Quote:
Originally Posted by cmyx6go
Average cost of diesel in CA was already above $5 per gallon last week. Strap yourselves in boys and girls. Trucks move everything. Costs are skyrocketing and the increases will be passed on to consumers.
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This is bad. The EIA releases the average costs of fuel each Monday for the week. Last week, the National average for diesel was $4.104 and CA was $5.077. This week - National is $4.849 and CA is $5.759. That is a $0.70 per gallon increase in one week.
I track this for work as the cost of fuel is the basis for determining fuel surcharges on freight. Forget about the total which is an all time high, in my 30+ years in this industry, I have never, ever seen a $0.70 per gallon increase in one week.