8 Tips for Fleet Managers to Save on Fuel Costs

Posted by PS Energy Group on Apr 14, 2016 10:00:00 AM

Fuel costs are generally a fleet’s largest expense, as much as 60% of total operating costs.  This amount of expense makes it necessary to take steps to reduce fuel costs.  It is not just good for your bottom line, it is also good for the environment, as increased fuel efficiency also helps reduce carbon emissions.

To curb fuel use and reduce fuel costs, there are all kinds of options to consider:

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Tags: Fuel Management

Happy 30th Anniversary PS Energy!

Posted by PS Energy Group on Apr 7, 2016 8:33:09 AM

PS Energy is excited to be celebrating 30 years in business.   It has been an amazing journey.  Let's take a look at where we have been and where we are today!

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Tags: PS Energy News

30 Years of Change in the Fuel Industry

Posted by PS Energy Group on Mar 31, 2016 9:00:00 AM

This year marks our 30th Anniversary and no doubt the industry has undergone quite a transformation since our founding. We have seen a lot of changes over the past thirty years—changes due to new technologies, government regulations, geopolitical events, economic conditions and yes, Mother Nature. Let’s journey back to the decade of our founding—the eighties—and take a brief look at some of the more significant events that have impacted our industry.

  • 1986—Pay-at-the-pump is introduced by E-Z Serve in Abilene, Texas with dispensers featuring a built-in credit/debit card reader system.
  • 1988—Underground storage tank (UST) regulations are passed requiring operators to upgrade their storage tank systems with spill-prevention and leak-detection equipment within a decade, forcing tens of thousands of stations to close due to the high cost of upgrading.
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Tags: PS Energy News

How Mobile Fueling Can Improve Your Bottom Line

Posted by PS Energy Group on Mar 24, 2016 9:00:00 AM

Imagine this scenario:

You arrive at your worksite to find all your vehicles fueled and job ready before your drivers have arrived for the day. Even better—you have a report in your inbox detailing the number of gallons fueled, the type of fuel dispensed and the odometer reading for each vehicle. Now you notice in the report, a .08 savings per gallon over the price at the pump.

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Tags: Fuel Management

The Importance of Attending an Industry Conference

Posted by PS Energy Group on Mar 17, 2016 9:00:00 AM

When you receive an email or a card in the mail announcing an industry conference or seminar, you are probably more inclined to hit the delete button.  Not all emails will make you sit up and take notice.

There are so many conferences it sometimes seems that there is a conference just to have a conference about an upcoming conference.

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Tags: Emergency Fueling

Why Having a Business Continuity Plan Before a Disaster is Important

Posted by PS Energy Group on Mar 10, 2016 10:00:00 AM

Hurricanes and other disasters can be devastating to business operations.  According to the Federal Emergency Management Agency (FEMA) forty percent of businesses do not open after a disaster and another twenty-five percent fail within one year. Pretty alarming statistics.

In fleet operations a disaster such as a hurricane can bring your fleet operations to a grinding halt, destroy property and ruin your reputation. If you think insurance will completely cover the lost revenue and expenses needed to repair the destruction caused by Mother Nature’s handiwork—think again.

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Tags: Emergency Fueling

The Importance of a Crisis Communications Plan During a Hurricane or Other Disaster

Posted by PS Energy Group on Mar 3, 2016 11:53:08 AM

When a hurricane or disaster strikes, it can create multiple operational challenges. Confusion is rampant and the need to move quickly to contain the mayhem is “job-one,” as both your business and reputation are at stake.

The best defense against disaster is a good offense. When it comes to your fleet operations, taking action and going on the offensive by developing a crisis communications plan should be a top priority.

Why do you need a crisis communications plan? What key elements should be included? For an overview of the basics to help you get started—specifically, audience and messaging—read on.

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Tags: Emergency Fueling

Energy Sector Q4 Performance Report

Posted by PS Energy Group on Feb 25, 2016 8:00:00 AM

Repeating its lackluster performance of Q3, the energy sector was the worst performing sector of Q4 with a composite of energy commodities falling just above 15%. Prices were affected by supply and demand. An excess supply and decreasing demand in Q4 crude oil, oil products and natural gas prices spiraled downward to over a 25% drop by year-end 2015. This represented more than a 50% price drop over the past two years.

Crude Oil

The most volatile commodity for the last two years, crude oil continued its downward slide from Q3 with NYMEX light sweet crude falling 17.85% in Q4 with increasing supplies a concern.

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Tags: Industry News & Reports

Find Out About Alternative "Green" Fuel Options

Posted by PS Energy Group on Feb 18, 2016 9:00:00 AM
With budgets constantly under pressure and fighting for every penny, fleet managers must look for areas to stretch dollars, target savings and turn what could be considered a negative into a golden opportunity.

Here’s some fuel for thought: With a fleet’s biggest expense being typically fuel, consider breaking away from gasoline and diesel and adapting an alternative fuel solution for your fleet. Alternative fuels can help maximize fuel efficiency, lower fuel costs, reduce pollutant emissions, bump-up your bottom line and yes, stretch those budget dollars.
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Tags: Fuel Management

How Supplier Diversity Can Grow Value of Your Business

Posted by PS Energy Group on Feb 4, 2016 10:00:00 AM
If you are looking for a tip on how to grow the value of your business and gain a competitive edge, one that the executives in the C-suite at Georgia Power, Ryder, Duke Energy, Southern Company, Frito-Lay, Microsoft or Delta Air Lines might pass along is:

Take a closer look at a supplier diversity program and commit to making it a core part of your business strategy. In order to ensure your program is successful, get your executive team on board.
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Tags: Fuel Management