago, who heard of the Straits of Hormuz. It sounds like some kind of love story. Well it’s not a love story it’s a 25 mile stretch of water that 20% of all the world’s oil goes through daily. Of course that wouldn’t be a big deal if it were in Iran. One of the
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?
Well, we made it. Surviving 2011 wasn’t easy – the prolonged economic troubles, shifting global issues, rising food prices, etc…but look on the bright side, we made it through not one, but two threatened apocalypses! 2012 is bound to be a better year (and it only includes one Judgment Day from what I’ve heard).
Diesel fuel prices dipped 0.8 cents to $3.783 a gallon, its sixth straight decline, while gasoline fuel prices had its biggest increase since October. Gasoline rose 4.1 cents to $3.299, its second straight increase and biggest since Oct. 17. Diesel fuel has fallen 22.7 cents in the past six weeks, following two straight increases totaling 12.3 cents before that. Gas
Diesel fuel prices tumbled more than 10 cents during the final two weeks of 2011, the Department of Energy reported, as refineries continued ramping up production.
Diesel fell another 3.7 cents to $3.791 a gallon, its fifth straight decline, while gasoline rose for the first time in six weeks, the Department of Energy said Tuesday.
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.
Diesel fuel prices took its biggest decline in two months, falling 4.6 cents to $3.964 a gallon, a week after it had topped $4 for the first time in six months, the Department of Energy said Monday.
Diesel fuel prices are starting to make a run again this week up a dime to its highest level in almost six months — a national average price of $3.987 a gallon, the Department of Energy said Monday.
What is hedging? It’s a financial instrument to buy something in the future at a given price. In this case, we are talking about diesel fuel prices. Why would you want to purchase fuel today for the future? As this article is written, diesel fuel prices have been all over the map the last 6 months. Maybe some companies want
CONNECT WITH US:
Gain instant access to the ebook!"*" indicates required fields
