FUEL COST CRISIS * USA - Oil Closes Week Near $126 a Barrel
New York,NY,USA -The Associated Press/Transport Topics -9 May 2008: -- Oil futures jumped for a fifth straight day Friday, shooting past $126 a barrel for the first time and closing the week near that level on the New York Mercantile Exchange... Demand for diesel fuel is growing worldwide, but supplies of distillates, which include diesel and heating oil, fell last week, the Department of Energy said Wednesday... That is in turn pushing U.S. diesel prices to record highs and inflating heating oil prices in the futures market...
* Diesel Fuel Prices Forcing Truckers to Slow Down
Truckers Slow Down To Save Money
Omaha,NE,USA -Action3News -9 May 2008: -- Rising gas prices have some truck drivers are slowing down on the roads. Some drivers, like Dave Smith passing through Omaha, are going five to ten miles an hour slower than the speed limit... "Yes, instead of going 70, I'm going 65," says Smith. Rising fuel costs also have some trucking companies buying new trucks with battery packs... The batteries will be used to provide power, heating and air for the trucks... Truckers are doing everything they can to save money, but if the price of gas keeps going up, some drivers will be flat out of business... "If I can find a $500- or $600-a-week job, I might crawl out of it," says Smith... The American Trucking Association predicts by the end of 2008, truckers will have spent more than $140 billion on fuel...(See Video)
* Solutions: American Ingenuity Cuts the Drag

* Record-high diesel prices have cut into truckers' profits. Members of the House Transportation Committee are searching for solutions
* USA - GAYLORD TRUCKERS HURTING TOO !! - 25 Big Rigs from Gaylord now off the road

Labels: fuel cost crisis
0 Comments:
Post a Comment
<< Home