Gas Dropping, Diesel on the Rise

Nov 07, 2011
In what may be good news for some fleets and inconvenient for others, gasoline prices are expected to fall in the next several weeks. However, the price of diesel is rapidly rising due to a constricted supply.

Retail gasoline is already dropping in price due to lower demand. But experts expect diesel prices to rise, as supplies for ultra-low sulphur diesel have shrunk. Wholesale diesel prices are rising rapidly and those fleets will likely see higher prices very soon.

If your fleet is using diesel, make sure to take a look at your fuel management practices to be ready for this bump in prices and the associated financial burden. For more information on our fleet fuel management solutions designed to make managing your fuel easy, visit our homepage at www.FleetCardsUSA.com.

Photo courtesy of Jeff Turner and re-used under the Creative Commons license.