With fuel being a huge expense for fleets, determining the most cost-effective purchasing method to fuel up your equipment and vehicles will require careful consideration. While there is no common method that works for all, what is common among fleets is the need to manage the fuel price and offset the risk of fuel price volatility. Picking the method that best matches your requirements could help you deal with this need head-on. There are a few methods for buying fuel, and you’re in the right place to learn about them. Read on to learn more!
Is Purchasing Bigger Always a Better Idea?
With fuel price volatility present, it makes sense that purchasing fuel in bulk and protecting the bottom line from fuel price fluctuations with a fixed price would be a smart decision for your business. If your fleet is a first responder, utility, or emergency fleet, it may be necessary to keep your fleet ready for the job with on-site fueling capabilities. But for other kinds of fleets, what might seem like a smart idea might prove costly in the long term. Buying fuel in bulk could provide different advantages that save you both time and money. This includes guaranteed fuel delivery, a set schedule for delivery, and improved productivity from drivers not dealing with lines, greater control over their fuel management, and better price control with a fueling contract.
Your fuel requirements will depend on a few factors. This ranges from the amount of vehicles and equipment, the size of your fuel tanks, and whether the fuel is used as it is delivered or if it is stored for future use. Whether it is reserved for future use is important because diesel contains biofuel. If this is held for too long, the biofuel could create issues that could not only contaminate the fuel but potentially damage fuel system components – costing you money for expensive repairs and lost productivity.
Partner with Howard Energy, Inc. for Alternative Fuel Supply and Services
We’ve moved! Howard Energy is now located at 34 Thomas Ave, Brooklyn, MD 21225.
At Howard Energy, we fully understand how your business depends on a reliable and steady supply of gasoline and diesel fuel to keep your operations at its peak. As a family-owned, commercial full-service gas and diesel fuel supplier, Howard Energy has been serving companies across Maryland, Washington DC, and Northern VA for over 25 years.
Our team of experts has a thorough knowledge of the petroleum industry to devise commercial and retail fueling solutions. As a result, we use our keen insight to build strong partnerships with commercial trucking, construction, manufacturing companies, and more. Howard Energy is proud to bring our products and services to gas stations, car dealerships, marinas, and beyond – 7 days a week with no surcharge on holidays or weekends.
If you need cost-effective and convenient wholesale fuel and related fuel tank storage or monitoring services, contact us to get started. Call us at 410-647-1500, and visit our website. Stay connected with Howard Energy on Facebook, Twitter, and LinkedIn.