When Will Electric Trucks Transform the Industry?

July 21, 2016 Sokolis Group

The standards for fuel economy and efficiency continue to rise in our world. Automakers are continually asked to increase MPG and reduce carbon dioxide emissions when building their vehicles. We have seen the transition in passenger cars. Hybrid cars such as the Toyota Prius, Honda Insight and Ford Fusion have become plentiful. Electric cars such as the Tesla Model S, Chevrolet Volt and Nissan Leaf continue to pop up on the road. So when will we see this transition in the trucking industry?

fuel, fuel cost, fuel pricing, MPG, diesel prices, fuel efficiency

Fuel Flash - July 2016

July 06, 2016 Sokolis Group

June was a particularly volatile month for crude oil prices. However, the closing price for the month settled slightly below where the month started.   The following graph displays the daily volatility:

fuel, fuel prices, analysis, diesel fuel prices, fuel cost, fuel pricing, diesel prices

Fuel Flash - June 2016

June 07, 2016 Sokolis Group

During May, crude oil prices increased again for the third straight month and briefly spiked above the $50/barrel mark. May’s closing price of just over $49 is approximately 33% higher than where it ended 2015. Even more notable is that May’s closing price was almost double compared to mid-February’s $26 which was the lowest point of the year.

fuel, fuel prices, analysis, diesel fuel prices, fuel cost, fuel pricing, diesel prices

Fuel Flash - May 2016

May 04, 2016 Sokolis Group

During April, crude oil prices continued increasing for the second month in a row and closed the month at approximately $46/barrel. April was an active month with a number of factors that influenced pricing. Most notable was the meeting in Doha, Qatar during mid-April where many oil producing nations gathered in an attempt to rein in supply production. No agreement came out of that meeting and prices responded with a quick decline.

fuel, fuel prices, analysis, diesel fuel prices, fuel cost, fuel pricing, diesel prices

A Fleet Managers Guide to Planning For A Fuel Supply Disruption
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