![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
FUEL COST TROUBLES * USA - Truckers Expect Record High
Truckers see no exit from a fuel price "crisis" and expect diesel bills to break records in 2008 - The cost to fill fuel tanks on a typical tractor trailer has increased 116 percent, or $615, in five years
Washington,DC,USA -Associated Press/Forbes -17 Mar 2008: -- ... The American Trucking Associations said current price forecasts show the industry will spend $135 billion on fuel this year, up from $112.6 billion in 2007... Diesel fuel rose more than a penny overnight to a new record Monday, surpassing a national average of $4 a gallon, up from $2.75 a year ago, according to AAA and the Oil Price Information Service. Meanwhile, light, sweet crude for April delivery fell $3.79 to $106.42 a barrel on the New York Mercantile Exchange in afternoon trading... The ATA is asking Congress and the Bush administration to address the "crisis situation and move immediately to take steps to increase diesel fuel supply," including increased refining capacity and exploration of Alaska's Arctic National Wildlife Refuge and Outer Continental Shelf... Fuel is gaining on labor as the largest expense for motor carriers, said ATA President and Chief Executive Bill Graves. At close to 25 percent of total operating expenses, fuel typically represents the second highest expense... (Picture by LUCAS OLENIUK/TORONTO STAR - With his fuel tank gauge reading empty, John Bisschop shows his frustration at an empty Esso station gas pump at Bathurst St. and Lake Shore Blvd. on Feb. 20, 2007)Labels: fuel costs troubles
posted by Unknown @ 5:54 PM
0 Comments:
Post a Comment
<< Home