The Car and Truck Fleet and Leasing Management Magazine

ATA Expresses Concern Over Diesel Prices

February 21, 2003

American Trucking Associations (ATA) President and CEO Bill Graves, in a Feb. 7, 2003 letter to President Bush, expressed concern that recent diesel price hikes will have “devastating impacts on the trucking industry.” In the letter, Graves said it now costs a motor carrier approximately $120 more each time it refuels a truck compared with the same time last year. Graves, who sent President Bush a similar letter on Jan. 13, 2003, said that in the several weeks since sending his first letter the trucking industry has spent an additional $36 million on diesel fuel. Graves concluded that the best option is for President Bush to authorize a release from the Strategic Petroleum Reserve (SPR) to “avert a potential crisis in the domestic refinery system as a result of extremely tight crude oil stocks.” Graves added that a release from the SPR would also help alleviate potential additional price increases in the event of war in Iraq.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

Charles Bowen has been retired from the transportation industry since Sept. 15, 2011.

Read more

Up Next

More From The World's Largest Fleet Publisher