Fuel Flash – July 2019
July 1, 2019
Oil prices hovered near $53 per barrel for most of June, then quickly increased toward $60 during the last 10
Fuel costs are one of the most significant expenses for fleet operators. As fuel prices fluctuate, businesses are look…
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Oil prices opened the last month of 2024 in the high $60s/barrel. OPEC+ met in…
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Choosing the right fleet fuel locations is a critical decision that can impact…
Read moreOil prices hovered near $53 per barrel for most of June, then quickly increased toward $60 during the last 10
Oil prices traded in a narrow range near $62 per barrel for most of May, then quickly fell back to
During the first half of April 2019, oil prices traded in a narrow range in the low $60’s per barrel,
During March 2019, oil prices traded near $56 per barrel for the first half of the month. Near the middle
During February 2019, oil prices traded in a narrow range during the first 10 days, then began climbing for the
As 2019 got underway, fuel prices started to rebound after rapidly declining during the fourth quarter of 2018. January prices
For the third consecutive month, crude oil prices continued their steady decline throughout December. Prices closed the month at just
The collapse of crude oil prices continued throughout November as they fell 20% compared to the beginning of the month.
During March 2018, crude oil prices traded in a narrow range for most of the month, then started to climb
Moving away from oil is something being promoted in many areas. One of the debates is the use and production
Time is money, how many times have we all heard that? We all know it’s true, particularly when it comes
We’ve been hearing buzz about autonomous cars for almost a century now, with the dreams of a self-driving car for
If you use propane to power forklifts in your operations, or other alternative fuels in your fleet, there may be an opportunity to
During February 2018, crude oil prices went on a roller coaster ride following a similar track as the stock market.
Fuel costs are a major cost of doing business when operating a fleet of any size. Purchasing new vehicles can
Throughout the year, Sokolis must update its records for all of the changes made to fuel taxes. It’s a tedious
Traditionally, state governments have funded road construction through taxes on fuel. As vehicles become more efficient, though, the income from
As 2018 got underway, crude oil prices continued their rapid climb and gained almost 10% during January. Prices are approximately
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