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Australiaโ€™s truckies were already struggling to survive. Then the fuel crisis hit

Truck drivers like Frank Black rely on diesel โ€“ and lots of it. When prices surged the sums stopped adding up. He fears for his industry Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Frank Black is back on t

Australiaโ€™s truckies were already struggling to survive. Then the fuel crisis hit
Guardian Business โ€” 30 May 2026
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Truck drivers like Frank Black rely on diesel โ€“ and lots of it. When prices surged the sums stopped adding up. He fears for his industry

Frank Black is back on the road after two weeks out of work when he spots a sign, a little too far from where heโ€™s standing to make out clearly.

โ€œIs that $2.08 for diesel?โ€ he says. โ€œIโ€™ve gotta check that price out. If thatโ€™s right Iโ€™m gonna fill up!โ€

Itโ€™s not. Diesel hasnโ€™t been that close to $2 since before the war in Iran. Black wonโ€™t be filling up here. He climbs back into his truck, rumbles it to life and continues on his journey.

The 40-year-old trucking veteran has been caught up in the global fuel crisis triggered by the war. Like other truck drivers, he relies on diesel โ€“ and lots of it. Prices rose from about $1.80 a litre to a peak of about $3.20 in April.

As an owner-driver, Black goes by the rule of thumb that one-third of a jobโ€™s pay should go to fuel, one-third to truck maintenance and the remaining third to wages.

But when diesel prices surged, the numbers stopped adding up, forcing him to โ€œparkโ€™ his truck for more than two weeks โ€“ it just wasnโ€™t worth going to work.

Even without a fuel crisis, โ€œwe work on slim margins anywayโ€, Black says, โ€œso the slightest volatility in fuel or any costs is going to put pressure on small operatorsโ€.

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