Is Cap and Trade good?
Are you asking yourself what is Cap and Trade? To put it as simply as I possibly can, it's a tax that will be put onto companies that use more carbon then they should. Is this good for fuel companies? Is this good for the price of diesel fuel or gas or anything?
Let's take a closer look. We all know that the World is in a very difficult economic environment right now. We also know that over many years we have not been as environmentally concerned as we should, especially when it comes to carbon. The carbon tax will affect all of us because the money spent by oil companies, coal companies, trucking companies or anyone else will be passed onto the consumer, right?
I think we need a cap and trade policy. I don't think we need it right now when we are struggling to make ends meet with our economy. I would like to see a phase in policy. A solid policy on carbon will be beneficial for the future of the earth but it can not put a huge constraint on the growth of companies.
What are your thoughts?
Sokolis Group is a fuel management and fuel consulting company that helps companies control their fuel costs. How are you fueling today? We can be reached at www.sokolisgroup.com or 267-482-6160.
Sunday, June 28, 2009
Monday, June 15, 2009
Fuel is Like a Ballon
Up, Up and Away. Gas prices up 17 more cents in the last 2 weeks. Did you see that coming? With Crude Oil prices over $72 a barrel. You can figure that gas prices will get real close to $3 a gallon. Making fuel management more difficult not only for gas prices but for diesel fuel costs as well.
It was a year ago today that most of the country was paying over $4.00 a gallon for gas prices and almost $5.00 a gallon for diesel fuel. If we look at it from that side, things are not that bad.
Our fear at Sokolis Group is this $72 a barrel for oil prices just seems to be a little high right now, given the countries state of economic recovery. The fear being if we are at $72 now what happens when we see real economic turnaround. Are we back at gas prices at $3.75 and diesel fuel costs at $4.00? Does that hurt the turnaround?
Most of the upturn in crude oil prices has to do with speculation that massive government spending has led to fears of inflation and uncertainty about the dollar. By investing money into crude oil it helps certain investors eliminate those fears.
If you want more information about how you can help your company with its fuel management program or if you need fuel consulting to control your fuel costs, please reach out to the Sokolis Group at 267-482-6155 or www.SokolisGroup.com
It was a year ago today that most of the country was paying over $4.00 a gallon for gas prices and almost $5.00 a gallon for diesel fuel. If we look at it from that side, things are not that bad.
Our fear at Sokolis Group is this $72 a barrel for oil prices just seems to be a little high right now, given the countries state of economic recovery. The fear being if we are at $72 now what happens when we see real economic turnaround. Are we back at gas prices at $3.75 and diesel fuel costs at $4.00? Does that hurt the turnaround?
Most of the upturn in crude oil prices has to do with speculation that massive government spending has led to fears of inflation and uncertainty about the dollar. By investing money into crude oil it helps certain investors eliminate those fears.
If you want more information about how you can help your company with its fuel management program or if you need fuel consulting to control your fuel costs, please reach out to the Sokolis Group at 267-482-6155 or www.SokolisGroup.com
Monday, June 1, 2009
Fuel Costs, You’d Better Watch Out; Fuel Prices are Going Back UP!
Are gas prices, diesel fuel costs and crude oil really going up or is this just a bunch of talk. No talk, its real. Diesel fuel costs have remained flat and have actually gone down a little since the beginning of the year but that probably won’t remain for long.
Gas prices are up 45 cents a gallon for the month of May. If it’s March that comes in like a lion and leaves like a lamb for weather, then this year it was May for fuel costs. With gas prices up 45 cents a gallon, crude oil prices up 30% from $50.35 a barrel on May 1 to $67.60 on May 31. Crude oil is back and alive like before.
Why? Great question with no real answers just that it keeps going up. Good news it goes up, bad news it goes up. A long period of $69 a barrel crude oil prices will spell $3.00 a gallon for gas prices and the same for diesel fuel price.
Here are a couple of fuel facts on why Fuel Management is important to keeping your eye on the ball. On December 23, 2008 the price of crude oil was $30.28 a barrel. It’s now 5 months later and $37 more a barrel for oil. Another interesting fact, the last time a barrel of crude was as low as it was on December 23, 2008 was November 25, 2003 at $30.02.
The economy might not be back at full strength and the true fuel price probably shouldn’t be this high right now given the economic conditions, but it is and let’s see how it plays out, right? Wrong, do something about it, NOW!
Don't go out and try to close the barnyard door after your horse has already run away. It's to late then, get a fuel management program and plan in place with fuel experts before your shaking your head at $4.00 diesel fuel.
Reach out to Sokolis Group for fuel management & fuel consulting so that we can help you control some of these fuel increases. Call 267-482-6155 or www.SokolisGroup.com.
Gas prices are up 45 cents a gallon for the month of May. If it’s March that comes in like a lion and leaves like a lamb for weather, then this year it was May for fuel costs. With gas prices up 45 cents a gallon, crude oil prices up 30% from $50.35 a barrel on May 1 to $67.60 on May 31. Crude oil is back and alive like before.
Why? Great question with no real answers just that it keeps going up. Good news it goes up, bad news it goes up. A long period of $69 a barrel crude oil prices will spell $3.00 a gallon for gas prices and the same for diesel fuel price.
Here are a couple of fuel facts on why Fuel Management is important to keeping your eye on the ball. On December 23, 2008 the price of crude oil was $30.28 a barrel. It’s now 5 months later and $37 more a barrel for oil. Another interesting fact, the last time a barrel of crude was as low as it was on December 23, 2008 was November 25, 2003 at $30.02.
The economy might not be back at full strength and the true fuel price probably shouldn’t be this high right now given the economic conditions, but it is and let’s see how it plays out, right? Wrong, do something about it, NOW!
Don't go out and try to close the barnyard door after your horse has already run away. It's to late then, get a fuel management program and plan in place with fuel experts before your shaking your head at $4.00 diesel fuel.
Reach out to Sokolis Group for fuel management & fuel consulting so that we can help you control some of these fuel increases. Call 267-482-6155 or www.SokolisGroup.com.
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