It’s that time of year when we venture out or online to find that special something for each of our loved ones and friends. We all know that the holidays can be expensive in terms of dollars, but many of us don’t realize how expensive they can be for the environment as well. Our increased […]
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Guttman Energy is proud to announce its upcoming attendance at the American Towman Expo in Baltimore, MD. Representatives from the fleet fuel card division will attend to learn the latest trends and talk with leaders, exhibitors, and attendees in the towing industry. The American Towman Expo takes place from November 16-18, 2023. This exposition features […]
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The oil industry has two main, widely-used fuel indices, Argus Media (“Argus”) and S&P Global Platts (“Platts”). Each of these two companies report daily price assessments for oil products, as well as other commodities, worldwide. These assessments are compiled, throughout the day, of the numerous bulk trades being completed by commodity traders and give refiners, […]
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Guttman Energy’s fuel management solutions extend beyond land-based ventures. We have fuel options for marine crafts of all types. Whether delivering fuel to a recreational marina, distributing gas to a private client, or managing bulk fuel for a fleet of freight barges, we tailor our fuel programs towards our customers’ needs, supplying hassle-free fueling solutions. […]
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As we get closer and closer to driving season, gas prices are poised to continue their increase at the pump, which could put a strain on families traveling for the warmer months. According to AAA, the nation’s average regular gas price has increased for the second straight week, rising by around 0.10/gallon from the week […]
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Looks like over-the-road trucking will continue to burn rubber in 2023. According to the American Trucking Associations’ 2023 forecast, the U.S. freight economy, particularly for trucking, is projected to grow significantly in the years ahead. According to the same article, “overall, total freight tonnage is expected to grow 21% by 2023, and revenue for the […]
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Gasoline blends fall into two categories as it pertains to Environmental Protection Agency (EPA) standards: summer-blend and winter-blend. The difference between the two, somewhat literally, boils down to differences in Reid Vapor Pressure (RVP). Reid Vapor Pressure is a measure of a fuel’s volatility, that is, its tendency to evaporate at higher temperatures. The most […]
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Even if you understand the basics of carbon offsets , it’s easy to get bogged down in the complexity, acronyms and jargon that conjure up images of Clark Griswold’s tangled ball of holiday lights (a timely nod to the cinematic masterpiece that is Christmas Vacation). Today, we’ll try to help unravel that complexity a bit by […]
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Earlier this month, the 27 Member States of the European Union (EU), the members of the G7 (the United States, Canada, France, Germany, Italy, Japan, and United Kingdom) and Australia (collectively, the “Price Cap Coalition”) announced their agreement to adopt a $60/barrel price cap on seaborne Russian crude oil. The enforcement mechanism for the cap […]
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