Friday, February 27, 2009

Project Earth

The Sokolis Group is a fuel management and consulting company with a staff of 9 professionals located in Warrington, PA. As a company we work with small and large companies nationally to help them buy, manage, audit and process their fuel better. Over the last year when fuel prices rose, we helped companies reduce their carbon footprint and how much fuel they consumed.

These methods included:

Having them govern the top speed of their trucks
Truck engine shut down when loading and unloading to reduce idle time
Improving driver behavior
Better maintenance on trucks including tire pressure

While helping other companies reduce their carbon footprint, we realized that we didn’t do a very good job ourselves. On Earth Day we kick off “Go Green 2008 and beyond”. Our steps have been:

Energy Star office equipment
Image storage on computer instead of printing
Printing on both sides of the 100% recycled paper when possible
Recycling paper, plastic, and cans in an office park which do not offer such services
Low flow toilets
Computer screen system shut downs
Energy efficient light bulbs, zoned lighting and temperature set at 78 in the summer months, 66 during the winter
Plants in all offices to provide oxygen and take away the carbons from office equipments, inks, and toners
Purchased carbon credits to offset what a typical office creates in carbon for a year at
www.carbonfund.org
Electronic invoicing and receiving all of our bills electronically

As a company, we are not sure how it might separate us from our direct competition. In a world were everyone’s business is cross compared to other industries, we feel we out distance ourselves with what we have done and continue to do everyday.


Reduce, reuse, and recycle.

The Sokolis Group is a Fuel Management & Fuel Consulting Company that helps its clients reduce fuel cost, better fuel discounts, fuel audits and make sure the customer knows the latest information about the fuel market.

Sokolis Group can be reached at www.sokolisgroup.com or (267) 482-6155

Thursday, February 12, 2009

Bailout Skepticism

Oil had been trading near $40 for about two weeks, underpinned by OPEC production cuts. The Organization of Petroleum Exporting Countries, which accounts for about 40 percent of global crude supply, said earlier this week it has completed about 80 percent of 4.2 million barrels per day of output cuts announced since September.

"OPEC is following through, and that's supporting prices," Chu said.
Some crude investors have taken heart from the fact that oil prices have not retested five-year lows of $33 a barrel, hit in December, despite an avalanche of dismal economic and corporate news in the last month.

"Even with the bad news so far, the oil market isn't tanking," Chu said. "It's a signal we could be at a bottom."

A weekly report Wednesday from the Energy Information Administration showed that crude inventories jumped by 4.7 million barrels for the week ended Feb. 6, more than an increase of 3.4 million barrels expected by analysts surveyed by Platts, the energy information arm of McGraw-Hill Cos.

Including last week's build up, crude inventories have swelled by more than 30 million barrels in the past six weeks.

Others feel that there is no reason to think this trend will not continue of oil building, bad economic news in the short term and prices will fall as they have other the past couple of days.
It a matter of public opinion on how well the bailout is going to work that will determine the stock market, oil prices and a lot of other things.

At this point we also continue to believe that short term oil is going to stay below $40 and will touch $29 a barrel. Though refiners are cutting production to help ease the fall in finished product such as diesel and gas, so at the retail level you have not seen the prices going lower.
With so many things going on it’s a good time to focus on your core business. Let a fuel management company help you with lowering your fuel costs, getting you fuel discounts and managing your fuel program.

The Sokolis Group, fuel management & fuel consulting company can do those things forward. With their knowledge and expertise let them work on what they do best and your company work on your core business which is what you do best.
Sokolis Group, fuel management & fuel consulting can be reached at 267-482-6155 or www.sokolisgroup.com for more information on fuel savings, fuel discounts, fuel audits and making you life easier.

Saturday, February 7, 2009

Who Needs A J-O-B

Oil prices remain around $40 a barrel. Oil prices will remain at $40 a barrel or lower for a long period of time, why? Nearly 600,000 jobs were slashed in the United States last month, the most severe cut since December 1974. Let’s not forget that the last 4 months we have had 500,000 job losses in each month. That is a lot of lost jobs. If you don’t have a job, you don’t have any place to go. If you don’t have a job you can’t afford to buy fuel.

As we all know this is going to go away anytime soon. It’s not just the U.S. having this problem. Canada too suffered heavy job losses in January, the worst in over three decades, with 129,000 workers pushed into unemployment, according to data from Statistics Canada.

Europe's largest economy, Germany, saw a massive 4.6 dive in industrial output in December, with steel orders down 47 percent in the fourth quarter, deepening concern over the state of Europe's economy.

OPEC sources have indicated the group could cut a further 1 million bpd from output when it next meets on March 15. They can do that but the reality is we have more oil that we can use around the world right now anyway. Storage tanks are full. Ships are in the ocean with millions of barrels of fuel on them. A barrel is 42 gallons so when they save millions of barrels of oil of oil we are talking about a lot of oil.

Remember, OPEC can make these cuts but their economy depends on oil. If they don’t product oil, then there economy will suffer more than they are today.

Until the U.S. Economy puts the U.S. back on its feet along with the world. Count on low fuel costs.

Even with fuel costs low, there are still ways to save additional money on fuel. A solid fuel management program can reduce your fuel costs by 5-20 cents a gallon. The Sokolis Group a Fuel Management & Fuel Consulting company can make sure you are getting low cost fuel, fuel discounts, fuel rebates to ensure that you are saving on your companies bottom line. Sokolis Group can be reached at 267-482-6155 or http://www.sokolisgroup.com/.

Monday, February 2, 2009

Fuel Has Fallen And It Can't Get Up

In was another wild day for fuel prices on Monday. Oil prices tumbled nearly 4 percent Monday in a volatile trading day fraught with more bad economic news. Bad news, that is about the only news that we usually get anymore when we talk about the economy.

Light, sweet crude for March delivery fell $1.60 to settle at $40.08 a barrel on the New York Mercantile Exchange after tumbling at one point to $39.83. This down turn in fuel costs mean good things to consumers. Especially since gas prices tumble too.

Gasoline futures had been one of the only commodities on the New York Mercantile Exchange to remain steady last week with some 24,000 refinery workers threatening to strike. Negotiations were extended and workers showed up as usual Monday. Gasoline futures tumbled more than 9 percent. The lower fuel costs and extra fuel in the market will only help a solid fuel management program get better.

The losses came after a U.S. government report showed consumer spending fell for the sixth straight month in December, with 2008 as a whole showing the slimmest growth in spending since 1961.


Grim economic news also dominated Asia and Europe, where Euro zone manufacturing shrank and factory prices tumbled at their fastest rate in at least six years. Not much good news anywhere around the world.



To help your company cope with fuel costs in this difficult economy, Sokolis Group's fuel management & fuel consulting program can help. With prices effecting everything you want a fuel expert who is able to get you fuel discounts, fuel rebates and fuel savings. Reach out to the Sokolis Group to start saving money on your fuel prices today. http://www.sokolisgroup.com/ or 267-482-6155.