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Fuel Prices

Fleets Find Savings in Fuel Price Fluctuations

A drop in fuel prices beginning in July 2014 allowed some fleets to save money on fuel costs. Whether locking in lower prices or putting money back into the general fund, fleets were relieved about the short-term savings.

What's Behind the Lowest Diesel Prices in Years?

Since the summer, the price of oil has plummeted 50 percent, hitting its lowest level in more than five years about a week before Christmas. Diesel has fallen from a yearly high of $4.021 in March to $3.419 in mid-December.

Wright Express Launches Fuel Site Locator Mobile App

SOUTH PORTLAND, ME - Wright Express Corporation's "Octane" is free mobile app that includes the industry's first fuel site locator with up-to-date transaction-based fuel prices and text-to-speech capabilities.

Alternative Strategies to Reduce Fuel Costs

A quarter of fleets surveyed report a fuel budget increase of more than 25 percent in the past five years. In addition to more traditional cost-reduction strategies, fleet managers discuss new methods they’re using to reduce fuel expenses.

Jacksonville Facing $3M Fuel Cost Increase

JACKSONVILLE, FL - The City of Jacksonville is facing a major increase in fuel costs in 2011, with half of the fleet management division's budget going to pay for fuel.