ECONOMY OIL INC

DOT 119825 MC 217846 Active

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Authority

Contract Carrier

Active

Safety

3 inspections

Vehicle OOS: 33.33% (avg 20.7%)

Driver OOS: 0% (avg 5.5%)

Fleet

7 units

Drivers: 3

Trailers: 0 (0 owned)

Insurance

BIPD Cancelled

Cargo On File

Bond —

Community

No reviews yet

Public record changes detected

2 in the last 6 months

This company's public FMCSA record changed recently. Sign in to see what changed.

Company Details

Physical Address

1234 N 14TH ST, OAKES, ND, 58474-2302

Phone Number

(701) 742-2231

Mailing Address

1234 N 14TH ST, OAKES, ND, 58474-2302

Cell Phone

----

Email Address

[email protected]

Fax Number

(701) 742-3162

Business Organization

CORPORATION

Operational Classification

PRIVATE PROPERTY;AUTHORIZED FOR HIRE

Record Changes

Changes detected on this company's public FMCSA record over the last 2 years (legal name, DBA, phone, email, addresses, authority, insurance on file)

View changes across all companies

Change history on public FMCSA records is available to members.

Authority & Compliance

Operating Status: Active

Authority Status

Common Carrier	Age	Contract Carrier	Age	Broker	Age
—	—	Active	37 yrs, 2 mo	—	—

Common Carrier

—

Contract Carrier

Active

37 yrs, 2 mo

Broker

—

Authority History

Date	Action	Type	Status
2016-01-12	DISCONTINUED REVOCATION	CONTRACT	ACTIVE
2005-12-02	DISCONTINUED REVOCATION	CONTRACT	ACTIVE
1989-05-31	—	MOTOR PROPERTY CONTRACT CARRIER	ACTIVE

Revocation History

No revocation history on record for this carrier.

Insurance & Bond Information

Current insurance coverage and bond requirements by authority type

BIPD Insurance

Bodily Injury & Property Damage

Cancelled

Required for carriers transporting goods. Covers accidents and property damage.

On File: $1,000,000

Required: $750,000

Cargo Insurance

Cargo Liability Coverage

On File

Covers loss or damage to goods being transported.

Status: On File

Required: Yes

Bond Coverage

Broker/Freight Forwarder Bond

—

Required for brokers/freight forwarders ($75K minimum).

Status: Not Required

Required: No (Carriers exempt)

Insurance Requirements by Authority Type

For Profit Carrier

BIPD: $750,000 - $5,000,000 (varies by cargo)
Cargo: Varies by commodity
Bond: Not required

Broker/Freight Forwarder

BIPD: May be required
Cargo: Not typically required
Bond: $75,000 minimum

Insurance Filing History

Effective Date	Type	Policy #	Coverage	Insurer	Cancel Date	Method	Status
2018-02-01	BIPD/Primary	3E032 67	$1,000,000	EMPLOYERS MUTUAL CASUALTY CO.	-	-	ACTIVE
2016-01-11	BIPD/Primary	3E03267	$750,000	EMPLOYERS MUTUAL CASUALTY CO.	2018-02-01	TERM/REPL	CANCELLED
2014-10-27	BIPD/Primary	3E03264	$750,000	EMPLOYERS MUTUAL CASUALTY CO.	2016-01-30	TERM/CANCL	CANCELLED
2005-02-01	BIPD/Primary	3E0-32-67	$750,000	EMPLOYERS MUTUAL CASUALTY CO.	2014-10-27	TERM/REPL	CANCELLED
2005-02-01	BIPD/Excess	3J0-32-67	$750,000	EMPLOYERS MUTUAL CASUALTY CO.	2014-11-26	CANCEL	CANCELLED
2003-02-01	BIPD/Primary	2E8-54-07	$750,000	EMPLOYERS MUTUAL CASUALTY CO.	2005-02-01	TERM/REPL	CANCELLED
2003-02-01	BIPD/Excess	2J8-54-07	$750,000	EMPLOYERS MUTUAL CASUALTY CO.	2005-02-01	TERM/REPL	CANCELLED
2000-02-04	BIPD/Primary	2EO-39-69	$750,000	EMPLOYERS MUTUAL CASUALTY CO.	2003-02-01	TERM/REPL	CANCELLED
2000-02-04	BIPD/Excess	2JO-39-69	$750,000	EMPLOYERS MUTUAL CASUALTY CO.	2003-03-06	TERM/CANCL	CANCELLED
1990-05-01	BIPD	CMG 851441	$750,000	NATIONWIDE AGRIBUSINESS INSUR…	2000-02-20	TERM/CANCL	CANCELLED

Safety Performance

Safety rating: Satisfactory

Vehicle OOS Rate

33.33%

National avg: 20.72%

Above average

3 inspections · 1 OOS

Driver OOS Rate

0.0%

National avg: 5.51%

Below average

1 inspections · 0 OOS

Hazmat OOS Rate

33.33%

National avg: 4.5%

Above average

3 inspections · 1 OOS

Total inspections: 3 Last inspection: Jun 11, 2026 Total crashes: 6

FMCSA Inspection Records (3 total)

Detailed inspection history and violations

Date	Report #	Level	State	Violations	OOS	Vehicle / VIN
Jun 11, 2026	TR82002591	2	ND	1	1	PETERBILT 1XPWA47X...
Aug 6, 2024	TR66004245	2	ND	0	0	PETERBILT 1XP5D69X...
Aug 14, 2023	TR97001936	2	ND	3	0	PTRB 1XPWDP9X...

Jun 11, 2026

TR82002591

1 viol. 1 OOS

Level 2 ND PETERBILT 1XPWA47X...

Aug 6, 2024

TR66004245

Level 2 ND PETERBILT 1XP5D69X...

Aug 14, 2023

TR97001936

3 viol.

Level 2 ND PTRB 1XPWDP9X...

Total Inspections

Across all inspection types

Vehicle Inspections

FMCSA Accident/Crash Records (6 total)

Detailed accident history and severity information

A portion of FMCSA crash records are reported without a carrier identifier and cannot be attributed to a specific company, so they are not shown on individual profiles. The figures below reflect only the crashes FMCSA links to this carrier.

Crash Date	Report #	State	Severity	Injuries	Tow Away
Aug 14, 2007	ND0000144793	ND	Injury	1	Yes
Jul 8, 2002	ND000047746A	ND	Tow Away	0	Yes
May 22, 2002	OH0028135647	OH	Injury	4	No
Jul 1, 2001	ND000029194A	ND	Injury	1	No
Nov 19, 1995	TX005316063C	TX	Injury	1	Yes
Jan 12, 1995	ND000000106A	ND	Injury	2	No

Aug 14, 2007

ND • ND0000144793

Injury

Fatal

Injury

Tow

Yes

Jul 8, 2002

ND • ND000047746A

Tow Away

Fatal

Injury

Tow

Yes

May 22, 2002

OH • OH0028135647

Injury

Fatal

Injury

Tow

Jul 1, 2001

ND • ND000029194A

Injury

Fatal

Injury

Tow

Nov 19, 1995

TX • TX005316063C

Injury

Fatal

Injury

Tow

Yes

Jan 12, 1995

ND • ND000000106A

Injury

Fatal

Injury

Tow

Fatal Crashes

Injury Crashes

Total Crashes

SMS Safety Analysis

BASIC category violations from FMCSA Safety Measurement System

1

Total BASIC Violations

Data from FMCSA SMS

BASIC Category	Violations	Out of Service	Status
Unsafe Driving	0	0	OK
Hours-of-Service Compliance	0	0	OK
Vehicle Maintenance	0	0	OK
Controlled Substances/Alcohol	0	0	OK
Driver Fitness	0	0	OK
Hazardous Materials Compliance	1	1	OK

Unsafe Driving

Violations: 0

OOS: 0

Hours-of-Service Compliance

Violations: 0

OOS: 0

Vehicle Maintenance

Violations: 0

OOS: 0

Controlled Substances/Alcohol

Violations: 0

OOS: 0

Driver Fitness

Violations: 0

OOS: 0

Hazardous Materials Compliance

Violations: 1

OOS: 1

BASIC Categories

Unsafe Driving - Speeding, reckless driving

HOS Compliance - Hours of service violations

Vehicle Maintenance - Brakes, lights, tires

Controlled Substances/Alcohol - Drug/alcohol violations

Driver Fitness - Licensing, medical certs

Hazardous Materials Compliance - Hazardous materials

Industry Benchmark

Compare this carrier's metrics against industry expectations

Metric	Expected Range	Observed	Status
Inspections Based on reported mileage	20 - 200	3	Below Range
Inspections Based on power units used	80 - 220	0	Below Range
Power Units Based on reported mileage	50 - 250	7	Small Fleet

Metric

Expected Range

Observed

Status

Inspections

Based on reported mileage

20 - 200

Below Range

Inspections

Based on power units used

80 - 220

Below Range

Power Units

Based on reported mileage

50 - 250

Small Fleet

Inspections

Based on reported mileage

Expected: 20 - 200 Below Range

Inspections

Based on power units

Expected: 80 - 220 Below Range

Power Units

Based on reported mileage

Expected: 50 - 250 Small Fleet

Equipment & Drivers

Fleet size, equipment ownership, and driver counts

Type	Owned	Term Lease	Trip Lease	Total
Power Units (Tractors)	3	0	0	7
Trailers	0	0	0	0

Owned = Company-owned equipment | Term Lease = Long-term leased | Trip Lease = Per-trip leased

Tractors

3 owned

Trailers

0 owned

Drivers

Total Drivers

CDL Drivers: 3

Interstate: 2

Intrastate: 1

Driver Inspections

Out of Service: 0

OOS Rate: 0%

Driver Distribution

Interstate (>100 mi): 2

Interstate (<100 mi): 0

Intrastate (>100 mi): 0

Intrastate (<100 mi): 1

Cargo & Operations

Cargo types hauled and operational classifications

Cargo Carried

Liquids/Gases

Operation Type

Interstate

Business Organization

CORPORATION

Classification Categories

PRIVATE PROPERTY AUTHORIZED FOR HIRE

Operational Classification

Equipment Overview

Power Units

Trucks

Buses

Commercial Vehicles

Ratings & Reviews

Community ratings from brokers and shippers

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Company Details

Record Changes

Authority & Compliance

Authority Status

Authority History

Revocation History

Insurance & Bond Information

BIPD Insurance

Cargo Insurance

Bond Coverage

Insurance Requirements by Authority Type

Insurance Filing History

Safety Performance

FMCSA Inspection Records (3 total)

Total Inspections

Vehicle Inspections

FMCSA Accident/Crash Records (6 total)

Fatal Crashes

Injury Crashes

Total Crashes

SMS Safety Analysis

1

Unsafe Driving

Hours-of-Service Compliance

Vehicle Maintenance

Controlled Substances/Alcohol

Driver Fitness

Hazardous Materials Compliance

BASIC Categories

Industry Benchmark

Equipment & Drivers

Drivers

Total Drivers

Driver Inspections

Driver Distribution

Cargo & Operations

Cargo Carried

Classification Categories

Operational Classification

Equipment Overview

Ratings & Reviews

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