Fight High Fuel Prices with Fundamentals & SmartWay

The recent run-up in fuel prices for gasoline and diesel has commercial truck fleet managers and operators once again re-evaluating their fuel strategies and options. Last week, the Department of Energy reported diesel rose 5.3 cents to $4.157 a gallon — its fifth straight increase. This is highest price for diesel in about four-and-a-half years. Gasoline also rose significantly with nine consecutive increases and it has reached a high unseen since last October at $3.747. In periods like this it’s a good idea to focus on fundamentals when you are operating a fleet of trucks or even just one truck. [Read more...]

The Price at the Pump

Industry analysts expect diesel prices to increase in the next six months and remain volatile throughout 2012 and into 2013. They also expect to see a wide range of prices throughout the U.S., driven primarily by demand within the U.S. and abroad.

Industry experts have revealed that the U.S. economy is recovering, so there is more demand for fuel—both gasoline and diesel. Other countries are recovering as well and they are using diesel. [Read more...]