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Fuel Prices Are Low, So Hit the Road

Friday, October 16, 2009
posted by RollinAlong 1:51 PM

diesel fuel pricesAs most professional drivers and trucking industry veterans would attest, last year was not the best time to be a trucker. This belief has nothing to do with the professional itself or the noble type of work that so many truckers do. It’s just that diesel prices stayed above $4 a gallon for the duration of the summer – for a few weeks, they even flirted with the previously unthinkable $5 mark.

This year, the economic conditions are much more favorable for starting a trucking business. Now that the average diesel fuel prices have stabilized around $2.60, a considerable barrier to entry in the marketplace has been removed. The difference between $2.60 and $4 might not seem like much at first glance, but when extrapolated out across thousands of miles, it becomes clear how much those prices really matter.

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