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Attitude is a Choice Attitude is a Choice

Attitude is a Choice

The New Year is off to a great start and I choose to say so.

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On the top of my list of New Year’s resolutions is to be less tolerating of negative people.  I came to the conclusion that somewhere along the line I became conditioned to accept negative people for who they are as if they are a protected class or culture. The quiet head-nodding or placating the occasional habitual whiner is what a leader does to demonstrate compassion and patience right?  

Reeling in Vehicle Recalls Reeling in Vehicle Recalls

Reeling in Vehicle Recalls

Fleets Need to Make Recall Management a Priority

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Managing vehicle recall notifications is serious business. In each case, a specific vehicle issue has been discovered that could affect the safety of the operator, passengers or general public.  Why then, do a considerable number of recalls remain open despite the manufacture’s dire warnings and notifications?  Recall management is a real and growing problem for fleet operators...

Tanker rates reach multiyear highs (12/7/2022)

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Tanker rates for crude oil, petroleum products, and liquefied petroleum gas (LPG) reached record highs in November 2022. These increases were driven largely by some of the effects of Russia’s full-scale invasion of Ukraine as well as delays at the Panama Canal. Tanker rates could increase through the winter because on December 5, 2022, the EU ban on importing seaborne crude oil from Russia took effect, and the G7 instituted a crude oil purchase-price cap of $60 per barrel (b) for countries purchasing Russia’s crude oil using European banks, insurance, or shipping services. ...

Less U.S. jet fuel consumption so far in 2022 than in 2019 (11/30/2022)

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U.S. jet fuel consumption so far in 2022 has been consistently below 2019, although airline passenger counts in the United States have nearly returned to 2019 levels in recent months, according to data reported by the Transportation Security Administration (TSA). In 2020, U.S. jet fuel consumption fell significantly because of mobility restrictions aimed at reducing the spread of COVID-19. As travel restrictions and other responses to the COVID-19 pandemic eased in the latter part of 2020 and especially into 2021, consumption of jet fuel gradually increased, particularly in the first half of 2021. In the second half of 2021, consumption averaged 1.5 million barrels per day (b/d) and has continued to average about 1.5 million b/d so far through 2022, according to weekly product supplied data reported in our Weekly Petroleum Status Report. For comparison, product supplied of jet fuel in 2019 averaged 1.7 million b/d. ...

Real gasoline prices this Thanksgiving relatively unchanged from 2021 (11/23/2022)

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After adjusting for inflation, U.S. average regular gasoline retail prices averaged $3.65 per gallon (gal) on the Monday before Thanksgiving, a nominal increase from 2021 prices but relatively unchanged when accounting for inflation (Figure 1). In nominal dollars, the average retail price was $0.25/gal (7.5%) higher than the Monday before Thanksgiving in 2021, an increase which is almost identical to the 8% annual inflation rate, based on the U.S. Consumer Price Index (CPI). Since briefly peaking at more than $5.00/gal this summer, average U.S. prices declined as we moved into autumn because of typical seasonal price movements as well as declines in both crude oil prices and crack spreads (the difference between spot petroleum product prices and crude oil prices). This Thanksgiving, the American Automotive Association (AAA) forecasts 54.6 million people will travel 50 miles or more for the Thanksgiving holiday, a 1.5% increase compared with 2021. ...