Gas Prices Down 14 Cents in One Month, Oil Prices Up 30%

Since the beginning of October, crude oil prices have increased substantially while retail gasoline prices have decreased. Crude prices have increased from $75.67 per barrel on October 4 to $100.99 yesterday. During this same period, gasoline prices have decreased 14 cents per gallon.

This seemingly counterintuitive price movement is primarily due to historically weak demand for gasoline counteracting the upward price pressure traditionally expected with higher crude prices.

Fleet Tracking Technology Is Saving US Businesses Millions

Even with the recovering economy, unpredictable fuel prices and increasing insurance costs for vehicles continue to be a challenge for thousands of U.S. businesses. Many companies have discovered that investing in the right technology can be a wise investment at this crucial time.

Whether you manage a fleet of 5 vans or hundreds of fleet vehicles, GPS fleet tracking solutions can improve your bottom line. Wireless fleet tracking systems can put a spotlight on a driver’s habits that consume excessive fuel and emit unnecessary pollution. The most frequent of these activities include excessive speeding, idling and sudden acceleration and stops. Tracking these types of activities is essential to achieving a fuel-efficient fleet.

Pet Owners Flock To GPS Tracking Systems

The increasing use of GPS tracking technology is offering pet owners a new solution for locating roaming cats, missing dogs and other runaway pets. More and more pet owners are using GPS-based tracking systems to locate their missing pets, and with much success.

Experts estimate that roughly half of the pets that enter animal shelters each year are strays or lost animals. If you’ve ever experienced losing your cat or dog, or any type of pet, you know the agony involved in not being able to find a beloved member of your family. Now there’s help – GPS-Based Pet Tracking Systems.

IRS Sect 179 Allows Helps Write-off GPS Tracking System Purchase

Now may be the perfect time to invest in a GPS tracking system since the federal government will essentially pay for a large portion of it. Thanks to the extension and increased deductions with IRS Piggy-BankSection 179, businesses can write off up to $500,000 for equipment purchased during 2011.

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