Higher Diesel Fuel Prices Could Hurt National Recovery

The Department of Energy continued to boost its projected price of diesel fuel prices, saying it will average $3.40 this year — a jump of 17 cents from its forecast last month. We know or at least we should know by now that the DOE projections on fleet fueling costs are always lower and sometimes much lower than what our fueling expectation are for diesel fuel prices. The $3.40 projection is an increase from $2.99 average last year, DOE said in its monthly short-term energy outlook released Tuesday. The price will climb to an average $3.52 for diesel fuel prices in 2012, DOE said.

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Fleet Fueling Costs Increase As Diesel Fuel Prices Continue To Raise

This time last year you were sitting at your desk thinking my diesel fuel prices aren’t that bad, if it stays this way my fleet fueling cost for the year should be good. The fueling price at the time was $2.879 nationally. Let your fleet companies operation roll forward to January 10, 2011 now all of a sudden you wake up and realize your diesel fuel prices have jumped to $3.333 a gallon, your fleet fueling price is up it just was at $3.00 on October 4, 2010 what is happening to my fleet management, every fleet manager or fuel manager or Director is saying. You don’t need to just be talking about it, act on it with Sokolis Group. Your fleet companies trucks were pulling into a truck stop and fueling up with 100 gallons of diesel fuel on your fleet card 3 months ago. The same fleet card is being used today, you are fueling 100 gallons and its costing your fuel management system an additional $33.30 per truck. Wow, does your fleet fueling need help. Real fuel consulting and fuel management help.

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Are you Ready for 2011, Fleet Fueling?

Do you know of any company raising their prices 16% in 2011? Are you kidding me? Most fleet companies are fighting to keep prices flat so they can retain their ever dwindling customer base. If gas prices keep soaring out of control, how is it going to be possible to make a profit in 2011?
According to AAA, average gas prices nationally topped $3 a gallon late last week, up 16 percent from $2.58 a year ago. In 2008, a gallon averaged just $1.60. The average price for a gallon of regular gasoline has jumped more than 30 cents since Labor Day!

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