Preventing Fuel Theft:Are You Ready to be a Rebel?: In a recent incident in Camden County, MO, a Road and Bridge supervisor faced termination over alleged fuel theft. County leaders launched an internal investigation upon detecting a potential issue and discovered...
Fuel Price
Falling Fuel Prices: A Gift at the Gas Pump
The Positive OutlookRegional Trends of Fuel PricesNational PerspectiveHistorical Context of Fuel Prices As the nation experiences a welcome respite from soaring fuel prices, motorists are finding reasons to celebrate this holiday season. The average price of gasoline...
The Roller Coaster Ride of Oil Trading: Impact of Bot Traders on Prices
The Roller Coaster RideBot Traders UnveiledManipulating Oil Trading Prices?Impact on Gas Prices In a recent article, Bloomberg declared that oil trading has become a roller coaster ride like never before. The reason behind this...
Oil Odyssey: Strategic Petroleum Reserve Challenge
Volume of Petroleum ReserveReplenishing the Petroleum Reserve In the previous year, the Biden administration executed the largest sale ever from the Strategic Petroleum Reserve (SPR), totaling 180 million barrels. This move aimed to stabilize surging oil prices...
The Roadblocks and Challenges Ahead for Electric Vehicle Adoption in America
Cost, Range, and Charging Infrastructure: The Primary Concerns about the Electric VehicleAccording to the survey of just over 1,000 Americans:Demographic Variations:1. Age:2. Income:3. Political Affiliation:Top Concerns of Potential EV Buyers:The Infrastructure...
Rebel Fleet Gas Card; Preventing Employee Theft: A Case Study
The Alleged IncidentUnderstanding the ProblemThe Rebel Fleet Gas Card Solution1. Real-time Monitoring:2. Transaction Restrictions:3. Spending Limits:4. Receipt Verification:5. Comprehensive Reporting:6. Geolocation Technology:7. Employee Accountability:Preventing Fuel...
Crude Oil Prices Increase as EIA Reports Inventory Draw
Inventory Draw Signals Tightening SupplyGasoline Stocks Show Mixed SignalsMiddle Distillates Inventory and ProductionAPI Estimates and the Cushing FactorSupply Concerns Persist Raising Oil Prices Crude oil prices have been on a rollercoaster ride recently, driven by a...
Crude Oil: Why the Energy Information Administration Predicts Lower Prices in 2023-2024
The world has always been heavily dependent on fossil fuels, especially crude oil. Over the years, crude oil prices have kept fluctuating due to several reasons like supply, demand, global economic conditions, wars, sanctions, natural disasters, and more. However, the...