To be able to accurately predict the future of fuel, it’s critical
There is more to fueling at an airport than jet fuel. Sure, the big, majestic things with wings get most of the attention. However, travelers might be upset if their pressurized flying tube has jet fuel in it but no baggage or beverages. Jet fuel may get all of the love, but tugs, baggage carriers, catering vehicles, and deicers need fuel, too.
Messing up mother earth can be expensive. If you own or operate a fuel Underground Storage Tank (UST), then it is in your best interest to make sure the tank is not leaking. The EPA reports that the average clean-up from a contaminated is $130,000. Preventing the “average” clean-up expense can be as simple as making sure your tanks are properly managed.
In the early 1990’s a newly formed energy company was growing rapidly. The firm dominated the energy futures trading market. It reported enormous profits and was a darling of Wall Street. The company’s balance sheet reported over $60 billion in assets. The company was Enron.
Of all the problems that keep you up at night, maintaining your fuel island is not likely one of them. Fueling equipment maintenance is not fun. It is not sexy. Maintenance is not glamourous, but it is necessary. You have made the investment for a bulk fuel island in hopes of saving money on fuel. Ignoring the maintenance is not free to you.