What is the best way to control fuel costs?

• A. Reducing the number of vehicles in the fleet
• B. Selling and collecting fuel
• C. Increasing rental fees
• D. Encouraging customers to refuel at their convenience

Answer: (B)

Selling and collecting fuel can be an effective way to control fuel costs as it allows a business to manage its own fuel supply chain. By directly handling the purchasing, selling, and refueling processes, an organization can negotiate better rates, ensure cost-effective sourcing, and potentially reduce overall expenses associated with fuel procurement. This strategy also allows for greater flexibility and can lead to the establishment of a more predictable cost model since the organization can set prices or fees based on their fuel costs and desired margins.

In contrast, the other options might not provide a direct or sustainable way to manage fuel costs. For example, reducing the number of vehicles in the fleet may decrease fuel consumption temporarily but could also hinder operational capacity and service coverage. Increasing rental fees may not directly correlate with fuel savings; it primarily affects revenue rather than cost management. Encouraging customers to refuel at their convenience could create a more customer-friendly approach but does not address the need for controlling fuel expenses effectively.