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OMAHA, Neb. -- Littlefield Oil Co. will receive assistance from DTN Fuel Buyer, a business information services company focused on agricultural, energy and weather business markets, in making its future fuel buying decisions.
While a long-time DTN client, Littlefield Oil recently added price export capabilities and additional seats for DTN Fuel Buyer, a source of centralized rack and contract price management. By using DTN Fuel Buyer, Littlefield Oil will be able to streamline operations, improve margins and assist in making important fuel-buying decisions.
"With midday price changes like they are today, fuel purchasers have got to stay on top of what the markets are doing in real-time -- if you're not, it's a real disadvantage," Brad Arterbury, president of Littlefield Oil, said in a released statement. "Working with DTN makes us more efficient in how we dispatch our trucks, how we purchase our fuel and when we actually put it in the ground. It all equals more money to our bottom line."
The new agreement affords Littlefield Oil with centralized control for accurate billing and reconciliation of special deals and contract pricing. In addition, the company can access real-time rack and contract prices with discounts to make the most profitable fuel buying decisions.
"DTN Fuel Buyer is a scalable, affordable solution that helps companies like Littlefield Oil address market price volatility and monitor midday market prices changes," Robert Gordon, chief executive officer for DTN, said in a released statement. "Using DTN Fuel Buyer, multiple groups within an organization can work effectively from a single, convenient source of pricing data."