Diesel Fuel Prices Will Raise, Use Fuel Management System Too Keep Fleet Fueling Control
As we have been saying for weeks hold on to your hats because diesel fuel prices will be going higher. Fleet companies main source of fueling is going higher for fuel companies and everyone. Diesel fuel prices will finish the year at $3.294 a gallon based on the DOE records. We believe diesel fuel prices will start 2011 even higher. Right now your fleet manager and fuel manager should be going to executives and say, we are worried that we under forecasted diesel fuel prices for 2011. I know 2011 didn’t even start yet but when I hear a good friend of mine Joe Petrowski, CEO of Gulf Oil on CNBC the other day saying by sometime in January he believe crude oil will be over $100 a barrel and that there is a 25% chance that crude oil will trade over $150 a barrel by Memorial Day. You better stand up and listen. Joe is very smart and just like he said in the interview, higher gas prices or diesel fuel prices does not serve his company or the country any good.
If you live in almost anywhere in the East/Northeast your fleet companies trucks better had its fueling done before Sunday night for good fuel management. I was fueling my car on Sunday. Why? Everything takes longer in the snow when it comes to fleet fueling or fuel companies delivering. The roads are a mess, the fueling islands are a mess, let’s just say everything is a mess when it comes to heavy snow.
That Is The Question.
I know diesel fuel prices that is all we talk about lately but we aren’t the only ones talking about fueling. In FleetOwner, Sean Kilcarr wrote this below about diesel fuel prices.
Fleet cards, fuel cards and mobile fueling have become increasingly popular over the past few years for a vast array of reasons. They quickly and easily fleet companies employees to fueling up quickly or having their fuel savings come from a fuel companies, mobile fueling operation fueling.
With 2010 diesel fuel prices ending strong and future oil demands on the rise. Here we could be going again from an article written by Jeff Cox.
U.S. retail diesel fuel prices have sold at a premium over gas throughout 2010, and petroleum market watchers said global competition for the fleet companies main fueling likely means that will not change any time soon not matter what mode your buying fuel cards, mobile fueling, fleet cards in your fuel management.
A crime that hit ATM machines over the past years is now hitting the fuel card industry. It is called white card fraud, in the fleet card business. Please warn your drivers. Here is how it works:
Coming to the end of 2010 we have all heard plenty about hybrids especially with the diesel fuel prices of fuel hitting an all time high in 2008. Many of us drive hybrid powered cars (Sokolis Group owns one), know someone who does, or see them on the road daily. I’m all for driving a hybrid. In most cases they make sense because their fleet fueling efficient and they are more environmentally friendly. The only problem I have with any hybrid is the Smart Car which doesn’t look to me like a safe vehicle. Any type of accident and I don’t like my chances inside that thing, I don’t care how much money it could save on my diesel fuel prices; but that’s another story!