What Factors Impact Diesel Fuel Prices?

Written on: December 16, 2024

Count on Pitmon Oil & Gas for your diesel fuel services

Diesel fuel is the lifeblood of industries like trucking, fleets, farming, and construction.

Whether you’re managing a fleet of trucks, running a construction site, or keeping municipal services powered, understanding what drives diesel fuel prices can help you better manage budgets and make smarter fueling decisions. But what exactly are those factors?

At Pitmon Oil & Gas, we’ve spent years supporting businesses across Lindsay, OK, and surrounding towns in southern and central Oklahoma. By delivering reliable on-road and off-road diesel fueling solutions, we’ve seen firsthand how these factors impact businesses. We’ll break down the primary drivers of diesel prices and how our services can help keep your operations running seamlessly.

The things that affect diesel fuel pricing

Several variables play a role in diesel prices, and some are beyond anyone’s control. Here’s a breakdown of the major factors you should be aware of.

• Crude oil prices: Crude oil is the base ingredient for diesel fuel, making its price the single most significant factor affecting diesel prices. Global events such as geopolitical tensions, crude production cuts, or natural disasters can result in price fluctuations. For instance, events in oil-producing regions like the Middle East may create uncertainty in the market, causing prices to rise.
• Seasonal demand: Diesel demand varies throughout the year. Winters, for example, typically see higher diesel prices due to heating oil usage in some areas. Conversely, summer shipping seasons can drive up truck and fleet demand, impacting costs as well.
  For truckers traveling long distances, planning ahead and understanding seasonal pricing shifts can save costs in the long run.
• Distribution and transportation costs: The cost of getting diesel fuel from refineries to local stations includes pipelines, railways, and trucks. Changes in infrastructure costs—or interruptions such as storms—can raise distribution costs. Additionally, areas located farther from refineries may face higher fuel prices due to the added cost of transportation.
  Here in southern and central Oklahoma, Pitmon Oil & Gas ensures reliable, localized diesel delivery, minimizing transportation markups while keeping your supply consistent.
• Refining costs: The process of refining crude oil into diesel fuel involves costs, which can vary based on global demand, refinery maintenance schedules, or disruptions. Some refineries specialize in diesel production, and downtime at these facilities can lead to shortages.
• Government regulations and taxes: Government policies, taxes, and environmental regulations can have a substantial impact on diesel fuel prices. Federal and state excise taxes, combined with regulations like low sulfur diesel requirements, can add to the total cost.
  Oklahoma’s diesel tax is one of the key drivers behind price differences compared to neighboring states. Managing your fleet with a provider local to your region ensures compliance while securing competitive pricing.

The Pitmon advantage

While some factors that impact diesel prices are out of your hands, partnering with a reliable fuel provider like Pitmon Oil & Gas can help streamline your fueling experience.

At Pitmon Oil & Gas, we’re proud to offer dependable, customized diesel deliveries tailored to your needs. Whether you require on-road diesel or off-road diesel, we’ve got you covered.

Our services extend to businesses, schools, municipalities, moving companies, delivery companies, couriers, and even waste-hauling businesses. Each customer’s fueling schedule and requirements are different—we’ll ensure you always have the right amount of fuel where and when you need it.

Save time and gain control with on-site diesel fuel tanks. We provide durable tanks for businesses that prefer to manage their own fuel storage safely. This is especially valuable for industries where downtime is not an option.
For fleet managers, every second counts. Instead of wasting valuable time at gas stations, Pitmon Oil & Gas brings fuel directly to your location. Whether your fleet rolls out every morning or works around the clock, our team ensures every vehicle is filled and ready to hit the road. This supports improved efficiency, reduces fuel theft risks, and ultimately saves money over time.

Off-road diesel (non-taxed, dyed diesel) meets the unique requirements of industries such as construction, farming, healthcare (for diesel-powered generators), and manufacturing operations. Whether you’re running heavy machinery on a construction site or keeping medical facilities powered during outages, Pitmon Oil & Gas ensures uninterrupted supply to support your operations.

Modern diesel engines require Diesel Exhaust Fluid (DEF) to comply with emissions standards. Partnering with a supplier who delivers both diesel and DEF ensures you have everything your equipment needs in one solution. Additionally, we provide premium lubricants to keep your fleet or machinery performing optimally.

Why businesses like yours in South and Central Oklahoma trust Pitmon Oil & Gas

At Pitmon, we don’t just deliver fuel—we deliver value. By offering expert curation, diverse fueling solutions, and support for industries ranging from education to farming, we’ve become a trusted partner in our community. Here’s what sets us apart:

• Local expertise: Serving the specific needs of businesses in Lindsay, OK, and nearby areas in southern and central Oklahoma means we understand regional challenges and how to address them.
• Flexibility: Our ability to tailor fueling solutions to fit your operation’s unique requirements ensures you only pay for what you need.
• Customer care: We don’t just supply a service; we build relationships. From reliable deliveries to accessible customer service, we prioritize your satisfaction every step of the way.

Managing fuel costs and supply doesn’t have to be complex. At Pitmon Oil & Gas, we simplify the process with reliable delivery, expert solutions, and a firm commitment to your success. Whether you’re managing a trucking fleet, running a construction site, or operating municipal services—our team is here to help.

Contact us today to learn more about our services or to schedule your next delivery. Don’t leave your fueling needs to chance—partner with the experts you can trust.