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.
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