Rates are crashing and fuel to the moon!

I’m not surprised. With how much guys were making during the pandemic.. I’m sure we have a lot of new comers who rode the wave.

 

The "experts" are expecting the average for gasoline to be $5/gal soon. What's that mean for diesel?

 

Well considering that they are starting to program the pumps for $10/gallon...

 

Yeah I just love seeing the whole country run into the ground with bull #### green policy.

 

Wonder if the average person realize how much fuel prices effect the price of everything they buy. I could care less if fuel is 20 dollars a gallon. I pass the cost down the line.. Paying 80 dollars to fill up my pickup annoys me more than paying 800 to fill up the rig.

 

I realize it is a global trade, and an oil business job is to go where the profits are. OK

BUT does it mean that U.S. domestic oil magnates cannot be patriotic enough to increase the production, just like OPEC was asked to do many times before to mitigate the prices, you know....to help American folks to ease up the pain? After all why all this talk about great American wealth and resources, if an average Joe and Mary can't get a piece of it?
Everybody here wants Old Joe to take the blame but was it him to tell them - those oil field fat cats to shut down drilling or cut down on output?

If there is one bakery in town that has all flower in the world in their stock room, and people are walking hungry, a decent, God fearing baker would try to make more bread...or so I would like to think.

However,
Cheaper fuel is not a remedy for capacity oversaturation - which is what we are dealing with now. I guarantee that the minute you pay 2 dol per gallon, rates are dropping down to 1.75 per mile.

 

Wish i had the ability to post cheap BS freight across the load boards.

Just the ones spending time here beechin would reduce the work force 25%

 

Well then there had better be a fuel subsidy program quick for Carriers as this is a matter of national security. European Carriers have subsidized fuel IIRC. I will be out here serving my Country until l can't. Take it out of the foreign aid being sent to every corner of the planet.

 

You realize he shut down the whole country from Covid. The USA oilfield is not anything like other government ran oilfields as they are independent and have to hire and fire people to make production go. Big Big Difference from other countries.