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Oil and Gas Wholesale Distribution

ByYvette Pryce,
business.com writer
|
Sep 07, 2011
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> Business Basics
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Keep your fleet running economically with wholesale fuel and oil

Wholesale fuel is a good investment if you maintain a fleet of vehicles that provide on-site services to local consumers.

When your vehicles fuel up at your own pump with wholesale gas or wholesale diesel fuel, you know that you’re getting the most for your money. And when you pair that up with products from oil distributors, your fleet can be more fully serviced at your own facilities. At the same time, keeping your own pump stocked with fuel means that you need to do some research to make sure you’re always getting the right product, at the right price, at the right time.

To make sure you buy wholesale diesel fuel or wholesale gasoline most efficiently, and to make sure you’re getting the right products from oil distributors, you have to access your knowledge, resources and needs, including:

  1. The time you have to devote to oil and gas wholesale distribution research, including fluctuating wholesale gas prices.
  2. The overall wholesale gas and oil needs for your fleet, including how much fuel you’ll buy and how often you’ll need to restock.
  3. The specialized petroleum and oil needs that your fleet may have.

Keep abreast of market fluctuations for wholesale fuel

Since wholesale gas and wholesale diesel fuel are commodities traded on the open market, the price can change by the minute, which may influence your cost structure. If you understand the market, though, you'll be able to better budget for your fuel needs--and be sure that you're getting a fair price from fuel distributors.

Find wholesale gasoline distributors online

Look for a fuel distributor online who covers your region. Many gasoline distributors are regional, meaning that they cover a three to five state area. However, some nationwide companies can meet your wholesale gasoline and diesel needs no matter where you live in the country.

Locate oil distributors to serve your fleet needs

In addition to fuel, your fleet needs oil to keep running. Take care of those oil needs with wholesale oil distributors.

  • Consider hedging, or purchasing gasoline futures in an attempt to lock in specific prices for delivery on a specific date in the future. But be forewarned: Do your research, or you'll risk paying extra for wholesale fuel when you engage in hedging.
Yvette Pryce
Yvette Pryce
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