The Price of Fuel vs. The Cost of Fueling

Fuel costs are always top of mind for fleet management professionals, especially now as fuel costs continue to rise. This is rooted in the dual reality that (a) fuel prices are volatile—even if they are low, we know they can’t stay low forever; and (b) the “price of fuel” is not the same as the “cost of fueling” in any case—total fuel costs extend far beyond the per-gallon price, and that is what must be managed. With the help of today’s technologies, each step forward can help make managing the cost of fueling more predictable.