Quote:
Originally Posted by jeffk
I heard that Fuller can only pick up oil from the terminal if they come with cash in hand, no credit. If true, that's going to be a problem as the season goes on, especially if there is a cold snap and he doesn't have the payments yet to cover the next buy.
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This would make sense. My office is almost across the street from Sprague in Newington. Instead of going in and out of the terminal freely like all the other tankers, the FF tankers will sit on the side of the road and wait for 3 or 4 of them to all go in together. Sometimes they just sit there for hours, presumably waiting for a check to clear? I first noticed this practice shortly after their troubles began in early 2014.