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Operating cost analysis for Oklahoma — low fuel costs, turnpike expenses, and oil field freight opportunities.
Oklahoma's state diesel tax is 19.0 cents per gallon — among the lowest nationally — plus the 24.4-cent federal tax for a total of 43.4 cents per gallon. Diesel prices average $3.45-$3.75 per gallon, consistently among the cheapest in the nation. A truck running 10,000 miles monthly at 6.5 MPG faces fuel costs of $5,300-$5,800. IFTA filing is required. Love's Travel Stops, headquartered in Oklahoma City, has an extensive Oklahoma network with competitive pricing. The I-40, I-44, and I-35 corridors offer abundant fueling options.
An Oklahoma-based owner-operator with a paid-off truck can expect costs of $1.35-$1.72 per mile. With truck payments, costs increase to $1.60-$2.02 per mile. Breakdown: fuel $0.53-$0.58/mi, turnpike tolls $0.02-$0.05/mi, insurance $0.07-$0.11/mi, maintenance $0.12-$0.17/mi, tires $0.03-$0.05/mi, truck payment $0.15-$0.25/mi, permits $0.01-$0.02/mi, overhead $0.05-$0.07/mi. Oklahoma income tax is 0.25-4.75% (recently reduced). Dry van rates average $2.15/mi, flatbed $2.65/mi. Oil field freight pays $3.00-$5.00+/mi. Love's Travel Stops HQ and other logistics infrastructure support efficient operations. Owner-operators grossing $170,000-$220,000 can net $50,000-$75,000. Very low cost of living enhances purchasing power.