Why do Gas Prices keep going up?

The production of oil is controlled by oil companies and the governments (as in OPEC) that own their countries’ oil. They can sell it for whatever price they want, as long as someone will buy it. With increased demand from the developing nations and from China,...

What is a Fuel Surcharge?

What is a Fuel Surcharge? A fuel surcharge is what most trucking companies and some business charge for fuel useage, usually based on mileage. This rate is calculated using the DOE (Dept. of Energy) website. That gives national averages. I not sure on exactly how the...

How to calculate fuel?

What is the formula used to calculate cost per mile based on fuel usage only? Miles driven divided by MPG = gallons used. Gallons used multiplied by price per gallon = total price spent for miles driven. Total cost divided into total miles = cost per mile. Example:...