What are you guys paying for gas?

[TheJason]

We got 26.5 mpg round trip to Prineville in the boss’s CRV. Price ranges from $4.75 to as low as $4.29 per gallon for 87.

 

[7mm08mo]

3.99 for 87

 

[nrpate05]

Sooo is $4.00 gas part of the "new normal?"

 

[Nick87]

Sooo is $4.00 gas part of the "new normal?"

It is until it isn't just like everything else I suppose.

 

[DouglasR]

Sooo is $4.00 gas part of the "new normal?"

We’re never gonna know if we did too much or too little.

 

[SaskHunter]

Prices are too damn high, I just close my eyes and let Jesus take the wheel now... until I get to the teller and she says sh*t like "Pump 4? That'll be $145, want your receipt?"...

You know what Becky? Yes, at that price I WILL take the f'n receipt... Also, thanks and have an awesome day!

 

[PrairieHunter]

Sooo is $4.00 gas part of the "new normal?"

It seems to be that way.
I just bought steel bar. The 5/8 bar used to be $15 a stick early 2020, now $38.

I used to have a good idea what most things cost, now I have no idea and am often surprised.

Next up will be food as grain prices are going to be all over the place due to the disruptions in global supply chains.

 

[Rhcuam]

What a prosperous and glorious time to be alive.

I wish we could get whatever recession/depression is coming started here soon. The slow build up is the worse part.

 

[hank4elk]

my left nut for reg....if you need diesel it's both

 

[Derek44]

I’ve been watching this thread for a while. I am also an owner operator truck driver. I’ve seen @wllm1313 charts. But here is something from real world stuff. At this point I have about a fifteen cent per gallon leway. I have seen multiple trucks already for sale. If we don’t get a handle on this pretty quickly, we are going to see a supply chain issue that this country in our lives have never seen. I don’t know the answer, but our country better figure it out. I’m tired of the…It’s Biden, it’s not. I’m tired of the… it’s the pandemic…. It’s not. It doesn’t matter the result, it all comes to excuses. The people that have their fingers on the trigger better figure their stuff out before this becomes an issue that we ALL can’t come back from. Everybody needs to open their eyes. Be it investing in electric, limiting travel to necessities only, (many did that for a flu), or whatever it takes, we have to stand up and realize that if we don’t fix this, we’ll all be paying 12$ for a gallon of milk. Sorry. Rant over

 

[SAJ-99]

I’ve been watching this thread for a while. I am also an owner operator truck driver. I’ve seen @wllm1313 charts. But here is something from real world stuff. At this point I have about a fifteen cent per gallon leway. I have seen multiple trucks already for sale. If we don’t get a handle on this pretty quickly, we are going to see a supply chain issue that this country in our lives have never seen. I don’t know the answer, but our country better figure it out. I’m tired of the…It’s Biden, it’s not. I’m tired of the… it’s the pandemic…. It’s not. It doesn’t matter the result, it all comes to excuses. The people that have their fingers on the trigger better figure their stuff out before this becomes an issue that we ALL can’t come back from. Everybody needs to open their eyes. Be it investing in electric, limiting travel to necessities only, (many did that for a flu), or whatever it takes, we have to stand up and realize that if we don’t fix this, we’ll all be paying 12$ for a gallon of milk. Sorry. Rant over

Quick question, how is your rate determined? I assume some business puts out a route for bid, say Peoria to Albuquerque and the independents give the price. Could be completely wrong, so please let us fully understand. I would think that the price of route would increase with fueL cost. No reason for the driver to eat the cost. But again, I really don’t know.

 

[Derek44]

Quick question, how is your rate determined? I assume some business puts out a route for bid, say Peoria to Albuquerque and the independents give the price. Could be completely wrong, so please let us fully understand. I would think that the price of route would increase with fueL cost. No reason for the driver to eat the cost. But again, I really don’t know.

Our rates are based on value of product. Mind you, there are more specifics that play in, but we can only move a product with a specified price that makes sense for everyone involved. (Owner, producer, manufacturer, etc. )

 

[Derek44]

Quick question, how is your rate determined? I assume some business puts out a route for bid, say Peoria to Albuquerque and the independents give the price. Could be completely wrong, so please let us fully understand. I would think that the price of route would increase with fueL cost. No reason for the driver to eat the cost. But again, I really don’t know.

Yes. It’s a per mile basis. But it is calculated on a value of product basis as well. We as owner operators realize that everyone has to benefit from the transfer

 

[SAJ-99]

Yes. It’s a per mile basis. But it is calculated on a value of product basis as well. We as owner operators realize that everyone has to benefit from the transfer

I’m guessing the problem won’t be in supply chain stoppage, but inflation across the chain. Which is kind of what we are seeing. Every owner-operator like you should know your fixed per-mile cost. No one would operate at a loss. There is no reason for businesses to absorb that increase in fuel cost.

 

[Derek44]

I’m guessing the problem won’t be in supply chain stoppage, but inflation across the chain. Which is kind of what we are seeing. Every owner-operator like you should know your fixed per-mile cost. No one would operate at a loss. There is no reason for businesses to absorb that increase in fuel cost.

To some extent yes. However, when there is not enough value in the product shipped, the shipper won’t pay the added cost that is required to get it done. In my industry for example, a sawmill sets the stumpage price of timber. (How much they will pay for delivered logs). That price needs to be divided between the timber owner, log manufacturer, and transportation. When the manufacturing and transportation sector eat up the entire value pie of the product, the timber owner opts out of sending logs period. This can be broken down for most any product across the country with its own little details. Like I stated before, I don’t know the answer, but when you start seeing truck after truck parked with for sale signs in them, it really gets your attention and starts to become a touch scary.

 

[Dave N]

Jumped up to $4.75 this morning for regular.

 

[Stocker]

$5.50 diesel here is finally putting a screeching halt on me moving equipment for people. Guys are balking at prices I’m throwing at them, and I’ve done too much busy work in the past to put wear and tear on stuff for nothing.

 

[Boarmaster]

Going up and down between $3.99 and $4.19 now in SWFL. I use 87.

 

[PrairieHunter]

Yes. It’s a per mile basis. But it is calculated on a value of product basis as well. We as owner operators realize that everyone has to benefit from the transfer

It's also about demand.

In March I moved some loads from White City OR to Lincoln NE. 1,600 miles, $5800
I just got a rate from White City to SLC, 730 miles. $4,850

I complained to my broker and they sent me this.

 

[mevertsen]

It's also about demand.

In March I moved some loads from White City OR to Lincoln NE. 1,600 miles, $5800
I just got a rate from White City to SLC, 730 miles. $4,850

I complained to my broker and they sent me this.

I do not fully understand what that means..

My guess is that the rate should be higher, but because there are so few trucks on the road, truckers are pushing their margins down to get the load? So you have to bid lower to get the load?