Ask the Fuel Expert is a monthly column of practical advice to business for lowering fuel costs and managing fuel intelligently.
Fuel Prices
A couple of months ago we talked about the fluctuating world price of oil and how it effects prices at the pump. In that column we talked mostly about supply and demand and mentioned how oil is traded as a commodity. Well there is a lot more to that story, a whole lot more.
CBS-TV’s
How’s business? Most of us have seen cut backs in the last few months, but today I have some good news for you. Better fuel management will make you money. And you don’t have to look very far. Extra cash is right there on your company’s spreadsheet masquerading as an expense.
Fuel prices
How do you measure profit in your business? Do you calculate profit by analyzing every expense or do you just look at the bottom line? Both approaches are very important, particularly in the current economy where we are all trying to micro-manage each expense for the best possible return./p
Every time the price of oil drops, I get asked why the price at the pump stays high. With twelve years in the fuel business, it seems I’m always being asked “aren’t the two linked?”
The short answer is yes they are definitely linked, but as you guessed there is a longer answer. When oil
Remember the good old days…about a year and a half ago? Prices at the pumps were hovering below one dollar per litre and they stayed the same for weeks. Well the good old days are gone forever and today we live in a world where fuel prices seem to go up by the hour. Now pundits speculate on
Contact Bill Bishop
1-604-513-0386
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