Chris Holloway
Articles from this Author
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How US Gas Prices Affect the Overall Economy
As of September 12, 2024, US gas prices, currently $3.382 per gallon, affect the economy by influencing inflation, transportation costs, and consumer spending, which in turn impact economic growth. Gas prices also impact business expenses and job creation, with the U.S. having pumped 21.91 million barrels per day in 2023, representing 22% of the global…
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Why Do Gas Prices Vary From State to State?
Gas prices vary from state to state due to differences in state tax rates, environmental regulations, proximity to oil refineries and pipelines, and regional supply and demand. State fuel taxes alone range from under 10 cents per gallon in Alaska to over 77 cents per gallon in California, according to the U.S. EIA. Additional factors…
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Why is DEF so expensive?
The premium cost of Diesel Exhaust Fluid (DEF) is driven by the rising price of high-grade urea and persistent supply chain instabilities that hamper both manufacturing and distribution. Why is DEF so expensive? As businesses have been struggling with the high cost they have to pay due to the increase in prices of not only…
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Off Road Diesel Price: What Every Consumer Should Know
Off-road diesel typically costs $0.15 to $0.25 less per gallon than on-road diesel because it is exempt from state and federal excise taxes. The fuel itself is nearly identical to regular diesel but is dyed red to indicate it can only be used in construction equipment, farm machinery, generators, and other off-highway engines. Venturing into…
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Why Clear Diesel is More Expensive Than Dyed Diesel Fuel
Clear diesel costs more than dyed diesel because it includes federal and state highway taxes used to fund public roads and bridges. Dyed diesel, marked red for off-road use, is tax-exempt and intended for equipment like tractors or construction machinery, making it significantly cheaper per gallon. Why Clear Diesel is More Expensive Than Dyed Diesel…
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Intangible Costs: What Are Those Missing Hours REALLY Costing?
Intangible costs are difficult-to-measure, non-physical expenses, such as decreased employee morale, lower productivity, or damage to brand reputation. In fuel management, these costs arise when drivers spend time refueling at stations, reducing active working hours, potentially saving a ten-truck fleet ten delivery hours daily with mobile fueling. In 2024, the fuel tank market reached USD…
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How Much Does Fuel Delivery Cost?
Fuel delivery costs vary based on fuel amount, distance, type, and provider, typically including a base fee plus fuel costs, with delivery fees ranging from $3 to $9. Factors like the price per gallon, distance to the customer, tank size, and fuel volume influence the total cost, with smaller orders costing more per gallon. Businesses…