There is a whole lot of fleet fuel and gas in the market place. This will make fuel planning a little easier. Based on the DOE update, crude stocks are now some 38 million bbls, or 11%, above year-ago levels and are “above the upper boundary of the average range for this time of year,” according to DOE. With your fuel management program this is a good thing as long as you know what you’re looking for.

The gas draw was slightly larger than expected and left stocks 12.6 million bbls above last year’s level and 9.2 million bbls above the five-year average. Gas demand numbers were uninspiring, dropping 100,000 bpd. Just before the release of the DOE data, a warning about upcoming gasoline consumption came from the American Automobile Association (a client of ours) which predicted that there could be a 13% drop in Labor Day weekend driving this year. Based on a four-week average, gasoline demand is off .3% from last year. Where are most people going to go? This economy still does have people doing back flips so instead they will stay home and invite neighbors over and flip burgers and hot dogs.

Breaking down the distillate data, low sulphur diesel was .600 million bbls lower, heating oil increased 1.1 million bbls while ultra low sulphur stocks increased .300 million bbls. This is good news for your fuel management program. We know that when we usually have too much of something we sell it for a lower price. Here is to fleet fuel prices coming down, as this fuel consultant believes they will. Total distillate stocks are now 30.3 million bbls above last year’s level for this time of year and 30.6 million bbls above the five-year average. Distillate demand fell slightly and on a four-week average is down 7.9% from last year.

The fleet fuel business is always exciting. Most of the world does not have the time or resources to really get a full take of it. Let your fuel management team at Sokolis Group help you get your fuel planning, fuel program in the right direction with our staff of fuel experts & fuel consultants.

Is Your Fuel Program solid? How is Your Fuel Planning?

Today’s latest and greatest on fleet fuel came out. Would you believe if I told you:

• Oil prices fell to below $70 a barrel Wednesday following a Department of Energy report that showed crude supplies rose last week, Bloomberg reported.
• Crude futures fell $1.49 to $69.93 a barrel on the New York Mercantile Exchange. Prices had dipped 16 cents Tuesday after earlier topping $72, Bloomberg said.
• DOE reported Wednesday that crude inventories gained 1.7 million barrels last week, well over the 600,000 barrels forecast by analysts at Bloomberg.
• Gasoline stockpiles fell by 200,000 barrels and distillates, which include diesel fuel, fell by 1.1 million barrels for the week ended Saturday, DOE said in its weekly report.
• Oil prices are up 60% this year although prices have fallen by more than half since the $145.29 record Nymex closing price set in July 2008.

Fuel Management, Fuel Consulting, Fuel Programs who needs that stuff when you have a market where gas and diesel prices are so easy to predict that your fleet management company can do it on it’s head.

People, these crazy things going on with your fleet fuel program are real. Fuel prices are just should I say it, stupid right now. At what point does the market go back to looking at fundenmentals to determine its fleet fuel pricing.

We sure hope it’s soon. Fuel management and fuel planning are taking on a whole new meaning. How can you make serious judgements when the fuel game is always changing.

One way only. Fuel Consulting company, fuel management company, fuel planning or Sokolis Group willget your fleet fuel program on track and stay the course. Ok, I know it was more than one way. All arrows point toward Sokolis Group.

If you want to save money or your fleet fuel cost, contact Sokolis Group, 267-482-6155, http://www.sokolisgroup.com/. We take the guess work out of fuel management and put the fleet fuel saving back in your company’s pocket.

Fuel Consulting maybe, Fuel Management you’d better.

Have you watched the cost of crude oil, gas and diesel fuel go for a crazy ride like a roller coaster over the past few weeks?

You haven’t been paying much attention? Then you’re probably paying too much for your fleet fuel. If you don’t know what is going on with your fleet fuel program and the fuel cost associated with it, how can your fuel management program be effective? Is it time to call in a fuel consulting company? Let’s look at the fleet fuel cost for crude over the last 2 weeks.

July 13th $59.60 fleet fuel cost, crude oil
July 17th $63.56 fleet fuel cost, crude oil gained 6.6% in price in 4 days
July 21st $64.81 fleet fuel cost, is your fleet management feeling squeezed?
July 24th $66.96 fleet fuel cost, crude oil gained 5.3% in price in 5 days
July 27th $68.34 fleet fuel cost, your fleet fuel cost or cost to fill up your car might not feel it yet….
Aug. 3rd $71.68 fleet fuel cost, mid day, ok day is not over so it can go higher or lower.
What are you betting on?

In 3 weeks time, your fleet fuel cost for crude oil has gone up 20.2%. Are you worried? Is your fleet fuel program up for the challenge? Why is this happening? Now, that is a great fuel management question. Why?

We have plenty of fuel supply. Record high crude oil supply, gas and diesel fuel you can swim in and an economy that is still broken, isn’t it?

Sokolis Group thinks it’s great for companies to report profits for their business but does it mean the economy is getting better or not?

This recent push in fuel costs is putting the cart before the horse in our view. You need to have economic demand for fleet fuel before the price raises. The price should not rise because, because, because. There are many reasons to think the economy should go in the right direction since we are sitting on a lot of fuel inventory that will only grow.

Does your fleet fuel program allow you to know how well you are buying fuel? Are you getting fuel discounts, fuel rebates on your fleet fueling card? Do you even use the right fleet fueling card?

How well is your fuel management system run? Does your fleet management company or internal business section manage fleet fuel costs for you?

If you are not sure how your fleet fuel is being handled or what fuel management even is, it’s time to make the leap of faith and call Sokolis Group.

Our fleet fuel program clients of all sizes will tell you, we are one of the best things they have done to save real diesel fuel dollars. Let our staff of fuel experts help. Sokolis Group can provide fuel consulting for your company as well as a comprehensive fuel management program.

At the end of the day you will look like a winner and your company will be saving money.

Bottom line, we are in the worst economic slump since the Great Depression.

No time better than now to improve your fleet fuel program, and fleet fuel costs by having a fuel management and fuel consulting company on your side.

Contact: Sokolis Group at 267-482-6160 or www.SokolisGroup.com for all of your fuel management and fuel consulting needs. Helping your company with its fleet fuel program.