News
May Fuel Update: Prices Spike Again Across the Nation
Fuel prices have risen in all 50 states, with the average increasing by almost 39 cents.
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SEARCHMENUSEARCHFuel prices have risen in all 50 states, with the average increasing by almost 39 cents.
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GM’s Diane Bloch, GM aerodynamic performance engineer, said her team looked at how various aftermarket products affect vehicle dynamics in a pickup truck.
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The International Energy Agency (IEA) has released its annual Medium-Term Oil Market Report (MTOMR). It notes the primary new sources of oil in the U.S. are light tight oil (LTO, oil from shale or tight sandstone formations) and oil sands in Canada.
Read More →Despite a recent streak of falling gasoline prices, and predictions of future lower prices, they’re on the way up again, with the average price of a gallon of regular unleaded gasoline hitting $3.58 on Monday, May 13.
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Fleets are seeing significant savings by focusing on improving the fuel economy of existing vehicles and acquiring newer, more fuel-efficient models.
Read More →If you are constrained by equipment limitations, the “last mile” to achieving corporate sustainability objectives is modifying driver behavior. This is possibly the greatest opportunity available to fleet managers in greening their fleets.
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Smart fuel decisions can result in significant savings for your fleet. However, when you analyze fuel purchases, drivers could have found a lower price 54% of the time.
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WEX stated the national retail price for a gallon of gasoline started the month at $3.55 per gallon, which is down close to 10 cents per gallon from where the price started in April.
Read More →The U.S. Energy Information Administration said declining gasoline tax revenues, which pay for roads and infrastructure, are leading government entities to use variable rate taxes and other methods of calculating excise taxes for fuel purchases.
Read More →The Spencer family, whose fortune was originally built on the Caxton paper empire, has sold its CardLink Systems fuel card programme to FleetCor Technologies for an undisclosed sum.
Read More →Donlen announced an emergency fuel program designed to assist customers who provide life supportive services to people and communities.
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