You may or may not be aware but Sunday March 10th is the beginning of Daylight Saving Time. There are many conjectures about the origin and purpose of DST, but there is one clear fact, everyone enjoys more sunshine. On, “Sunday, March 10, 2019, 2:00:00 am clocks are turned forward 1 hour to Sunday, March 10, 2019, 3:00:00 am local daylight time instead.” Unfortunately that means we technically lose an hour of sleep that we all could use.
Across North America, temperature fluctuations, refinery turnarounds, and pipeline disruptions have created supply challenges getting petroleum to market. When refineries shut down for maintenance there is always a potential for a supply shortage in the effected markets, couple that with increased demand due to weather and all of a sudden a long (plenty of product) market becomes a short (scant amounts of product) market.
As the 4th generation family member here at Guttman Energy, I wanted to take a moment to thank all of you for a successful 2018. We could not be where we are without our valued customers, vendors, partners and employees.
With constant fluctuations in price, fleet owners are becoming much more conscious of their fueling spend. Some may shop around to find more cost effective supply options, while others are looking at newer technologies to increase fuel efficiencies. Most of us have seen smart phone applications for everything it seems, but now trucking companies are more regularly looking into newer apps as a fuel optimization solution. Two companies in particular are setting the standard for over the road truckers in this category.