Latest Fuel News

Fuel cards that help fleet companies increase clientele even during bleak times

Jul 30th, 2009

As the number of cars on the road increases day by day, the consumption of fuel rises ever higher and as the price of fuels such as petrol and diesel rises, it becomes harder to save money on fuel expenses. This may have little effect on individual car and vehicle ownership, but when it comes to managing fleets it is a different story altogether.

Fleets consume a huge amount of petrol and diesel day in and day out. These fleets travel great distances to make deliveries. Because of this, fleet companies have to bear the rising fuel costs. Due to the economic downturn and recession there is heavy competition within this sector and due to the competitive pricing, it is becoming very tough with the effects of high costs of fuel and low delivery charges. If a fleet decides to increase their prices for delivery, it is sure to lose clients to their competitors. With fuel cards they can often get cheaper diesel and petrol as the prices are fixed, no matter where you fill up. These fuel cards allow fleet companies to maintain the price of their services.

Through the use of fuel cards, one can often save small amounts of money. It might be a small amount for one vehicle each day, but when it comes to 30 or 40 massive trucks, these fleets end up saving a huge amount.

Battling the recession by using fuel cards

Jul 27th, 2009

At a time when the recession is hitting hard, people are trying hard to cut back on spending and save money for tough days ahead. But how do you do that when the cost of everything, including daily necessities keeps rising?

It has become increasingly tough for people these days, with fewer jobs available and fears of companies downsizing their staff. This means letting go or firing a lot of people in companies that are not doing so well, which is leaving a big dent in the economy as unemployment levels rise.

People and businesses are suffering and due to higher fuel costs the price of transportation has increased. This means an increase in the price of necessities such as food and clothing. Added to this, the cost of maintaining a vehicle has increased.

The use of fuel cards can be of great help as businesses can plan their fuel expenditure and frequently save money as well. Fuel cards stabilise the costs of petrol and diesel. This helps a lot. Fuel cards have become a great way for businesses to keep track of expenditure and plan accordingly, allowing them to keep the costs of their products down also.

How to choose a good fuel card

Jul 24th, 2009

Due to the rising cost of diesel, a lot of car owners are finding it difficult to pay for the fuel with ease. In a situation like this, diesel cards can help the user to save a considerable amount of money. Saving money on every diesel purchase will also help you fine tune your monthly budget in an accommodating manner. But it is difficult to know which diesel card you should you buy.

There are a range of diesel cards available on the market. One of the best ways to search for them is to look for them on the internet. Here, you can find a lot of information about the various types of benefits that you can gain by the use of their diesel cards.

Whenever you come across a site which is offering you a diesel card with a discount that seems lucrative, it is advisable not to register immediately. It is quite important that you go through all the terms and conditions that are put forth by the fuel card company on their site. It would also make a lot of sense to consult your local fuel dealers to check if they accept the particular kind of fuel card at their fuelling station.

Fuel cards bought from a reputable company will have a lot of benefits. They will also work at a lot more diesel pumps and provide you with the best discounts that fuel cards have to offer.

A fuel card can help you manage your fleet of vehicles efficiently

Jul 23rd, 2009

Due to the rising cost of fuel, fleet managers are always looking at ways in which they could make their fleet of vehicles a lot more fuel efficient. Fuel cards can play a very important role in bringing transparency to the fuel transactions within a fleet. Fuel cards, in short can make the job of a fleet manager quite easy with all the benefits that they can provide.

Fuel cards bring with them a range of savings. By using a fuel card from a reputable service provider, you will be able to exploit various schemes offered by them. All these schemes are made keeping in mind the fuel requirements of a fleet business and are bound to benefit you in more ways than one. With the help of a fuel card, you will also be able to keep a track of the amount of fuel consumed by each individual vehicle on a weekly or monthly basis. Such efficient reporting will eliminate any possible discrepancies and will help to make the fuel expenditure of your fleet, efficient.

Fuel card companies provide comprehensive billing for the entire fleet. Hence, you will not have to keep a record of individual fuel receipts.

Thus, by opting for fuel cards for your fleet of vehicles, you can make your job of managing the fuel expenditure of the fleet, much easier.

The soaring prices of crude oil is hurting peoples wallets

Jul 22nd, 2009

Fuel price is a topic that will always be mentioned in the news with the price of crude oil sky rocketing. This came to ahead and was the subject of the US inventories report from the Energy Information Administration.

While the crude oil inventories are now expected to decline by a little more than two million barrels. This means that the US government can no longer afford to keep the prices of petrol and diesel down anymore. There is a constant battle amongst countries to keep the prices of fuel regulated. But as a result of this the stock piles of fuel in these countries are falling. The price of crude oil has reported to have gone up by 88 cents to $64.86 per barrel in the session of the New York Mercantile Exchange. While Brent crude had gone up 96 cents higher to $67.40 per barrel.

With fuel prices sky rocketing, it is becoming very difficult for people to afford to fill up their vehicles. This is a big concern when it comes to large fleets and the transport industry. Using fuel cards such as the petrol card and diesel card, people could save a small fortune.

Why companies with large fleet of vehicles should use fuel cards

Jul 21st, 2009

Keeping track of fuel consumption of a single vehicle can be a tough job by itself. So you can only imagine how much harder it will be to keep track of the fuel consumption of a large fleet of vehicles. Companies that have many vehicles to help them carry out their businesses often find that they cannot manage their fuel accounts. This is mainly because these company managers provide their employees with money to keep refilling vehicles and often they have no real clue on how much of the money is spent on fuel.

There is really only one suitable way to deal with this problem and it is by issuing fuel cards to employees. Here are some of the many helpful features that these cards provide.

Fuel cards can make buying fuel very easy and can make tracking fuel accounts even easier. With every individual transaction that is made by fuel cards, an invoice is provided which shows tax individually as well. This makes the tax recovery process for businesses extremely smooth.

If fleet managers have a general idea of how much fuel is required every month for each vehicle, they can limit the fuel cards to buy just that amount of fuel. This eliminates the chances of employees buying excess fuel and using up company income.

Maintain fleet expenses with fuel cards

Jul 20th, 2009

The introduction of credit cards has made doing your daily shop so much easier for millions of people all over the world. Simply swiping a card for all you buy is so much more convenient than paying with cash for the things you buy. And if you thought household items were the only things you can buy then think again. You can now buy fuel for your vehicle by swiping a card.

There are special cards available for buying fuel. These cards are known as fuel cards and can be very advantageous to their owners. Fuel cards can be used by individuals but are mostly found in companies that rely on their fleet of vehicles to run business. This is because fuel cards offer many benefits that you cannot obtain by buying fuel with cash or regular debit/credit cards. They offer:

• More control over the fuel consumption of fleet vehicles.

• Provides reports of fleet efficiency and mileage.

• Fuel card transactions are easier to keep track of rather than money transactions.

• Fuel card management tools offer reduced administration.

In addition to this, the refilling patterns on fuel cards can be customised to meet the requirements of company owners. These customised options include limiting the amount of fuel that can be bought on the card or the amount of money that can be used to buy fuel. When fuel cards are used to refill vehicles, transaction receipts are provided to buyers and this can help companies track their consumption and take the steps needed to reduce this consumption and costs as well.

Fleet fuel cards are a must for fleet centric organisations

Jul 17th, 2009

Many fleet-centric businesses worldwide have one common problem. Fleet-centric businesses that monitor a large number of vehicles and cargo at all times find it increasingly difficult to minimise fuel and maintenance costs for so many vehicles. A fleet manager can only inspect and monitor vehicles to a certain extent and cannot keep a track on all vehicles at all times. Also, with fuel prices rising at an exponential rate annually, it becomes increasingly difficult to manage the maintenance costs of so many vehicles.

Thus, in order to make this task easier for fleet managers, fleet cards have been introduced. Fleet fuel cards are akin to credit cards that work at specific petrol stations and locations. With fleet fuel cards, managers do not have to personally take account details from drivers but simply have to top up the fleet fuel card for all vehicle maintenance issues. A fleet fuel card electronically monitors the vehicle expenditure every day. Also, with fleet fuel cards, organisations save a large amount of money that can be utilised elsewhere. With so many vehicles in use, even a fraction of saving on each vehicle can add up to a lot.

Apart from fuel assessment, fleet fuel cards can be used for many other things. Fleet fuel cards can also be used for vehicle maintenance and maintenance related purchases. With fleet fuel cards, drivers are also given a heightened sense of responsibility. Thus, fleet fuel cards are instrumental in saving money.

The importance of fuel cards in today’s environment

Jul 16th, 2009

Fuel consumption is a pressing issue on every level from national government to the price of fuel on the forecourts. Your car’s fuel consumption is definitely one of your main concerns and possibly one of your most expensive outgoings. With fuel prices rising to such high levels, it has become necessary to find an alternative that will help you to conserve fuel. A fuel card programmes could save you a great deal as well as offering a variety of different incentives and perks.

There are a wide number of fuel card options available today. Whilst some function like credit cards, others are more business centric and will work only in certain locations or for a certain limit. Purchasing a fuel card will not only save your money, but will also help you streamline your fuel consumption in the long run and enable you to budget.

The process of obtaining a fuel card works in the same way as a credit card. All you need to do is apply for your fuel card online and then wait for it to be delivered to you. There are a host of different benefits of fuel cards but they depend on the kind of fuel card programme you choose.

Fuel cards are a must for intelligent fuel consumption

Jul 15th, 2009

Many people today are constantly complaining about the prices of fuel sky rocketing. With fuel shortages and cuts becoming more common, it makes sense to find a solution that will assist you through this recession. One of the most ideal solutions for this problem is the fuel card. Fuel cards are welcomed by all drivers since they can now buy fuel at an affordable price. The fuel card is a great way to save some money makes it easier when it comes to your monthly budgeting. Since people are always looking for extra savings, fuel cards are a great way to save money in the long run.

There are quite a few ways to obtain the fuel card which has been tailor-made to your needs. You could log on to the internet and search for a whole variety of fuel cards offered by many different companies. Through the internet, you can get accurate information regarding the types of cards available and what kind of incentives and benefits they offer. You can also assess exactly how much cash you will save if you are to purchase a fuel card.