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Bob Adamsky on Fuel Volatility: "Don't Panic, Have a Plan."
When it comes to up and down fuel prices, Adamsky has a message for fleets: “Don’t panic.”
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SEARCHMENUSEARCHWhen it comes to up and down fuel prices, Adamsky has a message for fleets: “Don’t panic.”
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WASHINGTON, D.C. --- Motor gasoline consumption in 2008 is projected to decline 320,000 barrels per day (bbl/d), or 3.4 percent, from 2007, according to the Short-Term Energy Outlook, released Dec. 9 by the Energy Information Administration (EIA).
Read More →WASHINGTON, D.C. --- Americans drove more than 100 billion fewer miles between November 2007 and October 2008 than the same period a year earlier, making it the largest continuous decline in American driving in history.
Read More →WASHINGTON, D.C. --- The national average price of regular gasoline dropped 11.2 cents to $1.699 per gallon, $1.301 below the price a year ago and the lowest price since Feb. 23, 2004, according to the Energy Information Administration's weekly report issued Dec. 10.
Read More →NEW YORK --- The national average price for self-serve, regular unleaded gas, weighted by state, was $1.7526 a gallon on Dec. 5, the lowest price since March 2004 when it was $1.7382, Reuters reported.
Read More →NEW YORK --- Oil prices rebounded from four-year lows and rose above $43 a barrel Monday as OPEC floated the option of a "severe" production cut and several countries announced new plans to stimulate their economies.
Read More →WASHINGTON, D.C. --- The U.S. average diesel price slipped 4.9 cents last week to $2.615 per gallon, 80.1 cents below the price a year ago and the lowest since Feb. 26, 2007, according to a Dec. 3 report from the Energy Information Administration (EIA).
Read More →NEW YORK --- Chevron Corp. said Tuesday, Dec. 2, that it might sell off some refineries, as global recession curbs demand for gasoline and diesel and squeezes fuel-production margins, Bloomberg News reported.
Read More →ATLANTA --- With wildly fluctuating gas prices and an unstable economy, the temptation for thieves to steal or take advantage of company fuel cards is at an all-time high, according to industry expert FleetCards USA.
Read More →WASHINGTON, D.C. --- For the first time since Jan. 31, 2005, the average price of regular gasoline slipped below $2 a gallon in all major regions of the country, the Energy Information Administration (EIA) reported Dec. 3.
Read More →NEW YORK --- Crude oil fell below $50 a barrel today after the Organization of Petroleum Exporting Countries postponed a decision to reduce output until its next meeting on Dec. 17, Bloomberg reported today.
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