Perfect Fuel Prices!

The problem is they can find someone cheaper to pay, but guess what? With these fuel prices there won't be too many "cheap" o/o's out there to haul their load. You won't find me hauling cheap loads, and nobody else should! O/O's have dug their own graves by hauling for the brokers so cheap because we have now showed them that someone will haul it for that price. Think about that everytime you pull a load where you aint making crap, if you take it.

 

I hope a admin steps in and see what you wrote in bold there..I am not stupid and if your going to insult people maybe you should get a life..

There a lots of smarter and older Truckers out there that have been weighing on the matter..

Face it there PAL fuel prices are killing the economy and if you think that the economy is great..I have a bridge for you that will Span to China...

 

Well what do you want to call someone that hauls a load for nothing? Fuel prices are just a cost of operations, when something goes up, the freight rate I charge goes up! I guess I am the stupid one then, but you won't see me selling my truck or striking anytime soon. I could care less if the fuel goes up to $20 a gallon, trust me I will be getting paid for that.

 

You are missing the whole point of what I am saying and others are telling you...Good luck and let us know how your doing in a month

 

I will and you do the same! Good luck with the free handout strike!

 

What hand out are they looking for please explain in detail

 

While this would in all reality help lead to a permanent solution, no one would see the benefit of this for probably almost ten years.

 

Please forgive me for weighing in here. I am new to this forum, having discovered it a few days ago, in my efforts to investigate the feasability of becoming an o/o.

I have no experience in trucking or matters of the industry.

Having said that, I have spent the last three days doing nothing else but reading these threads.

My two cents worth.........

Talking about anwar.....more drilling....refineries etc etc is not going to have any effect on the current and rising fuel costs. All these things probably should be done, but if everything on this list was to be implemented tomorrow, it would take many, many years to see the effects in lower fuel costs.

The other argument put forth here, revolves around freight costs and pricing. Herein lies a catch 22 situation for so many o/o's. A guy is quite happy to take a good paying run in one direction. But his dilema........he needs to take a lousy paying run going back, just to up his monthly gross.
Nobody will survive in business doing that for too long. If you don't make profit .......you die. Hoping things will improve won't make them improve.

Having read so many of these threads I am now thinking this is a great time to go into this business. The guys that are prepared to work for buttons will slowly dissappear. Freight charges will increase to allow for increased costs. Freight will always need to be moved. Getting paid to move it will always continue. The strong survivors will dictate the pricing.

The only other meaningfull suggestion put forth in this thread seems to be the argument, to have a mandatory FSC. This has it's merits. However I wonder, if it were to be implemented, would one of the downsides be that, it might lead to trucks blazing down the highways and byways of the U.S. at 85 miles per hour. Would there be any reason to conserve fuel ?

Perhaps I could make a suggestion of my own. Please bear in mind that I don't know what the heck I'm talking about and I don't want to come across as a smart xxx.

What if FSC were to be banned entirely. No company is allowed to charge it. Would the freight rates then not have to automatically increase ?

All the best............and I hope things get better for you guys soon. Get out your calcalators.......charge what you need to make profit.



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What most are not getting is the fact that if restrictions were lifted today, the speculators would react and crude futures would significantly reflect the reaction and drop.

 

Ron...........with all due respect, this would not effect the price of oil one iota. There are loads of untapped oil resourses around the world. Colombia, South America recently began the process of auctioning off huge exploration blocks to Exxon, Chevron and Royal Dutch. There are believed to be even greater quantities of oil there, than in Venezuela, who are one of the largest exporters in the world. Colombia is a major friend of the US and the oldest democracy in South America.


There are huge reserves in all parts of the world. Exploration licenses are awarded frequently. In the Western Atlantic, nearby to the tiny island of Rockall there are believed to be even greater reserves than in the North Sea, which is only 100 miles away and is currently being drilled.


Oil prices are affected by very short term and current events. A few weeks ago when Chavez of Venezuela and Correo of Ecuador cut off diplomatic relations with Colombia and a war was very much on the cards, oil went up $6 a barrell. At the Rio summit of Latin American leaders a few days later, Chavez smirked when he got up to speak. He was smiling as he said, " well, whatever about our little problem here, oil went up $6 a barrell, and that is great " He knew his threats of war, over what was essentially a little issue, would increase the price of the oil that he exports.


There are many factors that come into play when it comes to the price of a barrell of crude. The most significant of these is supply and demand. The OPEC countries are in the position to control supply to achieve higher prices. Huge developing countries , like China, are causing massive additional demand.

If oil were about to flow down a pipeline from Alaska in a matter of weeks and there were refineries already built to handle it. Yes, it would bring down prices. But you would need to be able to smell the crude before this would happen. That, at best, is many, many years away.


The price of a gallon of fuel should not have any effect on your ability to make a profit as a trucker, on each run you make. Yes, it will have an effect on the number of runs you get. Huge oil prices will effect the overall economy. There may be less houses being built and less roads and less activity. Hence, perhaps, less goods being shipped.


But, your pricing should be based on your costs and the amount you need for profit. If a gallon of fuel were to reach $10 it should not make any difference to you making a profit on each run you make.

All the best.


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