Boosting fuel efficiency can help tackle unpredictable pump prices

Boosting fuel efficiency can help tackle unpredictable pump prices

Anyone keeping one eye on the news will have noted that, in recent months, fuel prices have fallen considerably, and then re-bounded a bit, and then fallen a bit, and… well, you see the pattern here.

So it appears that one of the few things that is actually predictable about the price of fuel is its unpredictability. I would say that the erratic nature of the oil market also serves to highlight the foolhardiness of anyone who finds themselves enveloped by a false sense of financial security when prices at the pump start to fall. After all, you just never know when that rebound is going to happen…

Thankfully, there is another certainty in the volatile world of fuel prices: no matter what the price per litre of petrol and diesel may be, if you’re able to use less of it, you’ll save money and also reduce your impact on the environment.

So that’s why, even when the news agenda is abuzz with the economic reaction to the latest oil price drop, it is important that fleet managers still do all they can to boost fuel efficiency. Doing so can help set your organisation well on the way to economic and environmental sustainability. And fortunately, improving efficiency doesn’t necessarily need to be difficult or expensive, and there are many ways of going about it.

Those organisations with plenty of cash sloshing around could consider replacing older fleet vehicles with newer, more efficient models; or they could even look into getting rid of their conventionally-powered fleet and using electric vehicles (EVs) instead.

A bit too costly? Well, a cheaper but extremely effective alternative to consider is efficient driver training. Through the implementation of ‘smarter’ motoring techniques, it is possible to reduce fuel consumption by up to 10 per cent. In fact, one trainee who recently took part in a session at our Effective Transport Solutions driver training centre managed to reduce consumption by around 50 per cent. When figures such as these are multiplied across an entire fleet (or grey fleet), the savings can really start to mount up and soon cover any initial training costs. It’s well worth a look. And if you’d like to find out more about efficient driving before taking the plunge and signing up for some official training, you can find advice on fuel efficient driving here.

Effective travel planning is another method of escaping the vagaries of the oil market and bringing your fleet costs increasingly under your control. Cutting down on unnecessary journeys by replacing meetings with conference calls, by encouraging car sharing, by incentivising the use of public transport and by planning journeys around times of heavy traffic, you can help reduce the fuel your organisation uses. You can find out more about effective travel planning by contacting the Workplace Travel Plan Company.

So, regardless of the budget available, there is much that can be done to boost the efficiency of your company’s fleet of vehicles. And if you decide to do so, you can feel confident that, no matter what the oil price is doing, you’re being as efficient and as cost-effective as you can be.

To find out more about the driver training packages we offer, visit: http://www.tadea.com/effectivetransportsolutions