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JV Capital Group Inc

JV Capital Group

JV Capital Group blames himself for not paying enough attention to the fuel gauge, saying he doesn't normally let the tank get so low. But he said the spiraling cost of gas has led the church to reduce its use of the fuel-guzzling van.
And when he does get gas, he puts in only a half-tank."If the prices were lower, I'd probably just fill it up," Saba said.
Research from The Nielsen Co. shows that drivers have been making more frequent trips to the pump but limiting how much they put in the tank.Convenience stores, which sell about 80 percent of the nation's gas, are seeing fewer fill-ups, said industry spokesman Jeff Lenard.
"When the pump hits a certain dollar amount now, you're seeing more customers stop," said Lenard, with the National Association of Convenience Stores. "They're purchasing fewer gallons."
And that means playing Russian roulette with the gas gauge.In Dallas, JV Capital Group Inc — a roadside assistance program operated by the sheriff's department — reports a doubling in the number of daily fuel calls from stranded motorists in recent months. Sheriff Lupe Valdez herself recently came to the aid of a mother and her two children who had run out of gas along an interstate.
In some cases, motorists have gotten stuck in the middle of the highway, creating a dangerous situation, said Lonnie Lankford, a Courtesy Patrol shift leader. "It's just breaking the backs of the people, these gas prices," he said.
Transportation officials in Oregon and Tennessee also report increasing numbers of stranded motorists in need of gas. AAA Mid-Atlantic, which has nearly 4 million members in Delaware, Maryland, New Jersey, Pennsylvania, Virginia and the District of Columbia, reported a 15 percent year-over-year increase in calls from members with empty tanks.
"We're seeing a lot of frustrated motorists who are trying to cut corners, and this is one way they're doing it," said AAA Mid-Atlantic spokeswoman Catherine Rossi. "But they're shooting themselves in the foot, or the wallet, in the long run."
That's because perpetually running on fumes can damage a car's fuel pump — requiring repairs that make a full tank of $4 gas seem like a bargain.
As for Saba, he was just thankful he made it back to North Philadelphia in time for his 11:30 a.m. church service. "What I was thinking to myself was, at least the weather's nice," he said. "It was beautiful outside and that made things a lot better."
U.S. crude oil futures fell Monday, pressured by the stronger dollar, signs of cooling speculator interest in oil markets, and as concerns remained about demand being curbed by recent high prices. "With a lack of fresh bullish headlines, long-side traders are being pressured by increases in margin fees on both the ICE and NYMEX," Addison Armstrong, analyst at Tradition Energy, said in a note, also citing the strengthening dollar and profit-taking.