Ensure stability not volatility

In the last 5 years alone, daily fuel price fluctuations have increased by over 75% and usually in an upwards direction. In pence per litre terms (ppl), in 2000 the average daily change in diesel prices was 0.20 ppl. By 2005, this figure had risen to 0.40 ppl and in 2009 the daily change in diesel price was circa 1.00ppl.

As demand for oil products continues to grow, oil production is struggling to keep up the pace, whilst refining capacity stagnates for want of investment. Many oil market observers predict a long-term rise in energy prices, punctuated by periodic crashes in the market as recessions, alternative energy sources and government policies temper the world’s demand for oil. In addition to this, virtually all commentators agree that stable fuel prices are a thing of the past.

This volatility makes the life of commercial energy users a nightmare. Budgets become impossible to plan, rising prices destroy even the best prepared sales contracts and companies end up spending more time debating rising fuel costs than they do on their own business products and services.

Portland Fuel Price Protection is your guardian angel against the vagaries of the oil market. Contrary to perceived wisdom, there are several simple options available to Small and Medium Enterprises and these will not only keep a lid on your fuel costs, but provide market advantage in whichever sector you work in.

Call us today for a free, no commitment, face-to-face meeting with an industry expert who for once not only speaks your language, but will also immediately present you with easy, quick solutions to your fuel pricing headaches.

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