HOW HIGH WILL IT GO?

[LOAD IT]

How high will the diesel prices in the US go and at what price would you have to park your rig? Has anyone thought about this?

[mike3fan]

I think the speculators that are driving the price up are gonna get burnt one of these days,I don't think we will see it much higher than it is now until the election.

I get a healthy FSC so there really is no need to shut down for me.

[LOAD IT]

I think the speculators that are driving the price up are gonna get burnt one of these days,I don't think we will see it much higher than it is now until the election.

I get a healthy FSC so there really is no need to shut down for me.

Tomorrow night there is going to be a news story on how the price of fuel is affecting families with RV's. That got me to thinking what is our economy going to do when trucks start getting parked due to the high price of fuel and the cost per mile to fuel the truck. I will be sure to tune in and see how the Griswalds are going to run the RV now.

[RostyC]

I don't have a truck running yet but I can tell you it's affected my personal driving. I make my wife walk to the store for groceries now. :wink:

I think Mike is right and it's what I've been thinking for a while, it's going to come crashing down, when is the question. Common sense tells you the price is not justified. Look at the housing market. Everyone knew it was overinflated and it crashed hard.

In my construction business, it's affected the areas I'll go to for work as far as a radius, unless they accept my price, which includes fuel. Also I try to line things up to make the most out of every trip, which can be tough sometimes but doable.

[Orange Andy]

I think the record recent weakness of our US dollar vs. other currencies is the culprit now. Not a oil supply/demand imbalance.

When we import such a high % of our total consumed oil, we need HARD bucks to pay and keep it cheap.

Much of this situation can be laid directly at the feet of the current Bush administration for not cutting spending when they had the House and Senate, And if you notice, after the recent election is exactly when the spot prices started their spike toward 100.00 a barrel. That is speculators sensed a bad situation likely would get worse, and more dollars would need to be printed by the Federal Reserve to avoid a severe credit crunch and deep recession.

But the billionaire libs are not innocent either. Guys like George Soros , and Warren Buffet and their allies are shorting the dollar on the monetary exchanges in huge market changing amounts. Why? I believe their hope is that we fire all republicans for our pain at the pump, in Nov. 2008. Remember Soros has already been convicted of this years ago in France and served time for it there, and was tossed from that country.

Wish I had an answer. Cant count on politicians though, so can only hope the stock market can stay attractive to bulls so hedge fund managers quit running their cash into commodities like OIL and gold, etc, and back into equities.

[BanditsCousin]

I'll drive at 8 bucks a gallon. My FSC keeps up with the rising transportation costs of doing business.

my fuel only cost 1.249

[Mandilon]

How high will the diesel prices in the US go and at what price would you have to park your rig? Has anyone thought about this?

The trucking industry *in general* will NEVER STOP, -C-A-N-'T.

It's 'the flakies' that'll B weeded OUT, -THEN rates will A-U-T-O-M-A-T-I-C-A-L-L-Y climb 2 *accommodate* the survivors.

SAVE fuel, -STOP accommodating the islamic TERRORTITS!

God BLESS AMERICA!

[rank]

How high will the diesel prices in the US go and at what price would you have to park your rig? Has anyone thought about this?

Yep. At a fuel cost of $4.50/mile we'd be working for free. Ain't nobody working for free last time I checked so we'd pack it in long before that. Right now our fuel cost is $.66/mile so we've got another year anyway.

:shock:

[LOAD IT]

How high will the diesel prices in the US go and at what price would you have to park your rig? Has anyone thought about this?

Yep. At a fuel cost of $4.50/mile we'd be working for free. Ain't nobody working for free last time I checked so we'd pack it in long before that. Right now our fuel cost is $.66/mile so we've got another year anyway.

:shock:

I've got a few in that range and 1 at 70 cpm. I keep preaching save fuel and they keep blowing out the smoke stack. 70 cpm fuel + 40 cpm pay dont leave much to do the rest. Tisk, tisk

[rank]

I hear ya LOADIT.

$.70 + $.40 = go buy yer own truck buddy.

[allan5oh]

Go higher! please!

At $4.80 a gallon, the FSC pays MY ENTIRE FUEL BILL!

[RostyC]

Go higher! please!

At $4.80 a gallon, the FSC pays MY ENTIRE FUEL BILL!

At 4.80 a gallon there might not be much freight to haul except fuel. I know I've cut back on play money and will cut back further the more I have to spend on fuel.

[finger_lakes]

For the sake of us newbies can you explain what FSC is and how it works?

[GMAN]

The fsc (fuel surcharge) is a means to provide some stability to rapidly fluctuating fuel prices. It is designed to fix the price the owner pays for his fuel. It will vary from one company to another, but seems to lie somewhere between keeping prices between $1.19-1.29/gallon. Prices are currently adjusted weekly based upon the national fuel index which comes out on Mondays. Using the lower figure of $1.19 and assuming fuel is at $3.59/gallon you subtract the base price of $1.19 from $3.59 = $2.40. This is the difference between the current price of fuel and the base price. If the carrier uses 6 mpg as their base then you divide the mpg rate (6 mpg) into the difference ($2.40) and the result is $0.40/mile fsc. If the carrier uses 5 mpg then the fsc is $0.48/mile. The entire fsc should go to the person who owns the truck. Some brokers and carriers are not passing all of the fsc along to the owner. Not all shippers pay the fsc. It can also vary from one shipper to another. But this is how most calculate their fsc. Some will use a percentage of the line haul rate. In order to be accurate, you need to find what the shipper or carrier uses for the base rate.