Good Afternoon Customers, Here’s your Weekly Fuel Market Update to help you plan and navigate the week ahead with some intended clarity. Right now, WTI Crude is at $65.79 per barrel; a decent drop from the mid-June spike caused by brief overseas tensions. That situation de-escalated quickly, and now prices are working on rebalancing (they
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Good Afternoon Customers, Buena Tarde Clientes, WTF?! But, on the business side, We are cautiously seeing progress. Hello, I hope you all had a great weekend. If you are a father, I hope you had a nice Father’s Day. I wanted to start this week’s update with a brief personal note. I strongly believe in
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It’s been a busy week closing out the month, but here we are with your fuel market update. The good news is that prices are holding steady and still coming in well below last year’s levels. Fleets in California have been getting some breathing room. Retail Fuel Price Comparison San Diego County > Regular unleaded
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Sorry for the delay, it got a bit busy (and still is) with month-end stuff. But, I am prioritizing the weekly fuel news update with some good information to share with you all! For companies like us catering to fleets, mostly in California, there’s a bit of cautious optimism in the air. And I am
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Finally. These fuel prices are coming down! Will they go up again? No one has a crystal ball, but, in the short term, prices will go down a little bit more. Like what they were before the invasion of Ukraine. It was an extremely painful situation to thousands of companies in the US and Mexico.
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Naturally, the question asked in the title is one of our larger and newer concerns. Here at Energie Fuel Group and Lakeview Petroleum, the fuel distribution via fuel cards is one of our main objectives. However, it would be irresponsible to not consider the potential possibilities of our future regarding the energies businesses use to
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Alternative energy has been a hot topic for the past several years, and it won’t be going away any time soon. With more electric vehicles entering the market, fleets must start planning for the near future of electrification. Many state governments have been creating requirements to bolster the transition to alternative fuel vehicle fleets by
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What you need to know There’s a high demand of fuel: You can expect fuel prices to rise every spring. This is because people in the US are traveling more. Overall, AAA estimated that 41.5 million Americans traveled by car, planes, trains, buses and cruise ships over Memorial Day weekend, the highest since 2005. Crude oil pricing:
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What you need to know Back in 2017 the Governor of California, Jerry Brown, approved raising the state excise tax on fuel. The measure raised the state excise tax on gasoline by 12 cents and increased the excise tax on diesel fuel by 20 cents. The sales tax rate on diesel was boosted from 9%
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