Why are we so concerned with fuel prices?

It will turn around, been through this many times.
Every day I see adds wanting sand trucks, and I’m seeing more ( there is a loading site near my home)
Owners will be moving their trucks back to sand hauling, but since new and used trucks are hard to get most will come from existing pool of O/O’s.
There are almost 6000 wells that have been drilled and not completed ( look it up) completing wells take more than sand, lots of equipment and supplies will start moving price of oil will start down. oil producers can’t let their oil just set in the ground and with the high prices greed will take over and another boom will start.

The Keystone pipe line is complete from Cushing Oklahoma to Houston, been open for several years, most of the oil that would be coming from the Canada end is being brought down by train. It is not the great solution every one claims it would be. But we need it and it would be much safer.

 

The short term will be ok like others have said. But eventually with fuel and everything else that follows goes to the moon then the panic starts and people stop spending. Simple as that

 

what’s next?

well fat people becoming healthy because truck stop food to expensive now.

 

Close, fat people becoming healthy because they're broke after filling up their fuel tank.

 

Ouch

 

2 sides of the same coin. Company drivers vs O/O


Need to buy stock in cup of ramen

 

I think a couple things

1- the O/O usually has a way to either increase his bottom line by either working an extra day or two than he did before
By that I mean. A lot of us don’t have to work 365 days a year, I don’t anyway and if it gets bad those who have wiggle room can just stay out that extra couple days to pick up the higher cost

2 - I think most people look at the dollar per gallon, in this case from $3 - $5 and our minds see it as a huge jump
But if it add an additional $0.30 per mile to our operating cost ( just a random number ) we don’t always figure in our rate per mile went up $1 or more in some cases

I know in my case my rates per mile have gone up higher than my fuel per mile has
Sure. Everything is going up but most with a plan should be fine

 

Bingo!! — I’ve been preparing to make the jump for a couple years— debt paid off, cash in the bank, banker lined up along with insurance, paperwork executed ect… — truck/trailer package that were in my price range aren’t anymore and I don’t think the cash I have saved is enough to survive the learning curve so I’ll watch from the sidelines and see what takes place