Gas-Lock Advisors, LLC
TAKE BACK CONTROL OF FUEL COSTS
The markets are telling us that gas and diesel prices are expected to move higher. Spot futures prices for upcoming months are showing higher levels each month.
We have now seen what a disruption in the supply chain can do. Prices have pulled back from the post-hurricane highs. Those who did not act to implement some kind of fuel cost control program last summer are now being given another chance to act. In the trading world, this is sometimes seen as a "gift." Many times there is no second chance.
We see no change in the global economic forces sending demand higher, nor do we see a significant increase in refinery capacity in the next few years. It is a very important time for the astute fleet manager to get control of this big budget element.