NORTH CAROLINA (WNCN) – Diesel prices are becoming unbearable for some truckers. An independent trucker told CBS 17 that he loses more money on the road than anywhere else.
“Prices are skyrocketing and we’re still not getting good prices on the loads,” said Michal Agboire, who works for Maitland Trucking.
He said it costs around $800 each time to fill up his 18-wheel tank. Today, the national average for diesel hit an all-time high of $5.16 a gallon.
In addition, truckers spend more than $5.29 per gallon along Insterstate-95.
“Things in the grocery store are getting more expensive because of diesel. A cruise will be more expensive. Boarding an airplane is becoming more expensive. It’s going to be more expensive to fill up,” said Patrick DeHaan, senior petroleum analyst at GasBuddy.
DeHaan said demand is outstripping supply as the trucking, airline and cruise industries gain momentum.
“I really don’t see the situation drastically improving anytime soon,” DeHaan said. “It will certainly take time and additional refinery capacity to bring the supply of diesel and kerosene back to reasonable levels.”
DeHaan said how long prices stay up also depends on how long the war in Ukraine lasts. This affects how long sanctions against Russia remain in place.
Truckers we spoke to are hoping for relief at the pump, which is coming sooner rather than later, despite DeHaan’s statements.
“If it goes higher and the price of the cargo doesn’t go up, then maybe we’ll just quit,” Agboire said.
Although fuel costs are highly unpredictable, experts believe high prices could last at least until the fall.
https://www.cbs17.com/news/north-carolina-news/maybe-we-just-call-it-quits-nc-diesel-truckers-finding-filling-their-tanks-becoming-even-more-unbearable/ “Maybe we’ll just stop”; NC diesel truckers find filling up their tanks even more unbearable