When gas prices go up a penny or two most people don’t really notice and why should they. When the cost of gas prices goes up 16 cents in a couple of weeks, it gets people’s attention. It also starts to draw fears of the summer of 2008 when gas prices went over $4.00 a gallon.
What if you are a fleet manager, oh you’re starting to feel the pain. The price of diesel fuel is up 20 cents a gallon over the last month. You’re not filling up once a week, like you do for your car. Your fleet of trucks is filling up daily and taking 20, 30, 50, 80 gallons a day of diesel fuel. This puts a hurting on your fuel management budget program. At 20 cents extra a gallon and filling up 50 gallons of diesel fuel a day that adds $10 toward your cost. We know, mix in that your fleet management is not just 1 truck but 40 trucks. Your cost per day is up $400 for diesel fuel. Weekly your fleet fuel cost is up $2,000 and almost $10,000 month.
We think the bubble is about to pop a little and fleet fuel cost for both your diesel fuel truck fleet and the good old America car fleet will get some relief. How much? We can’t say for sure, as we all know a lot of factors drive the cost of fuel. If I am taking a bet out in Vegas, I think we see prices back in the low $70 a barrel or maybe even high $60’s. This would put diesel fuel and gas prices back down the same they just went up.
Next rides, fuel planning, candy land, fuel consulting super dooper looper. Good luck.
How you fueling today? We are feeling good!
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