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Let's bail out Flying J

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Old 12-23-2008, 09:17 PM
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Let's bail out Flying J

The headline says it all - Flying J Files For Bankruptcy

http://www.newson6.com/Global/story....&nav=menu682_2
Old 12-23-2008, 09:40 PM
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I just went on the Flying J site and since yesterday quite a few of their fuel stops are having supply issues too. Some are out of fuel.

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Old 12-23-2008, 09:40 PM
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Ouch. Saw that http://www.sltrib.com/ci_11288757 . Sounds like the price going up worked out good for them but the rapid drop killed em.
Old 12-23-2008, 09:41 PM
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They are always the lowest diesel in my area and only a few miles away. I hope this does not mess that up!!
Old 12-23-2008, 10:41 PM
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Chapter 11.....truck stops to stay open.
Old 12-23-2008, 11:13 PM
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Originally Posted by annabelle
Chapter 11.....truck stops to stay open.
Yup. I just read that a little bit ago. Glad they will continue operating. Hopefully they get it straightened out.
Old 12-23-2008, 11:21 PM
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Yeah I hope they stay open also, and I agree with you Rockcrawler they always have the best #2 prices in El Paso
Old 12-24-2008, 01:42 AM
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Wow, filing chapter 11, no government involvement? Not laying off a single employee? The people who run the flying J must not be of this planet if they can handle a situation like that. Hope it works out for them, at least their admitting the problem huh?
Old 12-24-2008, 11:09 AM
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Maybe the decline in prices caused it....but I doubt it. They run through so much diesel in a day, that they are right on top of the prices. And when it can go up 12 cents in a day and come down 2 cents in 2 days it doesn't add up. Why are all fuel companies not filing for bankruptcy?
Old 12-24-2008, 11:17 AM
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Maybe Flying J management needs to be assigned to the Ford, GM and Chrysler problem resolution boards. They recognize there is a problem, determine a course of action, and move on!

No asking/pleading for taxpayer dollars to solve their mismanagement predicament.

What an unusual solution!
Old 12-24-2008, 11:23 AM
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You mean being accountable.......Why would the big 3 wanna do anything like that????
Old 12-24-2008, 11:41 AM
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^^^^ Because its not their fault. No one is responsible or at fault anymore. We even have "no fault" insurance up here...
Old 12-24-2008, 02:42 PM
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Originally Posted by Lrdchaos
Maybe the decline in prices caused it....but I doubt it. They run through so much diesel in a day, that they are right on top of the prices. And when it can go up 12 cents in a day and come down 2 cents in 2 days it doesn't add up. Why are all fuel companies not filing for bankruptcy?
According to the second article they used barrels of oil as coliderial on a loan when it was $145 a barrel then when it dropped the had to write all of that off and the companies holding the loan called it.
Old 12-24-2008, 04:36 PM
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$2.04 12/24/08.....down $.04 since Monday.
Old 12-24-2008, 04:46 PM
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must be nice.. best we got is 2.25


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