Diesel fuel prices rose 0.3 cent to $4.135 a gallon and gas prices gained 3.1 cents to $3.878 — the 11th straight increases for both fleet fuels. The increase was modest compared to the previous 11 weeks as fleet fuel cards have seen there cost shoot up. The fuel savings that was enjoyed earlier this year has long gone away.
Diesel fuel prices will average $3.96 this year, the Department of Energy said, boosting its most recent forecast by 12 cents on projected higher crude oil prices.
For those counting at home, diesel fuel prices have gone up 9 straight weeks. This week diesel fuel raised another 3.8 cents to $4.127 a gallon nationally according to the Department of Energy’s latest information. $4.127 is a lot but that is the national DOE number, in California diesel fuel is the most expensive average at $4.493
The national average for diesel fuel prices climbed for the seventh consecutive week, surpassing the $4 mark for the first time since May 14. Diesel fuel price climbed 6.1 cents to $4.026 a gallon during the week ended Monday, Aug. 20, according to the U.S. Department of Energy’s Energy Information Administration.
Diesel fuel rose for the third week in a row, rising 8.8 cents to $3.783, while gas prices also rose for a third week, the Department of Energy said Monday.
Deaths Involving motor vehicle crashes have risen as of this year. It is up 13.5% from last year at this time.
Diesel fuel prices are climbing again, for the second week in a row, rising 1.2 cents to $3.695 a gallon for diesel fuel while gas prices also rose for a second week, the Department of Energy said Monday.
Diesel fuel will average $3.79 a gallon this year, the Department of Energy said, lowering its most recent forecast by 11 cents.
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
In an article recently in Inbound Logistics, CFO’s are still very concerned about diesel fuel prices and where they will go. I suspect given the recent ups and downs the market has had over the past couple of years, along with continued uncertainly there are challenges to be met. Depending on your type of company; trucking, food & beverage, private
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