Buying fuel in bulk isn’t always the most cost-effective option.
For emergency, first responder and utility
Other options like retail fuel cards or mobile fuel are important to consider, which is why we recommend working with a fuel provider to determine the best option for your fleet operations.
If you are considering bulk fuel, here’s what you need to know.
Fuel Contracts and Considerations Before You Sign on the Dotted Line
The oil markets are one of the most volatile market sectors. Having a contract or plan protects you from market volatility—spikes and dips—as you and your provider have agreed on a set price. As prices fluctuate day to day, your price remains the same, which makes managing your fuel budget an easier and more simplified process, while also guaranteeing you the fuel supply you need.
As you work on the contract with your fuel provider, there are a few best practices to keep in mind.
The key is to not exceed this set amount of fuel to avoid costly fees, which could wipe out the entire savings from buying in bulk.
Negotiating a bulk fuel contract can be a big step forward for your fleet. But don’t forget to do the research and find a quality fuel provider that will make sure you’re heading in the right direction.
Not all needs are the same, and our best advice is to get customized recommendations. You’ve got enough on your plate already – don’t fool around with fuel. Find a fuel provider that meets your needs.