The rate of diesel fuel is rising constantly and they are at their highest with almost dollar 3.25 per gallon. But according to the department of energy the situation is not that bad yet. The prices could be as high as almost 5 dollars per gallon as they were in summer of 08. But still the price is highest of last one year.
The lowermost price for diesel oil charges in 10 was Jan, 4 at $2.7, thus there was almost 18% increase in consumption. In my point of assessment, we’re beholding for equal mechanism to take place in diesel oil rates in 11. That will provide all of us rate of $3.9. I do not see whether it would become that much problem, but still let us stare what’s fronting all of us in diesel oil rates in 11.
* China’s boom continues
* Account ranks goes down continuously
* Economy lingers to improve mist, which would upsurge trucking claim
* Congress is about to make increase in tax over the fuel prices
* Increase in the consumption of oil all over the world
Let us yield a stare at every of such problems, and you will soon realize the base of the problem which empowers everything. Considering all these issues it is sure that the prices will go high in 11. The only thing to look is this that wills the prices go as high as summer of 08 or not. The only thing that can save us from that is the strong govt. policies and that are already going against the prices, which makes sure that the prices will go high, making it difficult to truck diving jobs.
Reasons of high diesel oil price
China and India are such a topic which is going to affect this issue very much. All the people in these countries are going to ride in motorizes bikes and cars leaving the bullock carts and pulling carts behind. The high population of almost 2.5 billion is certain to take a huge amount of oil which makes the consumption high making the demand high and thus making the prices in here very much high. Check our load board for more articles affecting the available loads and owner operator jobs.
Apart from this the fuel needs of the army are also increasing and a lot of oil is going into reserves making the demand even high which makes the prices more up surging. So you must be sure about the increase in price of the oil in America.
The only thing which can stop this from happening is the govt. policies and that too are going against the common people. Certainly the govt. is going to raise the taxes and this will increase the already high prices of the diesel fuel. The only thing that can save this from happening is tax cut and that is not going to happen.
Planning for fuel management
Now a fuel management plan is a very good idea. This can save the waste of a lot of fuel. Making us enable with more availability of fuel. This can positively affect drivers’ employment.