CUSTOM HOME Survey Results: Gasoline Prices

1 MIN READ

Earlier this month, we asked CUSTOM HOME readers how the rising cost of gasoline was affecting business, and what they were doing to mitigate the extra expense.

About 40 percent shrugged off high fuel prices, saying they were not a new problem, just the usual cost of doing business. But 60 percent reported that price increases are killing—or at least crippling—their businesses.

So how are they dealing with $4-plus-a-gallon gasoline? Here are some of the more interesting or more common solutions:

  • consolidate trips

  • restrict market area to keep jobs as close to home base as possible

  • Arrange to have crews carpool to job sites

  • pull all fleet vehicles and pay crews mileage for using their own vehicles

  • cut the work week from five to four days

  • switch from trucks to more fuel-efficient vehicles for site visits

  • downsize from V8 to V6 vehicles

  • restrict the use of company vehicles to work hours only

  • reduce trailer hauling by storing tools and materials on the job site

  • communicate with the field via phone, email, and digital photos

  • replace weekly status meetings with conference calls

  • consolidate material orders and deliveries to minimize supplier fuel charges

  • pass fuel costs on to the client

  • absorb the cost

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