Due To The Rising Cost Of Diesel Fuel, Effective Fleet Management Is Essential

The DOE warned us last week that diesel fuel costs would rise. If company don't have fuel management practices in place, your fleet's operating costs will rise along with the rising cost of fleet fuel. Is there a plan in place for your employees or fleet manager? They ought should.

Your oil pals and mine, OPEC, raised the 2011 oil demand projection just a few days after the Department of Energy predicted that diesel fuel prices would rise. The Organization of the Petroleum Exporting Countries (OPEC) had predicted that growth would be moderate and that oil prices should be around $70-$80 per barrel (which translates to diesel fuel costs of roughly $2.95 per gallon).

Oil exporting countries aren't so much concerned with common sense as they are with maximising profits. They now argue that the price per barrel in the $90's (diesel fuel prices $3.30 a gallon) will not harm the revival of the world's economic system. These guys probably do not own fleet firms. This is my best guess Will diesel fuel at $3.30 a gallon have a negative impact on the economy? I'm at a loss. We weren't doing well because fleet fueling has been below $3.00 per gallon, so I doubt that adding 30 cents or more per gallon will make things any better.

To keep your fuelling program under control, your fuel senior management must move quickly. Some fleet companies may have been complacent with their fleet management strategies while the price of gasoline was as high as $5.00 a gallon.

When it comes to fuel management, what more can you do to aid your company's bottom line as diesel costs continue to rise? I'd contact my fuel providers https://www.falcontrackers.com/services/fleet-management to inquire about pricing. You should go over your service charge program with your employees and fleet management.