Why should stability be a precursor to instability?
A recent article in the Washington Post referred to the economist, Hyman Minsky, who explained, “Financial stability is destabilizing. The longer markets are calm, the more people plan on them staying that way. People take bigger risks and take on bigger debt because it doesn’t seem like anything can go wrong — until it does, and all this leverage turns small losses into big ones due to forced selling from margin calls.” Continue reading Are The Fuel Markets Stable?
I’m a diesel fuel price geek, what can I say. I make my living understanding this stuff. As I was preparing to write my annual projections on diesel fuel prices, I started to wonder, is there any trend that no one is talking about? The Energy Information Administration (EIA) projected 2014 to be $3.77 a gallon, but that was only a month after they predicted diesel fuel would be $3.73 a gallon. My guess, they will probably be wrong on both.
Continue reading Which Way Will Diesel Fuel Go! Probably Several Ways!
How important are accurate odometer mileage readings? Many consider accurate odometer readings to be one of the most important parts of effective fuel management. Accurate mileage gives a fleet manager a much clearer picture for many important aspects of his or her fleet including vehicle repair and replacement, diesel fuel consumption and fuel economy. If a fleet manager has access to accurate mileage he can make critical decisions for the fleet.
Continue reading Importance of Accurate Odometer Readings
Are you thinking on getting a new car or truck for your company or yet even personal car? What type of vehicle do you get that won’t break your wallet with gas? Or do you keep your old vehicle and add gadgets to help save on fuel. There is so much out there to look at and yet they have more gadgets available now for your vehicles to help save on fuel.
Continue reading Fuel Savings Gadgets Work?
Diesel fuel prices rose for a seventh straight week, jumping 7.4 cents to $3.407 a gallon according the Department of Energy (DOE). The last time fleet companies paid this much for fleet fueling was
Continue reading Lucky 7, I Would Say Not For Diesel Fuel Prices
Diesel Fuel Prices Will Raise, Use Fuel Management System Too Keep Fleet Fueling Control
Continue reading Fuel Management Will Help Your Fleet Management In 2011
At Sokolis Group, when we make initial contact with a potential client, through our research or a referral, we feel that we can be of assistance to them with their fleet fuel management program, therefore reducing diesel fuel cost. By gathering further operational information from a potential client we can make a pretty good assumption, through our experience, whether or not our fuel management service would be of value to them.
Continue reading Too Good to Be True?
In fleet fueling there are many ways your employees can steal fuel from you. Most companies truly believe, it can’t happen to me. There theory is we have someone that spot checks that information sometimes. Our drivers make good money they would never risk losing their jobs. Why would anyone want to steal from us, we take care of our employees. When it comes to fleet fuel the fuel is liquid cash when it comes to stealing. Everyone would like to believe they know their employees well enough to think that person won’t steal but it happens.
Continue reading Fleet Fuel Fraud Can’t Happen To You? Are You Sure About That?
The U.S. Environmental Protection Agency (EPA) revised its vehicle testing procedures in 2006 to help better reflect how people really drive in current conditions. The way you drive any vehicle affects how much fleet fuel you use, if you didn’t know. These new testing methods – whose results took effect with the 2008 model year – include factors such as high speeds, quick accelerations, air conditioning use and driving in cold temperatures. All of these items done incorrectly will cause your fuel management program havoc.
Continue reading Are You Fueling Good Today?