| Author | Message | ||
     Gary_williams Member Username: Gary_williams Post Number: 131 Registered: 08-2004 |
Shane we are going to budget somewhere between $3.50 and $3.75/gal. I just paid $3.2098/gal.on the 9th. | ||
| Denny_hahn Member Username: Denny_hahn Post Number: 144 Registered: 08-2004 |
RVT bids their fuel every year. We have been unable to get a fixed price from any of the vendors the last few years. Our price is from the OPIS index. We just received a delivery on 3/15/11 the price was $3.282770. | ||
| Steve Myers Member Username: Steve_myers Post Number: 93 Registered: 08-2004 |
We bid our fuel on a yearly basis effective April 1st. This enables us to have our fuel budget most of the fiscal year. We just opened the bids last evening, our new contract is for a fixed price at $3.25 up from $2.39. That is a 36% increase. | ||
| Shane Lint New member Username: Shane_lint Post Number: 10 Registered: 09-2010 |
How are all of you budgeting for fuel for this coming fiscal year? Historically, I have used an average of the past 36 months and adjusted for a 5-7% increase in cost-- however, I don't think that is going to cut it for our usage this year. For the 2010 fiscal year, I budgeted on the high end for up to $2.89/gal-- and I just hit that now. Any suggestions or alternatives for choosing the right amount? Thanks. |
