High Price Of Diesel Fuel Costs You, Too - Cincinnati News, Weather, Sports from FOX19 NOW-WXIX

High Price Of Diesel Fuel Costs You, Too

If you drive an  SUV, it might be taking you close to a hundred bucks to fill up.

But what about having to fill a 200 gallon tank for an 18-wheel behemoth?

Trucking companies are spending two and a half times what they used to on fuel, and guess who's footing the bill?

Car drivers aren't the only ones keeping an eye on the gas prices, which are expected to hit the $4 mark by spring.

Diesel prices are skyrocketing and that's not good for truckers or your pocketbook.

Long Haul trucker James Tomey just spent $775 on 216 gallons of diesel fuel to keep his big rig rolling.

"What we're spending on diesel fuel today, five years ago I spent in a week. And I spent that much in two days," said Tomey.

Now multiply that times hundreds of trucks, thousands of trips and you understand the pinch that trucking companies feel every time they pay their fuel bill.

"From 2004, we would have spent $250,000, now we spend $700,000 of fuel each month," said Steve Hall from RRR Express.

Hall says his company looks for ways to reduce fuel consumption, from drivers taking trucks home to purchasing auxiliary power units on the tractors. Still, they didn't expect such high diesel prices.

"We looked at last year in pricing our fuel cost and we already misjudged that again. Our fuel costs are already 3.5 percentage points higher than what we anticipated," said Hall

And as fuel prices continue to climb, so will the cost of the products these trucks are shipping.

"Anything that has to be transported, the increased cost is going to have to be shared by everyone," said Hall.

That means we'll pay more, just as Tomey expects he'll have to pay even more at the pump.

"A couple of months ago they said $4 a gallon and I thought they were kidding, but I'm about to believe it now," he said.

Just two days ago, diesel prices hit a record high across the country of $3.54. One of the truckers said he was just in Pennsylvania, where it was almost $3.80 a gallon.

FOX19.com: Jill Eichorn

  • FOX19 HeadlinesMore>>

  • Trump says he'll be 'signing something' on detained children

    Trump says he'll be 'signing something' on detained children

    Wednesday, June 20 2018 11:21 AM EDT2018-06-20 15:21:21 GMT
    Wednesday, June 20 2018 1:15 PM EDT2018-06-20 17:15:04 GMT
    A boy stares out of a heavily tinted bus window leaving a U.S. Customs and Border Protection facility Tuesday in McAllen, TX. (AP Photo/Eric Gay)A boy stares out of a heavily tinted bus window leaving a U.S. Customs and Border Protection facility Tuesday in McAllen, TX. (AP Photo/Eric Gay)

    Homeland Security Secretary Kirstjen Nielsen is drafting an executive action for President Donald Trump that would direct DHS to keep families apprehended at the border together during detention and ask the...

    Full Story >

    Homeland Security Secretary Kirstjen Nielsen is drafting an executive action for President Donald Trump that would direct DHS to keep families apprehended at the border together during detention and ask the Department of Defense to help house them.

    Full Story >
  • Israel strikes Hamas after heavy rocket attacks from Gaza

    Israel strikes Hamas after heavy rocket attacks from Gaza

    Wednesday, June 20 2018 1:41 AM EDT2018-06-20 05:41:14 GMT
    Wednesday, June 20 2018 1:14 PM EDT2018-06-20 17:14:18 GMT
    Israel's military says its warplanes have struck some 25 Hamas positions in Gaza after Palestinian militants fired dozens of rockets and mortars at southern communities.Full Story >
    Israel's military says its warplanes have struck some 25 Hamas positions in Gaza after Palestinian militants fired dozens of rockets and mortars at southern communities.Full Story >
  • APNewsBreak: Youngest migrants held in 'tender age' shelters

    APNewsBreak: Youngest migrants held in 'tender age' shelters

    Tuesday, June 19 2018 9:12 PM EDT2018-06-20 01:12:25 GMT
    Wednesday, June 20 2018 1:13 PM EDT2018-06-20 17:13:03 GMT
    Nicole Hernandez, of the Mexican state of Guerrero, holds on to her mother as they wait with other families to request political asylum in the United States, across the border in Tijuana, Mexico, on Wednesday, June 13, 2018. (AP Photo/Gregory Bull)Nicole Hernandez, of the Mexican state of Guerrero, holds on to her mother as they wait with other families to request political asylum in the United States, across the border in Tijuana, Mexico, on Wednesday, June 13, 2018. (AP Photo/Gregory Bull)

    Migrant babies and young children are being held in special "tender age" shelters after being taken from their parents at the US-Mexico border.

    Full Story >

    Migrant babies and young children are being held in special "tender age" shelters after being taken from their parents at the US-Mexico border.

    Full Story >
Powered by Frankly