Let's bail out Flying J

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Dec 23, 2008 | 09:17 PM

12valve@heart

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From: East Central OK

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

Dec 23, 2008 | 09:40 PM

Scotty

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From: Thanks Don M!

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.

Scotty

Dec 23, 2008 | 09:40 PM

Bark

DTR's Volcano Monitor, Toilet Smuggler, Taser tester, Meteorite enumerator, Quill counter, Match hoarder, Panic Dance Choreographer, Bet losing shrew murderer

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From: Kenai Alaska

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.

Dec 23, 2008 | 09:41 PM

rockcrawler304

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From: Live Oak Texas

They are always the lowest diesel in my area and only a few miles away. I hope this does not mess that up!!

Dec 23, 2008 | 10:41 PM

annabelle

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From: NM

Chapter 11.....truck stops to stay open.

Dec 23, 2008 | 11:13 PM

rockcrawler304

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From: Live Oak Texas

Quote:

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.

Dec 23, 2008 | 11:21 PM

D.Beard

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From: FT BLISS TX

Yeah I hope they stay open also, and I agree with you Rockcrawler they always have the best #2 prices in El Paso

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Dec 24, 2008 | 01:42 AM

dodgeguy71

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From: Near Mt. Pleasant, Tennessee

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?

Dec 24, 2008 | 11:09 AM

Lrdchaos

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From: Tulsa OK

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?

Dec 24, 2008 | 11:17 AM

#10

D2 Cat

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From: south of Kansas City 40 miles

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!

Dec 24, 2008 | 11:23 AM

#11

Lrdchaos

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From: Tulsa OK

You mean being accountable.......Why would the big 3 wanna do anything like that????

Dec 24, 2008 | 11:41 AM

#12

klx650a2

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From: Saskaberia, SK

^^^^ Because its not their fault. No one is responsible or at fault anymore. We even have "no fault" insurance up here...

Dec 24, 2008 | 02:42 PM

#13

74dart

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From: Shelby NC

Quote:

Originally Posted by Lrdchaos

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.