Welcome back $3 average diesel!

Discussion in 'Ask An Owner Operator' started by scoobertdoo, Jul 7, 2021.

  1. AModelCat

    AModelCat Road Train Member

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    Canuckistan
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    Cool story
     
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  3. jeffman164

    jeffman164 Medium Load Member

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    Like usual - Supply and demand.
     
  4. TallJoe

    TallJoe Road Train Member

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    Hyperinflation was never present in the USA. It was about 15% per year at the period you stated. It was nowhere near hyperinflation - more like 50% price increases per month - which is defined by a total chaos of prices and wages to the point of people resorting to barter trade. For instance, in early 1980s Poland currency was useless to the point of people trading with cigarettes, sugar, gasoline and meat as alternate currency.
     
    MACK E-6 and slow.rider Thank this.
  5. drvrtech77

    drvrtech77 Road Train Member

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    I just happen to gas my car up and I keep all my receipts for that as well and I found a gas receipt from 2019 where I paid $.83 a gallon less in 2019 that I am today…
     
  6. Autocarjockey

    Autocarjockey Bobtail Member

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    I still remember the good ole days when diesel was ALWAYS cheaper than gasoline and pick up trucks were ALWAYS cheaper than a 4 door sedan.
     
  7. Brandonpdx

    Brandonpdx Road Train Member

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    It's up about 90 cents nationally from this week last year. Some areas are up a dollar or more. Keeps trending up too.
     
    bzinger Thanks this.
  8. flood

    flood Road Train Member

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    After company fuel discount my fuel cost is .325cpm
    BUT my fsc this week is .51cpm

    So my net fuel cost is ZERO and I'm paid $112 to put fuel in the truck per day...

    Love higher fuel prices.....
     
  9. ProfessionalNoticer

    ProfessionalNoticer Road Train Member

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    I raise my rates accordingly. Bring it on.
     
  10. scoobertdoo

    scoobertdoo Road Train Member

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    Fuel prices go up, people spend more on fuel, and have less money to buy junk. Less junk bought, means less loads, means excess of trucks, means lower rates. What do you think will happen if all those Amazon flex idiots suddenly lose their loads? Crashing rates.
     
  11. ProfessionalNoticer

    ProfessionalNoticer Road Train Member

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    Then I'll park the truck then. As of now, I'm doing great and will continue to raise my rates accordingly.
     
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