Falling Oil Prices Signal Cost Reduction for Rigid Haul Truck Operation

There's no getting around the practical uses of rigid haul trucks. Without them, the huge loads of the mining industry would be impossible to transport to processing without massive human effort. But there's also no getting around the fact that most heavy moving equipment isn't exactly fuel efficient. That's why the falling oil prices have mining executives feeling cautiously optimistic. Not only do the falling prices benefit the consumer directly through decreased prices at the pumps, but the falling prices have the added benefit of reducing the cost of mining and shipping--which in turn leads to further cost efficiencies down the road. We have no guarantee that the low oil prices will continue to fall or remain static in the short to medium term. To that end, researchers and developers are encouraged to continue in their quest to make heavy equipment more fuel efficient. According to the Rocky Mountain Institute, an organization that had some early success as of 2008, there's still a long way to go in this area:

Within existing technological and logistical constraints, these innovations (which don't include such further opportunities as hybrid-electric powertrains or auxiliary power units to displace idling) could thus cut the average fuel used to move each ton of freight by ~64 percent. This would annually save the current U.S. Class 8 fleet about four billion gallons of diesel fuel and 45 million tonnes of carbon dioxide emissions (Rocky Mountain Institute - Download the PDF abstract here).

Of course, the best possible solution would be continued advancements in the area of fuel efficiency coupled with continued falling oil prices, but we're not sure how future circumstances will favor such an alignment. As the old saying goes, it's hard to make predictions, especially about the future. Remember that we carry a full array of big tires for all of your rigid haul trucks, from 130T up to Ultra Class. Feel free to contact us for the best deals.

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