Want to Take Control Of Your Fuel Costs?
Dear Friends of ROUSH CleanTech,
The ROUSH CleanTech team has been busy attending and exhibiting at industry shows this past month. We’re spreading the propane autogas message — at the Green Fleet Conference in Phoenix, BusCon in Chicago, International Baking Expo in Las Vegas and ICUEE in Louisville. We want fleet managers to know that we are invested in their switch to alternative fuels.
During these shows, two common topics consistently came up: fuel costs and long term propane price stability.
Fleet managers are constantly exploring new ways to manage fuel costs. But fluctuating gasoline and diesel prices make it difficult to plan for coming years and hard to set a budget. According to the U.S. Energy Information Administration, world oil prices are predicted to remain highly volatile.
Instead of dealing with continued instability of gasoline and diesel, check out propane autogas (we’re paying around $1.50 per gallon at our facility in Michigan). This clean alternative energy reduces costs with the added benefit of lessening our nation’s dependence on foreign oil.
The second theme that comes up the most is propane’s long term price stability. Fleet managers want to know how they can be sure that propane prices won’t go up and that the fuel will be available. Here are some facts:
- 90 percent of the United States propane autogas supply is produced domestically, with an additional 7 percent from Canada.
- In 2012, the U.S. produced about 15 billion gallons of propane, including almost 11 billion gallons of propane from natural gas liquids.
- Our nation has abundant sources of propane, so much so that we are an exporter of the fuel.
- Wholesale propane prices are expected to remain stable through 2020.
- The price delta continues to widen as the propane supply increases.
In fact, a recent report by ICF International, a leading energy consulting firm, stated that propane is widely available, and sufficient fuel supply, transportation and distribution infrastructure exists in the market today to meet foreseeable demand.
Even though I wasn’t an economics major at the University of Michigan, I do understand supply and demand. And, it’s pretty clear that propane autogas makes sense.
So take control of your fleet’s fuel costs and rely on a readily available, abundant product produced in America. Find out how by giving us a call at 800.59.ROUSH.
Sincerely,
Todd Mouw
