Motus Reports

2020 Summer Fuel Outlook Report

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ABOUT MOTUS Motus is the defini ve leader in solu ons for businesses with mobile-enabled workforces. The Motus technology pla orm simplifies reimbursement and management of mileage, mobile device and remote work with proprietary so ware that calculates personalized and compliant reimbursements for each employee, while improving employee produc vity and reducing the overall costs of mobility. The company's unmatched living cost data, refined over more than 80 years and updated in real me, has made Motus the leading provider of mobile workforce management solu ons for top Fortune 500 companies. Motus automo ve data, captured and analyzed across the world's largest retained pool of drivers, also underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an individual can deduct for business vehicle expenses. For more informa on please visit www.motus.com or connect with us on Twi er, Facebook, Instagram or LinkedIn. 1 Sta s cal Review of World Energy. Bri sh Petroleum. h ps://www.bp.com/en/global/corporate/energy-economics/sta s cal-review-of-world-energy.html 2 Why is OPEC + con nuing produc on through oil prices crash? Motus. h ps://www.motus.com/oil-prices-crash-oversupplied-oil-market/ 3 Oil Market Report - April 2020. Interna onal Energy Agency. h ps://www.iea.org/reports/oil-market-report-april-2020 4 Short Term Energy Outlook – April 7, 2020. U.S. Energy Informa on Administra on. h ps://www.eia.gov/outlooks/steo/report/global_oil.php 5 Rig Count Overview and Summary Count. Baker Hughes. h ps://rigcount.bakerhughes.com/rig-count-overview 6 Gas Prices Vs. Crude Oil. Bespoke Investment Group. h ps://seekingalpha.com/ar cle/4338724-gas-prices-vs-crude-oil 7 Remote Work: A New Advantage. Motus. h ps://resources.motus.com/reports/motus-remote-work-report 8 Summer Fuels Outlook -April 2020. U.S. Energy Informa on Administra on. h ps://www.eia.gov/outlooks/steo/report/summerfuels.php METHODOLOGY Increase efficiency and flexibility in your business cost structure with a Motus vehicle program. CONTACT US Real- me daily fuel costs are captured via credit card swipes, direct feeds and other survey methods from over 100,000 fueling points across the United States for self-service regular grade gasoline. Fuel pricing captures all applicable federal, state and local taxes. This data is then compiled to produce the monthly fuel average for specific driving territories based on the most populous ci es across all 50 states and the District of Colombia. Vehicle costs are modeled using a composite list of the most common foreign and domes c vehicles and their localized costs across 1,500 areas of the country.

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