Moving: New Texas Gold: U-Hauls

New Texas Gold: U-Hauls

U-Haul customers in the oil-producing regions of Texas and Louisiana are understandably upset. In those areas, the price of renting a truck or trailer from the do-it-yourself moving company seems to have shot out of reason. It costs $2,009, for example, to hire a 24-ft. U-Haul truck for a move from Midland, Texas, to Jacksonville. A Florida resident can rent the same truck in the opposite direction for only $744.

The fallen price of petroleum, says an executive for Arizona-based U-Haul, has spawned an exodus from the oil towns and caused shortages of U-Haul equipment. In May and June, the company...

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