Excellence in Energy Risk Management Solutions
Due to the extreme volatility in the energy markets, new and innovative methods must be employed to assure the lowest total costs relative to fuel management. Yocum Oil’s focus goes beyond simply delivering fuel to customers. We not only provide safe, on-time, quality service but also total fuel solutions: fixed forward pricing, inventory management, financial instruments to reduce market price risk, custom reporting, technical advice regarding fuel specification changes and applications, fuel additives to reduce costs and improve performance, and lubricant recommendations for equipment life cycle operability.
Controlling and budgeting fuel costs are of the highest priority for energy-driven businesses today in both the public and private sectors. For companies attempting to secure margins on current or future sales and bids, energy costs must become a controlled variable. For schools and governmental agencies reliant on external and taxpayer funding, fiduciary responsibility includes astute management of all costs, including energy.
Regional, national, and global influences on energy supply and demand can create immediate price volatility on an hourly basis. Some of the many influences are the effects of OPEC’s decisions on crude oil supply or the devastating effects of hurricanes and natural disasters on our nation’s refining and energy distribution network.
Yocum Oil Company can introduce you to methods to help control fuel costs and take much of the price volatility out of the turbulent energy market. Our professional staff is able to guide your company’s approach to eliminating the “budget buster” fuel price spikes by:
- Mapping out the risk
- Focusing on lowest total energy costs
- Developing strategies and policies
- Performing cost/benefit analysis
- Implementing short and long term hedging strategies
- Reporting on program performance
Please contact us today to learn more about using Yocum Oil’s Excellence in Energy Management to help control energy costs! Call your Solutions Specialist at 651-739-6416 or contact us.
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