TB Tanks: the efficient way to manage your fuel

In his Autumn Statement, the Chancellor declared that there would be no further immediate duty rises for diesel, which is some comfort for an industry already facing the highest fuel costs ever, both in real terms and as a percentage of their total operational costs.

Screen-Shot-2013-12-18-at-12.40In his Autumn Statement, the Chancellor declared that there would be no further immediate duty rises for diesel, which is some comfort for an industry already facing the highest fuel costs ever, both in real terms and as a percentage of their total operational costs.

But the actual price of diesel is still subject to very significant fluctuation – usually upward – dependent on market conditions, supply-side problems, and crude prices from the North Sea, Saudi Arabia, and, increasingly, Russia and the US. Very large fleet businesses can cover themselves to some extent by pre-buying diesel in volume on the world-markets for future delivery, though this kind of speculation is also blamed for at least some of the volatility in the market price of oil products. …Read More

 

 

 

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