Fuel drops $.80 a gal now rates are dropping $.80/mi

I feel sorry for anyone pay pump price or close to it the last couple weeks. We have been seeing lots of rebates over $150 per purchase (around $1 per gallon).

 

I am charged for fuel but the last two weeks I didnt pay for it. I made enough back on fuel rebates, percentage fuel surcharge, and the cpm paid by my company that I actually made money off it, about 7-10 cents per mile. Of course, I could have been doing math totally wrong lol.

 

What's the latest on the price change? Still the Middle East trying to drive the local stuff out out business or what?

It was nice to not have to pay more than 30$ to fill my personal vehicle, but I know what the cost of that cut really is...

 

Still the Saudis, at our government's urging, flooding the market with oil to punish Putin. A side benefit is that it lessens pressure on the Obama to acquiesce to the Keystone Pipeline.

 

What worries me is that in the last 10 yrs I have seen the prices fluctuate drastically and so rapidly it makes your head spin.

I'd love to see $1.50 pump prices again,. but at what cost?

Hurst

 

People always want it so cheap, but that's the thing. I wonder how many of them stop and think about what the true cost is.

Sometimes money isn't always the fee paid for cheaper...

 

The cost is wining CEO's and shareholders cause they are losing money. They were foolish enough to build themselves around an unstable commodity, and now they are paying the price. Downside is a lot of oil field employees will lose their jobs.

 

You realize though... That's all a cost. The ceo and shareholders won't lose diddly...we still live in a "me me me" society, and they are at the top of it.