Fuel Flash – February 2019
February 1, 2019
As 2019 got underway, fuel prices started to rebound after rapidly declining during the fourth quarter of 2018. January prices
Oil prices began February at $73/barrel. After an initial announcement of tariffs on imports from Canada and Mexico, t…
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Read moreAs 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.
Crude oil prices tumbled by almost 13% during October. They peaked very early in the month at just over $76/barrel
Crude oil prices traded in a narrow range near $70/barrel for most of September then started rising quickly toward the
During August, crude oil prices started the month near $70/barrel but fell toward $65 by the middle of the month.
Crude oil prices opened July slightly over $74/barrel following a rapid increase after OPEC’s meeting near the end of June.
Crude oil prices traded in a narrow range near $65/barrel for most of June leading up to the OPEC meeting
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
Companies that run an active fleet may have some of the highest turnover rates among any industry. You can joke
Fuel cards are one of the most convenient aspects of the modern trucking industry. They ensure that every driver can
Crude oil prices ended 2017 at just over $60/barrel; a level not seen since June 2015. December’s prices were relatively
MAP-21 became law in 2012 – and one of its provisions was the electronic log requirement. These logs are used
When you’re driving all the time, what seems like ‘perfectly normal’ fuel prices for everyone else can stack up to
Crude oil prices gained another 6% during November and closed the month at just over $57/barrel. Prices briefly topped $59
The most important job a truck driver has is to get there safely and with the cargo in one piece.
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