Can Diesel Prices Stay this Low?
From the beginning, people said it couldn’t last. The falling diesel fuel prices were bound to be temporary; fleets should not adjust their spending plans. There was every reason to think this was true—it had been years since diesel prices hit such a low. Then they kept falling and falling, and they stayed low for the rest of the year—the lowest, in fact, that they have been since May of 2009.
Last year’s diesel price downturn has been a huge boon for fleets, many of whom have turned a substantial and unexpected profit after budgeting based on 2014 fuel prices, as this chart shows...READ MORE
Source: Fleet Equipment