Gas prices have been climbing steadily over the past few months, and even though prices look like they will be going down a few cents as usual for the beginning of the summer travel season, the reality is that fuel prices continue to be more than one dollar per gallon more today than they were a year ago.
Due to this sustained increase in fuel prices, we find that we must offset these fuel costs by instituting a fuel surcharge (FSC) on all trips, effective immediately.
The FSC charge will be calculated as a percentage of the base fare, any/all stop, wait time or other extra charges incurred during the trip. The FSC percentage charged will be adjusted automatically, based upon the current cost of fuel as described in the following table.
|When the per gallon price
of fuel is
|The fuel surcharge is figured on the below percentage factored on the base charge only.|
|from $3.01 to $4.00||5%|
|from $4.01 to $5.00||6%|
|from $5.01 to $6.00||7%|
|$6.01 and Above||TBA|
The per gallon price of fuel will be based on the U.S. Retail Gasoline Prices, published weekly by the Dept. of Energy. Gasoline prices must be in the per gallon price range (listed above) for 30 consecutive days before any change to the fuel surcharge will be implemented.
We thank you for your understanding in this matter. Please know that we appreciate and value your business.
Gas prices around the globe
As of last week, the average price of a gallon of gas in California was still over $4.00.
Here’s a sampling of gas prices around the world.
|Japan:||$6.77 a gallon|
|Libya:||52 cents a gallon|
|Venezuela:||12 cents a gallon|
|Germany:||$8.35 a gallon|