Diesel fuel theft is an issue that affects all fleet managers. As diesel fuel prices rise fuel theft rises as well and this problem seems to be happening around the world. From drivers using skimming methods to third-party thieves siphoning … Continue reading →
The Energy Information Administration (EIA) predicts lower national diesel fuel prices in 2013 by 10 cents lower than 2012, when it was $3.97. It also predicts that diesel fuel costs will be 9 cents lower in 2014 than 2013. This means … Continue reading →
Fleet managers can be certain of one thing: fuel price volatility. Fuel prices have been on a roller coaster that continues to climb with increasing volatility into the foreseeable future. As a recent example, fuel prices rose 21.3 cents per … Continue reading →
Using wrong fuel card- Fleet fuel cards are designed obviously for fleets. If your fleet manager is using a credit card, direct bill, or some other form of payment, they could be forfeiting savings. Delegation- Fleet managers wear a lot … Continue reading →
Oil prices fell yesterday as the U.S. Department of Energy reported an increase in crude inventories and a drop in gasoline and distillates for the week ending November 9th. Following the week of Hurricane Sandy, the report reflected crude inventories … Continue reading →
With all of the people who we talk to, they believe that gas prices will (click here for them to see the rest of the article)continue to move downward into the New Year. Most people still believe that gas prices … Continue reading →
Several experts are bullish on diesel fuel prices going higher. Yes, higher diesel fuel prices according to the people who track and analyze the diesel fuel market daily. I will say this that both Elaine Levin from Morgan Stanley and … Continue reading →
Iran’s situation will make for an interesting few months for the oil industry. Iran is currently enveloped in a food shortage. It can no longer import the necessary food to nourish its population due to the new economic sanctions on … Continue reading →
It’s the beginning of February and its 68 degrees in the Philadelphia, PA part of the country. To say we have had a mild winter so far would be a big understatement. Crude inventories are up, gas inventories are up, … Continue reading →
Just like that, the first month of the year is gone. It’s been a wacky winter; the most mild I can ever remember. I think a lot of that has to do with why fuel has been so wacky. Supply … Continue reading →