The old expression, “What goes up must come down” is happening again with crude oil. Over the past several months, we have seen a barrel of crude oil go from $107 back in June 2014 to under $65 earlier this week. And, it doesn’t look like the price of crude oil will be rebounding much higher anytime soon. Fuel purchasers
The average retail price of diesel fuel continues to hover near $4.00/gallon. When you look at the total retail price of diesel fuel, it’s important to understand the components of the price to know where there may be opportunities to reduce the cost.
Lately, I’ve seen a lot of headlines that highlight companies that are adding or replacing vehicles in their fleets with natural gas units. Various suppliers are also investing millions of dollars to expand their distribution networks so that CNG and LNG can be obtained more conveniently.
Years ago, companies were hesitant to direct drivers to fuel stop networks. They were fearful drivers would get upset and leave. Today we are facing the same issues we did back then. “Driver Shortage” But, a lot has changed since then. The need for a company to manage their fuel cost has become a necessity and drivers understand this more
Diesel Fuel Prices 26.6 Cents Higher Than DOE 2014 Forecast
Mobile Fueling holds a labor cost savings value to customers that choose to use it. In many instances auditing these type of transactions internally in more difficult as the transactions may not process to the card vendor at time of delivery.
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
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
When we think of saving money on fuel we automatically think of cheaper fuel prices; but there are other ways to save money on fuel before even hitting the pump.
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
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