What You Should Know About Diesel Hedging and Swaps

Posted by PS Energy Group on May 17, 2016 10:00:00 AM

The price of fuel is constantly fluctuating. It can spend weeks in a steady decline, followed by an overnight upswing. So, say you own a fleet of trucks, construction equipment, or other vehicles that rely on large, regular amounts of diesel fuel in order to do business. A sudden, unexpected surge in diesel prices can cut into your bottom line and harm your business. So how can you keep your fuel costs steady and manageable over time? Use a method called diesel hedging.

Read More

Tags: Fuel Management

Common Myths About Fuel Efficiency

Posted by PS Energy Group on May 3, 2016 10:48:00 AM

When it comes to fuel economy, most people are well aware of the tried-and-true methods that help save money on gas. “Don’t crank the AC,” and “Ease the pedal to the metal” are two of the more obvious ones that come to mind.

What about this one: Coasting down a hill in neutral helps conserve gas.

Not only is this illegal and dangerous, it is false and there are studies that prove that engines in neutral actually do use gas. But believe it or not, this is a fuel economy myth that many people mistakenly think is true.

Read More

Tags: Fuel Management

Fossil Fuels

Posted by PS Energy Group on Apr 21, 2016 9:00:00 AM

They are the world’s primary energy source. They are non-renewable and can’t be replenished in a short period of time. Burning them causes air pollution, which contributes to acid rain, smog and global warming.

Read More

Tags: Fuel Management

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:

Read More

Tags: Fuel Management

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.

Read More

Tags: Fuel Management

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.
Read More

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.
Read More

Tags: Fuel Management

SUBSCRIBE TO OUR BLOG

FOLLOW US

Download Brochure

psenergy_brochure

Learn how our expertise in fuel delivery, emergency fueling and fuel management keeps businesses running at peak capacity.

Download Now

LATEST POSTS: