Record-high gas prices are hitting heavy-duty pickup owners hard

Local news
A 2017 Ford F-150 Raptor.(Business Wire visa Associated Press)

A 2017 Ford F-150 Raptor.(Business Wire visa Associated Press)

That silver Dodge Ram Warlock with the 5.7-liter V-8 Hemi engine must have looked pretty sweet when gasoline prices hovered around $4 a gallon. Now, with gasoline topping $6 a gallon at some Los Angeles-area stations, a bit of sour’s been added to the mix.

Record-high gasoline and diesel prices are combusting driver budgets across the land, small car or large. But filling up a pickup truck or truck-size SUV burns hottest, given the extra weight and lower gas mileage that come as a trade-off for utility and size.

Like many, George Moreno uses his pickup for work. The downtown Los Angeles resident runs a warehousing and logistics company. Heavy-duty trucks do most of the work, but he often uses his Ford F-150 for smaller runs. Fuel costs “are so important to us, definitely,” Moreno, 52, said outside the Home Depot in Cypress Park. It’s hard “to keep our prices at a fair level while watching our costs go up.”

At a time of higher inflation, gasoline prices are the most visible manifestation. With a national average of about $3.40 a gallon, the Biden administration is worried — on Tuesday, the president ordered a partial drawdown of the nation’s strategic petroleum reserve to put more oil in the market with hopes to reverse the rise in motor fuel prices.

Read the full story on LATimes.com.

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