Is Your Fuel Program solid? How is Your Fuel Planning?
Today’s latest and greatest on fleet fuel came out. Would you believe if I told you:
- Oil prices fell to below $70 a barrel Wednesday following a Department of Energy report that showed crude supplies rose last week, Bloomberg reported.
- Crude futures fell $1.49 to $69.93 a barrel on the New York Mercantile Exchange. Prices had dipped 16 cents Tuesday after earlier topping $72, Bloomberg said.
- DOE reported Wednesday that crude inventories gained 1.7 million barrels last week, well over the 600,000 barrels forecast by analysts at Bloomberg.
- Gasoline stockpiles fell by 200,000 barrels and distillates, which include diesel fuel, fell by 1.1 million barrels for the week ended Saturday, DOE said in its weekly report.
- Oil prices are up 60% this year although prices have fallen by more than half since the $145.29 record Nymex closing price set in July 2008.
Fuel Management, Fuel Consulting, Fuel Programs who needs that stuff when you have a market where gas and diesel prices are so easy to predict that your fleet management company can do it on it’s head.
People, these crazy things going on with your fleet fuel program are real. Fuel prices are just should I say it, stupid right now. At what point does the market go back to looking at fundenmentals to determine its fleet fuel pricing.
We sure hope it’s soon. Fuel management and fuel planning are taking on a whole new meaning. How can you make serious judgements when the fuel game is always changing.
One way only. Fuel Consulting company, fuel management company, fuel planning or Sokolis Group willget your fleet fuel program on track and stay the course. Ok, I know it was more than one way. All arrows point toward Sokolis.
If you want to save money or your fleet fuel cost, contact Sokolis, 267-482-6155, https://sokolis.com/. We take the guess work out of fuel management and put the fleet fuel saving back in your company’s pocket.