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 fuel from parked trucks there are various ways fleet fuel theft can occur. Thankfully there are ways to catch some of this fuel theft.
The Department of Energy announced Monday that diesel fuel prices fell 4.1 cents for the week. This is the fourth straight week that diesel fuel has fallen from its highs a few weeks ago. This will provide a lot of fleet management some relief from the climb of diesel fuel from the beginning of the year.
It wasn’t that long ago that a fleet manager didn’t have to worry about something called diesel exhaust fluids(DEF). Of course with the ever-changing world of fleet management it’s now impossible for anyone in the trucking business who owns a new vehicle impossible to ignore. (Good Blog on DEF).
The Department of Energy (DOE) reported that diesel fuel prices fell this week by 4.1 cents per gallon will certainly help some company’s fleet management budgets.
Diesel fuel prices fell 4.2 cents to $4.088 per gallon as reported by the Department of Energy (DOE). It looks like after several weeks of diesel fuel climbing it has now taken a turn for the good for the transportation world.
February retail diesel fuel prices and gas prices jumped 10.6% and 5.2%, averaging $4.111 per gallon and $3.670 per gallon, respectively. Much of this price jump can be attributed to major refinery maintenance and the switch over to more expensive summer blends. Since then, WTI and Brent have dropped to $90.33 per barrel and $110.76 per barrel, respectively. Regular gas prices declined 2.5 cents from a week earlier to $3.759 per gallon, the first drop in EIA gasoline prices in 11 weeks.
Well here we are March 6, 2013 and the National Department of Energy diesel fuel prices are $4.130, slightly less than last week by 2.9 cents is this making you change your fuel management? It should be making you look and exploring as many ideas as your company hastime to. Diesel fuel prices are always going to play an extremely important part to your company’s success or failure.
The good new diesel fuel prices fell 2.9 cents this week on a national average according to the Department of Energy. (DOE). The bad news of course is diesel fuel prices still remain much higher than seven weeks ago, now at $4.130 per gallon.
Could your diesel fuel prices be wrong, like the alcohol content in a major beer company. I not only think so, I know so. Well, let’s be clear on this. There is a class action lawsuit against Budweiser, “The King of Beer.” They still might be the king but not like they used to be.