by Ryan Franklin
24. July 2012 07:08
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Remember earlier this year when everyone was expecting gasoline to be $5 a gallon or more? That hasn’t happened, and gasoline actually hit a low price point of $3.33 on July 2, according to a CNN report. That same report shows that the average price of gasoline has gone up 10 cents in the last two weeks. People are starting to wonder if the worldwide issues that are affecting the oil supply are going to make that $5 number a reality. |
Courier services are more sensitive than most to the change in prices. Businesses and, more importantly, families depend on the profits that won’t be there if spending on fuel increases dramatically. It can make or break a business, and hearing about big increases in price is never good.
All things considered, however, it’s unlikely that the super expensive gasoline prices will come to pass. In fact, the U.S. Energy Information Administration’s short-term outlook predicts that gas will be at an average of $3.39 for the 3rd quarter of 2012. That’s hardly the $5 we feared at the beginning of the year. The overall outlook for the entire year is good as well. The EIA thinks the average price for all of 2012 will be around $3.49, which is much better than 2011 when it was $3.53 on average. The outlook is even better for 2013, with the prediction coming in at $3.28 per gallon.
So the outlook is much better than it seemed at the beginning of the year. The outlook is just a prediction, however, so there could be circumstances that change things slightly. There could be big changes as well, but the kinds of catastrophic events that cause big swings usually take precedent over any concerns about gasoline prices.
The numbers are looking good, but that doesn’t mean delivery services like AQuickDelivery will not be working hard to minimize fuel costs. The green movement is slipping into every area in life, and the courier business is no different. Gas mileage is going up, innovations are happening on a daily basis, and the future is looking promising regardless of the price on a barrel of crude.
Author’s bio: Ryan is a guest author and shipping expert. He helps people find yacht shipping and courier services.