The tool is aimed at helping fleet managers evaluate the costs associated with converting to compressed natural gas (CNG).
Will Fuel Overtake Depreciation to Become the No.1 Fleet Expense?
The recent breathtaking increase in gasoline and diesel prices gives us a reality check as to how quickly fuel can dramatically increase fleet operating expenses. With fuel prices at a near all-time high and ongoing strong resale values decreasing depreciation costs, will fuel costs overtake depreciation as the No. 1 fleet expense in 2012, as it almost did in 2006?