CapMetro powers hundreds of diesel-fueled buses every day for less than $2 per gallon, but those costs are set to multiply in the coming months.
Capital Metro powers hundreds of vehicles with diesel costing less than $2 per gallon. But those prices will run out in about 16 months when fiscal year 2024 begins.
Capital Metro burns through some 4.5 million gallons of diesel per year powering more than 500 buses, vans and commuter trains. That doesn't include all the service vehicles like maintenance trucks and cars for supervisors.. So how is Capital Metro buying diesel for close to a third of what it costs at the pump?
By fiscal 2024, which starts in October 2023, Capital Metro expects to be paying market rate for diesel and gasoline. But fuel still makes up a relatively small portion of the agency's budget. This year, CapMetro planned to spend about $12 million on fuel from an operating budget of $323 million.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Parma donating $2 million in ARPA funds to UH Parma Medical CenterParma’s donation is earmarked toward the replenishment of UH Parma Medical Center’s intensive care unit, cardiac intensive care unit, intensive care step down unit and cardiac care step down unit, as well as for the creation of a Food For Life Market.
Read more »
State awards more than $2 million in Rebuild Alabama fundsA repaving project in Brundidge is among 10 Alabama initiatives to be funded by more than $2 million in state grants through the 2019 Rebuild Alabama Act.
Read more »
California Dems ignore gas tax holiday to investigate high pricesThe California legislature, which has refused to sideline the state’s 51-cent gas tax, will now investigate why prices are so high, topping $7 per gallon in some areas.
Read more »
Historic Gas Prices Could Stay High for a While. Here’s Why.U.S. gas prices have hit a record high and are showing no signs of going down. That’s largely because oil companies are no longer incentivized to drill more as
Read more »