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The Petroleum Motor Transport Association (PMTA) has been in existence since 1928.
Today, PMTA serves the Petroleum Industry through providing annually updated industry averages of vehicle operating rates to its members.
Each year PMTA mails out surveys to U.S. Companies engaged in oil and gas operations. Annually, on December 1st, they publish suggested vehicle operating rates that may be used for the upcoming year.
Most Industry Operating Agreements and Accounting Procedures in effect today reference the industry use of rates suggested by the PMTA as an acceptable method for the Operator to bill vehicle costs for Operator's equipment.
Vehicle Operating Rates for 2011 will be mailed around December 1, 2010. To receive PMTA Rates or participate in PMTA's annual survey, please contact Larry Cagle at:
Additional questions or comments may be emailed to:
Larry Cagle at firstname.lastname@example.org
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