Fuel prices this week

Discussion in 'Experienced Truckers' Advice' started by Dreaman, Oct 24, 2009.

  1. Rat Fink

    Rat Fink Light Load Member

    190
    122
    Nov 18, 2008
    Lethbridge, AB
    0
    We might be seeing it coming back down again soon. DOW is stuggling to maintain levels above 10,000 points. Oil has has been struggling to break through a crucial resistance level and is near the top of its current trading channel. Some analysts are predicting a second drop before christmas time. The US dollar is also starting to gain strength again which has been trading inversly to the price of oil.

    If oil can't break above current resistance levels I think we may see a fall again that will hopefully give you owner operators a little slack with fuel prices.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.