Diesel fuel costs are going higher since the DOE told us last week. As swift fueling costs increase if you do not have fuel management systems set up, your fleet businesses operations price increases also. A couple of days following the DOE said petrol fuel costs were moving higher, your petroleum mine and friends, OPEC increased the 2011 oil demand prediction. Only a month before OPEC had said expansion could be slow and the $70-$80 a barrel for oil makes gas costs around $2.95 per gallon could be the ideal price for manufacturers and consumers. Let us fast forward than 1 month and possibly this is sometimes considered bandwagon jumping but OPEC currently says the market is growing much quickly than they believed. Common sense would say no more difficulty. They will create more oil to maintain your fleet fueling costs around $2.95 per gallon.
Well the Organization of Petroleum Exporting Countries does not think common sense as far as they believe with how much cash they could create. They now state the purchase price of a barrel at the 90’s diesel gas costs $3.30 per gallon will not hurt the global market recovery. My guess is that these guys do not have any fleet businesses. Will $3.30 diesel fuel costs hurt the economy? I really do not understand. As we have been under $3.00 a gallon for fleet fueling we have not been performing well, so that I am not certain by incorporating 30 and pennies a gallon will probably make life simpler. This is where you as a CFO, Director, Fleet Manager must really put the screws into your fleet administration.
It should be new within our heads when petrol fuel costs hit nearly $5.00 a gallon and that I do not believe we are moving anywhere near that large but that is not in anybody who is reading this content controller. Your fuel management staff has to be proactive today to achieve controls in your own fueling program. I am certain that because it was $5.00 a gallon, some if not all of fleet businesses got a bit complacent with its fleet management applications and search for fleet market. These are only a couple of many gas savings applications that you put in position two 1/2 decades back. As a fuel management firm, I strongly advise that you be sure these and other fleet management alternatives that you set in place are set up or in the event that you never found the opportunity to do it two 1/2 decades back do it today. I had spoken to my gas firms about pricing. You need to review with your employees and fleet managers in your own fuel surcharge program.