Fuel Matters Blog

New # 1: World’s Most Valuable Company

Last week, Saudi Aramco surpassed Apple as the world’s most valuable company in the world.  Aramco’s market valuation was just under $2.43 trillion when they surpassed Apple, which dropped 5% during trading last week and now has an evaluation of $2.37 trillion. Apple topped Aramco for title of world’s most valuable publicly traded company in […]

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World Oil Watch 2022

There is an endless supply of breaking news events that are impacting the oil market daily. China, India, OPEC, inflation, South America, and of course, the Russia/Ukraine war are all big item headlines that have gotten us to a market where both WTI and Brent have climbed above $114/BBL. Let’s explore some of these headlines […]

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What is NOPEC?

Last week, the U.S. Senate Judiciary Committee voted 17-4 to pass the No Oil Producing or Exporting Cartels (NOPEC) bill, which if passed in Congress and signed by the President would allow the U.S. Attorney General to sue OPEC and/or its members for antitrust collusion.  The bill is designed to protect U.S. consumers from volatile […]

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Will There Be a Relief in Diesel Prices?

The Energy Information Administration (EIA) just released that the U.S. national average diesel price at the pump is $5.623/gallon. Is there any relief in sight? Let’s digest some data and assess. The Department of Energy’s (DOE) petroleum report revealed last week that U.S. distillate inventories are at their lowest level in 30 years; 104.9 million […]

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Federal Reserve Rate Increase. What’s next?

How it all started The Federal Reserve just delivered the largest interest-rate increase in over 20 years. This increase, the most aggressive action to take place is an effort to try and slow the growing inflation. Back in 2020, the start of the pandemic pushed the Fed to lower rates to basically zero, making it […]

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How Fuel Level Alerts Can Benefit Your Business

When it comes to managing your fleet, keeping track of your fuel levels is one of the most important aspects of your day. If you’re unsure of how much fuel you have on hand, you could experience unprecedented delays or additional costs on top of what you had budgeted for. While fuel management systems from […]

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Case Study: Fueling Solutions in the Oil and Gas Industry

The oil and gas industry is one of the most important verticals in our everyday lives. Without oil and gas, nearly all individuals and businesses would be impacted. That’s why it’s vital that we support the oil and gas industry in their own unique fuel needs. Recently, Guttman Energy’s fueling solutions worked with an oilfield […]

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Fuel Efficiency in the Age of Historic Fuel Costs

A quick look at any truck stop’s signage this year will reveal some eye-popping numbers; U.S. Energy Information Administration (EIA) figures for March 2022  peg the average cost of gasoline at $4.22/gallon. Diesel fuel comes in almost a full dollar higher at $5.11/gallon. Price pressure has abated since then, but only slightly. According to the […]

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Roadcheck 2022: Truck Wheel Ends

Is your fleet ready for the 72-hour enforcement event set to take place May 17th through May 19th?  This is a high-visibility, high-volume commercial motor vehicle inspection and enforcement initiative that occurs annually throughout the United States, Mexico, and Canada.  Each year there is a specific focus during the inspection and this year the focus […]

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