James’s top tip
Keep a balanced portfolio. There is no need to fix prices on all of your fuel volume usage. Instead look to provide protection on a portion of the volume – maybe 50%. This ensures that there is at least some stability in your fuel buying prices.

The Portland Team
James Spencer

James started work at what was then, Mobil Corporation’s UK Refinery (Coryton) in 1994. Having been shouted at by Production Operators for 2 years, he transferred to BP and went on to have a number of roles in Planning, Sales, Logistics and Trading. In 2003, he joined the Bayford Group of Companies (Gulf Petrol Stations, BE Fuelcards) as Group Operations Director, looking after their £500m pa operational portfolio. During this time, he also became Chairman of the Association of UK Oil Independents which represents the petroleum interests of Supermarkets, Importers and Wholesalers in the UK. In 2009, he set up Portland Fuel Price Protection.

James is a graduate of Cambridge University and is married with 3 children. He lives in York.

Direct Line: 01904 570023
Mobile: 07769 818047
Email: james@portland-fuel-price-protection.com

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