Question for the O/O’s....
I did some research on diesel prices from the last 20 years and I’m wondering...for those of you who have been in it this long...what kind of market trends have you noticed(if any) preceding and following a spike in prices like what we’re seeing. Last time they climbed up towards where they are now was 2013/2014.
Just wondering if historically this coincided with any upswings or downswings. Thanks sorry for length.
Question for 0/0 with 10 years or more experience
Discussion in 'Ask An Owner Operator' started by Big_Red, Mar 4, 2021.
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More has to do with who is President then anything. Pro traditional energy vs pro green energy IMO. Diesel will be over $4 by a year from now.
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Dino soar, Midwest Trucker and Don379 Thank this.
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God prefers Diesels and Midwest Trucker Thank this.
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God prefers Diesels, shooter19802003, Midwest Trucker and 1 other person Thank this.
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The higher fuel is the more I like it....
Just throw a fuel surcharge on that adjusts every week off the doe website.
I havnt seen a downturn that seems tied to fuel prices.........jamespmack and Big_Red Thank this. -
Before that is was a good portion less, but lets not lets facts stand in the way of a good, if incorrect, rant.Socal Xpress, ready2truck and Cat sdp Thank this. -
Right now the pro green crew is in power which its fair to say will likely have a negitive effect on fuel prices. However, your point is also valid insofar as external factors can cause price booms and crashes. For example the insane fuel prices are what caused the oil boom in ND to be so profitable and the crash afterwards. And is also why its unlikely we will see prices shoot back up like they did any time soon insofar as manufactureing costs. Fuel at say $10 a gallon is going to make alt fuel more attractive which puts opec back where they were.
However, its also true our current body of political powers are highly anti-fossile fuel which is very likely to have a negitive impact on us in terms of taxes. How much and how far remains to be seen, but im not hopeful that it will be a light touch.
Stuff like this is why i avoid these kinda topics to be honest. Politics can blind you to facts regardless of party and is always a good way to metaphorically start a bar brawl. Kinda like saying weeny trucks all suck or petes>kennys. Facts that all the above suck in diffrent ways matter less then X insulted Y and i hate that does.God prefers Diesels, shooter19802003, Midwest Trucker and 1 other person Thank this. -
Yeah I’m just saying... pro fracking and natural gas = lower energy prices. (Fuel in this case). Anti fracking and natural gas = higher energy prices. (Fuel). It’s pretty simple. Yes, there can be burps in the system along the way but the over all trend follows how the administration leans. Just the way it is no matter what side you support.
Im glad I invested in more fuel efficient trucks even while fuel was cheap. Positions me as well as can be for the next few years at the least. The downside is I didn’t invest in APU’s which now I’ll have to which will make my per unit cost increase a good $12,000. -
Yeah I guess I should have expected it to turn political in hindsight. That wasn’t my intention behind the question. I’m in my 2nd year as on O/O in heavy haul so after dealing with the covid freeze my “rookie” season im just wondering if there was any trend in order to be preparedCoffey Thanks this.
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