UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549
                                 FORM 10-Q

[X]QUARTERLY  REPORT  PURSUANT TO SECTION 13 OR 15(d)  OF  THE  SECURITIES
   EXCHANGE ACT OF 1934
             For the quarterly period ended December 31, 2001
                                    OR

[ ]TRANSITION  REPORT  PURSUANT TO SECTION 13 OR 15(d) OF  THE  SECURITIES
   EXCHANGE ACT OF 1934

                     Commission File Number 000-21825


                      STREICHER MOBILE FUELING, INC.
                 (Exact name of registrant as specified in
                               its charter)

           Florida                                65-0707824
   (State of Incorporation)          (IRS Employer Identification Number)

800 West Cypress Creek Road, Suite 580, Fort Lauderdale, Florida,33309
       (Address of principal executive offices)               (Zip Code)

                              (954) 308-4200
             (Issuer's telephone number, including area code)


     Indicate by check mark whether the registrant has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that
the registrant was required to file such reports) and has been subject to
such filing requirements for the past 90 days.
Yes [X].    No [ ].

     As  of February 14, 2002, 7,202,522 shares of the Registrant's common
stock were outstanding.

                      STREICHER MOBILE FUELING, INC.

                                 FORM 10-Q

                                   INDEX

Form 10-Q Part and Item No.
---------------------------

Part I-Financial Information

  Item 1.Condensed Consolidated Financial Statements

         Condensed Consolidated Balance Sheets as of December 31,
          2001 (unaudited) and June 30, 2001 (unaudited)               3

         Condensed Consolidated Statements of Operations for the
          three and six months ended December 31, 2001 (unaudited)
          and 2000 (unaudited)                                         4

         Condensed Consolidated Statements of Cash Flows for the
          six months ended December 31, 2001(unaudited) and 2000
          (unaudited)                                                   5

         Notes to Condensed Consolidated Financial Statements
          (unaudited)                                                   6

  Item 2.Management's Discussion and Analysis of Financial Condition and
          Results of Operations                                         9

  Item 3.Quantitative and Qualitative Disclosures About Market Risk    17

Part II - Other Information

  Items 1 - 6                                                          17

  Signature Page                                                       19



              STREICHER MOBILE FUELING, INC. AND SUBSIDIARIES
                   CONDENSED CONSOLIDATED BALANCE SHEETS
                    DECEMBER 31, 2001 and JUNE 30, 2001
                                (Unaudited)


<TABLE>
<CAPTION>

                 ASSETS                      December 31,       June 30,
                                                 2001             2001
----------------------------------------     -----------        --------

<S>                                       <C>            <C>
Current Assets:
  Cash and cash equivalents               $     182,610  $         6,206
  Restricted cash                               335,875          224,232
  Accounts receivable, net                    7,011,201        8,669,199
  Inventories                                   222,379          253,705
  Prepaid expenses and other
   current assets                               546,236          587,914
                                          -------------     ------------
      Total current assets                    8,298,301        9,741,256
                                          -------------     ------------

Property and Equipment:
  Land                                          223,579          223,579
  Leasehold improvements                        139,987          139,987
  Fuel trucks and automobiles                14,684,012       14,842,878
  Machinery and equipment                     1,097,842        1,054,031
  Furniture and fixtures                        291,412          285,760
  Construction in process                        44,493           29,977
                                          -------------    -------------
                                             16,481,325       16,576,212
      Less accumulated depreciation
       and amortization                      (5,609,657)      (4,927,278)
                                          -------------    -------------
                                             10,871,668       11,648,934
                                          -------------    -------------

Account receivable from related party           608,306          583,015
Other assets                                    235,466          220,678
                                          -------------    -------------

      Total assets                        $  20,013,741    $  22,193,883
                                          =============    =============

LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
  Bank overdraft                          $     172,492    $     318,349
  Bank line of credit payable                 5,849,896        6,904,465
  Current portion of long-term debt           2,218,516        2,153,876
  Accounts payable                            1,628,432        2,365,594
  Accrued expenses                              768,242          966,990
  Customer deposits                             139,095          124,495
                                          -------------    -------------
      Total current liabilities              10,776,673       12,833,769

Long-term Liabilities:
  Convertible subordinated promissory
   notes, excluding current portion           2,700,400        1,000,400
  Long-term debt, excluding
   current portion                            3,793,321        5,028,144
                                          -------------    -------------

      Total liabilities                      17,270,394       18,862,313

Shareholders' Equity:
  Common stock                                   45,232           43,675
  Additional paid-in capital                  8,196,033        7,963,907
  Accumulated deficit                        (5,497,918)      (4,676,012)
                                          -------------    -------------
      Total shareholders' equity              2,743,347        3,331,570
                                          -------------    -------------
      Total liabilities and
       shareholders' equity               $  20,013,741    $  22,193,883
                                            ===========      ===========
</TABLE>

         See Notes to Condensed Consolidated Financial Statements.




              STREICHER MOBILE FUELING, INC. AND SUBSIDIARIES
              CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                 FOR THE THREE AND SIX MONTH PERIODS ENDED
                        DECEMBER 31, 2001 AND 2000
                                (Unaudited)


<TABLE>
<CAPTION>

                   Three Month Period Ended       Six Month Period Ended
                        December 31,                   December 31,
                  -------------------------       ----------------------
                       2001           2000           2001          2000
                    ----------     ----------     ----------     --------

<S>               <C>            <C>            <C>            <C>
Revenues          $   9,867,192  $  16,348,134  $  22,166,247  $32,923,522
Fuel taxes            4,392,701      4,993,441      8,702,607   10,268,516
                  ------------   ------------   ------------   -----------
   Total revenues    14,259,893     21,341,575     30,868,854   43,192,038
                   ------------   ------------   ------------  -----------

Cost of sales         8,902,499     15,824,020     20,034,874   31,402,639
Fuel taxes            4,392,701      4,993,441      8,702,607   10,268,516
                   ------------   ------------   ------------  -----------
   Total cost
    of sales         13,295,200     20,817,461     28,737,481   41,671,155
                   ------------   ------------   ------------  -----------

   Gross profit         964,693        524,114      2,131,373    1,520,833

Selling, general
 and administrative
 expenses             1,146,626        727,193      2,280,702    1,368,429
                   ------------   ------------   ------------  -----------

   Operating (loss)
    profit             (181,933)      (203,079)      (149,329)     152,454

Interest expense       (347,006)      (430,997)      (700,390)    (839,137)
Interest and
 other income            14,166         25,833         27,813       39,961
                   ------------   ------------   ------------  -----------

   Net loss       $   (514,773)  $    (608,243)  $  (821,906)  $  (646,722)
                  ============   =============  ============   ===========

Basic and diluted
 loss per share   $      (0.11)  $       (0.22) $      (0.18)  $     (0.24)
                  ============   =============  ============   ===========

Basic and diluted
 weighted average
  common shares
  outstanding        4,520,994       2,712,600     4,451,319     2,712,600
                  ============   =============  ============   ===========
</TABLE>

         See Notes to Condensed Consolidated Financial Statements.


              STREICHER MOBILE FUELING, INC, AND SUBSIDIARIES
              CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
        FOR THE SIX MONTH PERIODS ENDED DECEMBER 31, 2001 and 2000
                                Unaudited)


<TABLE>
<CAPTION>

                                                 2001              2000
                                              ---------          --------

<S>                                        <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
   Net loss                                $    (821,906)   $    (646,722)
   Adjustments to reconcile net loss
    to net cash provided by (used in)
    operating activities:
   Depreciation and amortization                 732,097          694,383
   (Gain) loss on disposal of asset               (9,748)           4,564
   Provision for doubtful accounts                98,000           45,000
   Changes in operating assets and liabilities:
      (Increase) decrease in restricted cash    (111,643)          75,439
      Decrease (increase) in accounts
       receivable                              1,559,998         (682,595)
      Decrease (increase) in inventories          31,326          (56,036)
      Decrease (increase) in prepaid expenses
       and other current assets                   41,678         (412,784)
      Increase in other assets                   (14,788)         (11,978)
      Decrease in accounts payable              (737,162)         (49,660)
      Decrease in accrued expenses              (165,065)         (10,207)
      Increase in customer deposits               14,600                -
                                            ------------     ------------
     Net cash provided by  (used in)
      operating activities                       617,387       (1,050,596)
                                            ------------     ------------

CASH FLOWS FROM INVESTING ACTIVITIES:
   Purchases of property and equipment           (69,586)        (250,137)
   Proceeds from disposal of equipment           124,503                -
   Account receivable from related party         (25,291)         (16,423)
                                           ------------      ------------
   Net cash provided by (used in)
    investing activities                          29,626         (266,560)
                                            ------------     ------------

CASH FLOWS FROM FINANCING ACTIVITIES:
   Decrease in bank overdraft                   (145,857)        (128,635)
   Net (payments) borrowings under
    line of credit                            (1,054,569)         848,734
   Proceeds from issuance of convertible
    subordinated promissory notes              1,700,000          500,000
   Borrowings under long-term debt                     -          194,830
   Principal payments on long-term debt       (1,170,183)               -
   Proceeds from issuance of common stock        200,000          (49,379)
                                            ------------     ------------
      Net cash (used in) provided by
       financing activities                     (470,609)       1,365,550
                                            ------------     ------------

NET INCREASE IN CASH AND CASH EQUIVALENTS        176,404           48,394

CASH AND CASH EQUIVALENTS,
 beginning of period                               6,206           75,656
                                            ------------     ------------
CASH AND CASH EQUIVALENTS,
 end of period                             $     182,610   $      124,050
                                            ============    =============

SUPPLEMENTAL DISCLOSURE OF CASH
 FLOW INFORMATION:
   Cash paid for-
      Interest                             $     624,724   $      831,085
                                            ============    =============

SUPPLEMENTAL SCHEDULE OF NON-CASH
 FINANCING ACTIVITIES:
   Issuance of common stock in lieu
    of interest payment on subordinated
    convertible promissory notes           $      33,683   $            -
                                            ============   ==============
</TABLE>



         See Notes to Condensed Consolidated Financial Statements.


                      STREICHER MOBILE FUELING, INC.
           NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                        DECEMBER 31, 2001 AND 2000
                                (Unaudited)


(1)  NATURE OF OPERATIONS

     Streicher Mobile Fueling, Inc. (the "Company") delivers mechanized
mobile fleet fueling and electronic fuel management primarily to customers
that operate large fleets of vehicles (such as governmental agencies,
utilities, major trucking lines, hauling and delivery services, and
national courier services).  At December 31, 2001, the Company had
operations in California, Florida, Georgia, Tennessee and Texas.

     The Company generates all of its revenue from selling fuel and
providing mobile fueling services. Revenue is comprised principally of
sales of gasoline and diesel fuel and related delivery service charges.
Cost of sales is comprised principally of the cost of fuel and
transportation costs (primarily payroll and delivery vehicle operating
expenses). Included in both revenue and cost of sales are federal and
state fuel taxes, which are collected by the Company from its customers,
when required, and remitted to the appropriate taxing authority.  The
Company sells fuel at prices based upon the daily market averages in each
operating location and provides delivery services at a fixed price per
gallon.  Additionally, revenue levels will vary depending on the upward or
downward movement of fuel prices in each market.

     The mobile fueling business traditionally experiences seasonal
downturns in customer demand that results in decreased volumes of fuel
delivered during the holiday periods in the months of November and
December, respectively.   These seasonal downturns may be offset earlier
during the fiscal year as a result of emergency fuel deliveries to certain
customers in Florida that traditionally occur in the event of an impending
or actual hurricane or severe tropical storm.

(2)  BASIS OF PRESENTATION

     The condensed consolidated financial statements include the accounts
of Streicher Mobile Fueling, Inc. and its wholly owned subsidiary,
Streicher Realty, Inc.  All significant intercompany balances and
transactions have been eliminated in consolidation.

     Effective July 19, 2001, the Company changed its fiscal year-end from
January 31 to June 30.  The five-month transition period of February 1,
2001 through June 30, 2001 ("transition period") preceded the start of the
new fiscal year.

     The unaudited condensed consolidated financial statements included
herein have been prepared in accordance with the instructions to Form 10-Q
and Rule 10-01 of Regulation S-X, and do not include all the information
and footnotes required by generally accepted accounting principles;
however, they do include all adjustments of a normal recurring nature
which, in the opinion of management, are necessary to present fairly the
results of operations of the Company for the interim periods presented.
Certain amounts have been reclassified to conform with current period
presentation.  These interim financial statements should be read in
conjunction with the Company's audited consolidated financial statements
and related notes included in the Company's Annual Report on Form 10-K for
the year ended January 31, 2001.  The results of operations for the
interim periods presented are not necessarily indicative of the results to
be expected for the entire year.

(3)  WORKING CAPITAL AND CAPITAL RESOURCES

     The Company has used its working capital to finance ongoing
operations and to undertake certain business initiatives to improve
operating results.  The primary business initiatives that the Company has
funded with its working capital have been the reestablishment and
continuing expansion of its marketing and sales function, the installation
of a new senior management team, and the development of the underlying
administration infrastructure required to support the Company's various
business initiatives.  At December 31, 2001, the Company had a working
capital deficit of $2.4 million, as compared to a working capital deficit
of $3.1 million at June 30, 2001.

     The Company has generated its working capital primarily through
proceeds from convertible subordinated promissory notes and private
placement of common stock, borrowings under its bank line of credit, and
cash generated from operations.  During the quarter ended December 31,
2001, the Company raised additional operating capital by securing
$300,000 in financing.  The Company had outstanding borrowings of $5.8
million as of December 31, 2001 under a $10.0 million bank line of credit.
This line permits the Company to borrow up to 85% of the total amount of
eligible accounts receivable.  The Company drew down $70,000 above the 85%
amount of eligible accounts receivable to be borrowed against as of
December 31, 2001, due to differences in estimated accounts receivable
daily balances versus actual accounts receivable daily balances.  This
amount was subsequently repaid and the Company received a bank waiver for
the excess amount drawn on the line.

     Net operating losses incurred by the Company over prior periods have
resulted in reduced working capital available for the Company's
operations.  The Company's ability to successfully implement its strategic
plans and continue to improve its operating performance is dependent upon
a number of factors, some of which are beyond its control.  There is no
assurance that the Company's operating results or financial conditions
will improve in the future.  Should additional funding be required to
finance ongoing operations, there can be no assurance that any additional
financing will be available to the Company on acceptable terms, or at all.

(4)  LOSS PER SHARE

     Basic loss per share is computed by dividing the net loss
attributable to common shareholders by the weighted-average number of
common shares outstanding during the period.  Diluted earnings per share
is computed by dividing income attributable to common shareholders by the
weighted-average number of common shares outstanding during the period
increased to include the number of additional common shares that would
have been outstanding if the dilutive potential common shares had been
issued.  The dilutive effect of outstanding options is reflected in
diluted earnings per share by application of the treasury stock method.
For loss periods, weighted average common share equivalents are excluded
from the calculation, as their effect would be antidilutive.

     At December 31, 2001, 2,513,977 options and warrants were outstanding
at prices ranging from $1.24 to $9.49 per share.  At December 31, 2000,
1,642,152 options and warrants were outstanding at prices ranging from
$3.00 to $9.49 per share.  On November 7, 2001, the Company extended the
exercise period for all outstanding warrants from December 11, 2001 to
December 11, 2002.

(5)  CONVERTIBLE SUBORDINATED PROMISSORY NOTES

     On April 20, 2001, the Company issued $1.0 million of convertible
subordinated promissory notes to three shareholders.  The notes are due on
August 31, 2003 and bear interest at 1% over the prime interest rate
announced from time to time by the Company's principal lender.  At the
Company's option, the interest on the notes may be paid in Company stock,
with the stock value based on the average market price of the stock for
the quarter in which interest is due.  The notes contain a conversion
feature entitling the note holder to convert the note balance into common
stock of the Company at the rate of $1.35 per share.

     On July 11, 2001, the Company issued $600,000 of convertible
subordinated promissory notes to three shareholders.  The notes are due on
August 31, 2003 and bear interest at 1% over the prime interest rate
announced from time to time by the Company's principal lender.  With the
consent of the Payee, the interest on the notes may be paid in Company
stock, with the stock value based on the average market price of the stock
for the quarter in which interest is due.  The notes provide the note
holder the right and option to request a prepayment of the outstanding
principal amount and accrued interest thereon from the net proceeds of any
issuance or sale by the Company of equity or debt securities from and
after July 6, 2001.  The notes contain a conversion feature entitling the
note holder to convert the note balance into common stock of the Company
at the rate of $1.35 per share.

     In September of 2001, the Company issued $800,000 of convertible
subordinated promissory notes to three shareholders.  The notes are due on
August 31, 2003 and bear interest at 3% over the prime interest rate
announced from time to time by the Company's principal lender.  With the
consent of the Payee, the interest on the notes may be paid in Company
stock, with the stock value based on the average market price of the stock
for the quarter in which interest is due.  The notes provide the note
holder the right and option to request a prepayment of the outstanding
principal amount and accrued interest thereon from the net proceeds of any
issuance or sale by the Company of equity or debt securities from and
after July 6, 2001.  The notes contain a conversion feature entitling the
note holder to convert the note balance into common stock of the Company
at the rate of $1.35 per share.

     In October of 2001, the Company issued $300,000 of convertible
subordinated promissory notes to three shareholders.  The notes are due on
August 31, 2003 and bear interest at 3% over the prime interest rate
announced from time to time by the Company's principal lender.  With the
consent of the Payee, the interest on the notes may be paid in Company
stock, with the stock value based on the average market price of the stock
for the quarter in which interest is due.  The notes provide the note
holder the right and option to request a prepayment of the outstanding
principal amount and accrued interest thereon from the net proceeds of any
issuance or sale by the Company of equity or debt securities from and
after July 6, 2001.  The notes contain a conversion feature entitling the
note holder to convert the note balance into common stock of the Company
at the rate of $1.35 per share.

(6)  LEASES

     In April 2001, the Company relocated its corporate offices and
simultaneously entered into a lease agreement for its new corporate
offices.

     In May 2001, the Company entered into a lease agreement (the
"Sublease") with an unrelated third party for the lease of the Company's
former corporate offices (the "Property").  The term of the Sublease is
two years and calls for monthly rental payments of $4,600 to be paid to
the Company.  The Company has been obligated under a lease agreement (the
"Lease") dated July 31, 1993 for the Property with a majority shareholder
and former President and Chief Executive Officer of the Company
("Lessor").  The Lease expires July 31, 2013.

     In January 2002, the Lessor canceled the Lease and the Company
assigned the Sublease to the Lessor, effective February 1, 2002.

(7)  RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

     In July 2001, the Financial Accounting Standards Board ("FASB")
issued Statement of Financial Accounting Standards ("SFAS") 141 "Business
Combinations" and SFAS 142 "Goodwill and Other Intangible Assets". SFAS
141 requires that the purchase method of accounting be used for all
business combinations initiated after June 30, 2001 as well as all
purchase method business combinations completed after June 30, 2001.  SFAS
142 will require that goodwill and intangible assets with indefinite
useful lives no longer be amortized, but instead tested for impairment at
least annually. SFAS 141 is effective immediately, except with regard to
business combinations initiated prior to July 1, 2001 and SFAS 142 is
effective January 1, 2002.

     Furthermore, any goodwill and intangible assets determined to have
indefinite useful lives that are acquired in a purchase business
combination completed after June 30, 2001 will not be amortized.  Goodwill
and intangible assets acquired in business combinations completed before
July 1, 2001 will continue to be amortized until the adoption of SFAS 142.
SFAS 141 will require upon adoption of SFAS 142 that goodwill acquired in
a prior purchase business combination be evaluated and any necessary
reclassifications be made in order to conform to the new criteria in SFAS
141 for recognition apart from goodwill.  Any impairment loss will be
measured as of the date of the adoption and recognized as a cumulative
effect of a change in accounting principles in the first interim period.
The implementation of these standards will have no impact on the Company's
consolidated financial statements as the Company does not have any
goodwill.

     In July 2001, the FASB issued SFAS 143 "Standard on Accounting for
Asset Retirement Obligations".  SFAS 143 requires entities to record the
fair value of a liability for an asset retirement obligation in the period
in which it is incurred.  When the liability is initially recorded, the
entity capitalizes a cost by increasing the carrying amount of the related
long-lived asset.  Over time, the liability is accreted to its present
value each period, and the capitalized cost is depreciated over the useful
life of the related asset.  Upon settlement of the liability, an entity
either settles the obligation for its recorded amount or incurs a gain or
loss upon settlement.  The standard is effective for fiscal years
beginning after June 15, 2002, with earlier application encouraged. At
this time, management is assessing the impact of the adoption of SFAS No.
143 on the Company's results of operations and financial position, if any.

     In August 2001, the FASB issued SFAS 144, "Accounting for the
Impairment or Disposal of Long-Lived Assets," which addresses financial
accounting and reporting for the impairment and disposal of long-lived
assets.  SFAS No. 144 requires that long-lived assets be reviewed for
impairment whenever events or changes in circumstances indicate that the
carrying amount of an asset may not be recoverable.  Recoverability of
assets to be held and used is measured by a comparison of the carrying
amount of an asset to future net cash flows expected to be generated by
the asset.  If the carrying amount of an asset exceeds its estimated
future cash flows, an impairment charge is recognized by the amount by
which the carrying amount of the asset exceeds the fair value of the
asset.  SFAS No. 144 requires companies to separately report discontinued
operations and extends that reporting to a component of an entity that
either has been disposed of (by sale, abandonment, or in a distribution to
owners) or is classified as held for sale.  Assets to be disposed of are
reported at the lower of the carrying amount or fair value less costs to
sell.  SFAS 144 is effective for fiscal years beginning after December 15,
2001.  At this time, management is assessing the impact of the adoption of
SFAS No. 144 on the Company's results of operations and financial
position.

(8)  SUBSEQUENT EVENTS

     On January 15, 2002, certain holders of the Company's convertible
subordinated promissory notes agreed to convert their aggregate $2,616,800
in debt to shares of the Company's common stock at a conversion price of
$1.24 per share, for a total of 2,110,323 shares of the Company's common
stock.  The convertible subordinated promissory notes converted contained
conversion rates ranging from $1.35 to $1.50 per share.  The conversion
will result in the Company recording a one time, non-cash interest charge
of $240,776 in the quarter ending March 31, 2002, which has no impact on
shareholders' equity.  Information on the origin and nature of the
convertible subordinated promissory notes is contained in note (5)
herewith.

     Concurrent with that debt conversion, in January 2002 the Company
raised an additional $500,000 through a private placement of the Company's
common stock.

                  MANAGEMENT'S DISCUSSION AND ANALYSIS OF
               FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

     The following Management's Discussion and Analysis of Financial
Condition and Results of Operations contains "forward-looking statements"
which involve risks and uncertainties. The Company's actual results could
differ materially from those anticipated in the forward-looking statements
as a result of certain factors, including those set forth under the
caption "Certain Factors Affecting Future Operating Results," included in
the Company's filing on Form 10-K for the fiscal year ended January 31,
2001. The following discussion also should be read in conjunction with the
Company's consolidated financial statements and notes thereto included in
the above referenced Form 10-K.

GENERAL

     The Company generates all of its revenue from selling fuel and
providing mobile fueling services. Revenue is comprised principally of
sales of gasoline and diesel fuel and related delivery service charges.
Cost of sales is comprised principally of the cost of fuel and
transportation costs (primarily payroll and delivery vehicle operating
expenses). Included in both revenue and cost of sales are federal and
state fuel taxes, which are collected by the Company from its customers,
when required, and remitted to the appropriate taxing authority.

     The Company sells fuel at prices based upon the daily market averages
in each operating location and provides delivery services at a fixed price
per gallon.  Revenue levels can vary depending on the upward or downward
movement of fuel prices in each market.  For the three and six month
periods ended December 31, 2001, market prices for fuel were substantially
lower than for the three and six month periods ended December 31, 2000,
and were primarily responsible for the significant declines in both
revenue and cost of sales for the three and six month periods ended
December 31, 2001.  Lower volumes of delivered gallons for the three and
six month periods ended December 31, 2001, as compared to the three and
six month periods ended December 31, 2000, also contributed to the
declines in both revenue and cost of sales.  These volume declines were
due primarily to the elimination of lower-margin accounts, along with
volume declines with certain customers whose levels of business activity
(and associated fuel requirements) have been adversely impacted by the
current economic recession.

     The Company has revamped its marketing and sales function in order to
increase the volume of mobile and bulk fueling business.  The Company
believes that there are opportunities for the Company to increase the
volume of fuel sold and delivered, although such volume growth is
dependent upon a number of business and economic factors, some of which
are beyond the Company's control, such as the success of the Company's
marketing, pricing and other business strategies, the availability of
qualified workers to provide the level of service required by customers,
the availability of sufficient debt or equity capital to grow the
Company's business, and changes in market conditions in the transportation
or petroleum industries including the actions of competitors.

BUSINESS INITIATIVES

     The Company has undertaken initiatives that are expected to improve
its operating results by increasing revenues and reducing operating costs.
These include:

     o  Review and increase of service pricing on certain lower margin
        accounts.

     o  Addition of marketing and sales personnel to market the Company's
        fuel sales and services and increase product volumes sold and
        delivered and related revenues.

     o  Review of field operating expenses, primarily payroll and vehicle
        maintenance costs.  The Company is seeking to reduce these costs
        by analyzing and restructuring delivery routes and schedules to
        improve labor efficiency and vehicle utilization and by
        implementing new repair and maintenance policies.

     o  Evaluation of the current overhead structure of the Company and
        implementation of cost reductions where feasible.

     o  Raise additional operating capital to meet the Company's working
        capital requirements and repay term equipment debt as the Company
        implements the aforementioned marketing, sales, and field
        operations initiatives and upgrades its operational and
        technological infrastructure to enable it to better meet both
        current and anticipated business requirements.

     For the three months ended December 31, 2001, the Company has
continued to realize increased margins per gallon of fuel delivered, along
with reduced costs as a result of these business initiatives.  The average
margin per delivered gallon of fuel increased approximately 8% compared to
the average margin per delivered gallon of fuel for the three months ended
September 30, 2001.  Direct Operating Expenses decreased by approximately
$273,000 compared to Direct Operating Expenses for the three months ended
September 30, 2001.  These factors contributed to mitigating the impact on
revenues and gross profit due to discontinued operations at the Company's
Northern California divisions over the course of the three months ended
December 31, 2001.  These discontinued operations were comprised primarily
of low margin bulk deliveries of fuel on behalf of third parties.  The
gradual elimination of these operations over the course of the three
months ended December 31, 2001 resulted in lower revenues, fuel costs,
direct operating expenses, and overall gallons of fuel delivered as
compared to the three months ended September 30, 2001.

     Implementation of the Company's business initiatives resulted in the
continued realization of significant benefits in several areas of the
Company's operations over the course of the three-month period ended
December 31, 2001.  These include:

     o Increased service charges on certain lower-margin accounts.  The
       Company's evaluation of profitability on the Company's accounts
       resulted in revised service charge pricing that increased gross
       margins while allowing the Company to continue to provide price-
       competitive service to these customers.

     o The addition of new, higher-margin accounts from the Company's
       reinvigorated marketing efforts throughout its geographical areas
       of operations.

     o Reduced direct operating costs.  These cost reductions came from
       the Company's program to improve its labor efficiency and vehicle
       utilization through optimization of delivery route logistics and
       increased controls and improved processes for conducting fleet
       repairs and maintenance.

     o Reduced overhead costs through selective personnel reductions and
       attrition, along with a more effective allocation of
       responsibilities among the Company's workforce.

     o Strengthening the Company's financial resources by raising
       additional operating capital through private placements of the
       Company's stock, in addition to issuance of convertible
       subordinated promissory notes, which were subsequently converted
       to shares of the Company's common stock in January 2002.

OPERATING DATA (UNAUDITED)

     The following table and discussion highlights the operating results
     of the Company for the indicated periods:

<TABLE>
<CAPTION>

                                        Three Months Ended
                            -----------------------------------------

                             December 31,   December 31,      %
                                 2001           2000        Change
                             ------------   ------------   -------

<S>                        <C>            <C>               <C>
Revenues                   $  14,259,893  $  21,341,575     (33.2)
Cost of sales:
  Cost of fuel                10,598,037     17,524,646     (39.5)
  Direct operating
   expenses                    2,364,224      2,951,787     (19.9)
  Depreciation expense           332,939        341,028      (2.4)
                            ------------    -----------
Gross profit                     964,693        524,114      84.1

SG&A expense (exclusive
  of depreciation)             1,117,689        714,826      56.4
Interest expense                 347,006        430,997     (19.5)
Depreciation expense              28,937         12,367     131.8
Interest income                 (14,166)       (25,833)     (45.2)
                            ------------    -----------

Net loss                   $    (514,773) $    (608,243)
                            ============   ============
EBITDA computation:
  Net loss                 $    (514,773) $    (608,243)
  Add back:
   Depreciation expense          361,876        353,395
   Interest expense              347,006        430,997
                            ------------    -----------
  EBITDA                   $     194,109  $     176,149
                            ============   ============

Other data:
  Gallons of fuel
   delivered                  11,906,163     13,328,874     (10.7)

  Average direct operating
   expense per gallon of
   fuel delivered          $       0.199  $       0.221     (10.0)

  Average margin per
   gallon  of fuel
   delivered               $       0.081  $       0.039     107.7


                                        Three Months Ended
                            -----------------------------------------

                             December 31,  September 30,      %
                                 2001           2001        Change
                             ------------   ------------   -------

Revenues                   $  14,259,893  $  16,608,961     (14.1)
Cost of sales:
  Cost of fuel                10,598,037     12,462,797     (15.0)
  Direct operating
   expenses                    2,364,224      2,637,589     (10.4)
  Depreciation expense           332,939        341,895      (2.6)
                            ------------    -----------

Gross profit                     964,693      1,166,680     (17.3)

SG&A expense (exclusive
  of depreciation)             1,117,689      1,105,750       1.1
Interest expense                 347,006        353,384      (1.8)
Depreciation expense              28,937         28,326       2.2
Interest income                  (14,166)       (13,647)      3.8
                            ------------    -----------

Net loss                   $    (514,773) $    (307,133)
                            ============   ============

EBITDA computation:
  Net loss                 $    (514,773) $    (307,133)
  Add back:
   Depreciation expense          361,876        370,221
   Interest expense              347,006        353,384
                            ------------    -----------
    EBITDA                 $     194,109  $     416,472
                            ============   ============

Other data:
  Gallons of fuel
   delivered                  11,906,163     15,493,716     (23.2)

  Average direct operating
   expense per gallon of
   fuel delivered          $       0.199  $       0.170      17.1

  Average margin per
   gallon  of fuel
   delivered               $       0.081  $       0.075       8.0
</TABLE>

COMPARISON OF THREE MONTHS ENDED DECEMBER 31, 2001 TO THREE MONTHS ENDED
DECEMBER 31, 2000

REVENUES

     Revenue decreased $7.1 million, or 33.2%, for the three months ended
December 31, 2001 compared to the three months ended December 31, 2000.
The decrease in revenue resulted primarily from a substantial decrease in
the wholesale price of gasoline and diesel fuel.  The Company delivered
11.9 million gallons of fuel to its customers in the three months ended
December 31, 2001, a decrease of 10.7% compared to the 13.3 million
gallons delivered in the three months ended December 31, 2000.  The
decrease in gallons delivered resulted primarily from the elimination of
lower-margin accounts, along with volume declines with certain customers
whose levels of business activity (and associated fuel requirements) have
been adversely impacted by the current economic recession.

GROSS PROFIT

     Gross profit increased approximately $441,000, or 84.1%, in the three
months ended December 31, 2001 compared to the three months ended December
31, 2000.  The average margin per delivered gallon of fuel in the three
months ended December 31, 2001 was 8.1 cents compared to 3.9 cents in the
three months ended December 31, 2000.  The increase in gross profit was
due primarily to new, higher-margin accounts, increased service charges on
some lower margin accounts, and reduced direct operating expenses.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (EXCLUSIVE OF DEPRECIATION)

     Selling, general and administrative expenses, exclusive of
depreciation, increased approximately $403,000, or 56.4%, in the three
months ended December 31, 2001 compared to the three months ended December
31, 2000.  The increase in these expenses primarily resulted from
increases in payroll costs associated with the reestablishment of a
marketing and sales department and program (including direct marketing)
which had been previously eliminated, together with the restructuring of
the management, operations, and information technology departments and
related personnel; increases in insurance expense and legal fees; and an
increase in the reserve for doubtful accounts.

INTEREST EXPENSE

     Interest expense decreased approximately $84,000, or 19.5%, in the
three months ended December 31, 2001 compared to the three months ended
December 31, 2000 as a result of lower interest rates on variable rate
debt and decreased borrowings, primarily due to repayment of existing
equipment debt.

INCOME TAXES

     The Company recorded no income tax expense in the three-month periods
ended December 31, 2001 or 2000.  The Company has sufficient net operating
loss carryforwards to offset any taxable income for at least the next
several years.

EBITDA

     Earnings before interest, taxes, depreciation, and amortization
increased approximately $18,000 in the three months ended December 31,
2001 compared to the same period of 2000.  The increase was primarily due
to  reduced direct operating expenses and reduced interest expense, offset
to a certain extent by increased selling, general, and administrative
costs.

COMPARISON OF THREE MONTHS ENDED DECEMBER 31, 2001 TO THREE MONTHS ENDED
SEPTEMBER 30, 2001

REVENUES

     Revenue decreased $2.3 million, or 14.1%, for the three months ended
December 31, 2001 compared to the three months ended September 30, 2001.
The decrease in revenue resulted primarily from a substantial decrease in
the wholesale price of gasoline and diesel fuel.  The Company delivered
11.9 million gallons of fuel to its customers in the three months ended
December 31, 2001, a decrease of 23.2% compared to the 15.5 million
gallons delivered in the three months ended September 30, 2001.  The
decrease in gallons delivered resulted primarily from the gradual
discontinuance of operations at the Company's Northern California
divisions over the course of the three months ended December 31, 2001; the
elimination of lower-margin accounts; and volume declines with certain
customers whose levels of business activity (and associated fuel
requirements) have been adversely impacted by the current economic
recession, offset to a certain extent by new customer volumes added over
the same period.

GROSS PROFIT

     Gross profit decreased approximately $202,000, or 17.3%, in the three
months ended December 31, 2001 compared to the three months ended
September 30, 2001.  The average margin per delivered gallon of fuel in
the three months ended December 31, 2001 was 8.1 cents compared to 7.5
cents in the three months ended September 30, 2001.  The decrease in gross
profit was due primarily to lower volumes of fuel delivered in the three
months ended December 31, 2001, offset to a certain extent by reduced
direct operating expenses.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (EXCLUSIVE OF DEPRECIATION)

     Selling, general and administrative expenses, exclusive of
depreciation, increased approximately $12,000, or 1.1%, in the three
months ended December 31, 2001 compared to the three months ended
September 30, 2001.  The increase in these expenses primarily resulted
from higher insurance costs and an increase in the reserve for doubtful
accounts, offset to some extent by decreases in payroll costs associated
with a restructuring of the marketing, information technology and
management functions.

INTEREST EXPENSE

     Interest expense decreased approximately $6,000, or 1.8%, in the
three months ended December 31, 2001 compared to the three months ended
September 30, 2001.  Interest expense decreased due to lower interest
rates on variable rate debt.

INCOME TAXES

     The Company recorded no income tax expense in the three-month periods
ended December 31, 2001 or September 30, 2001.  As previously noted, the
Company has sufficient net operating loss carryforwards to offset any
taxable income for at least the next several years.

EBITDA

     Earnings before interest, taxes, depreciation, and amortization
decreased approximately $222,000 in the three months ended December 31,
2001 compared to the three months ended September 30, 2001.  The decrease
was primarily due to reduced gross profit.

COMPARISON OF SIX MONTHS ENDED DECEMBER 31, 2001 TO SIX MONTHS ENDED
DECEMBER 31, 2000

REVENUES

     Revenue decreased $12.3 million, or 28.5%, for the six months ended
December 31, 2001 compared to the six months ended December 31, 2000.  The
decrease in revenue resulted primarily from a substantial decrease in the
wholesale price of gasoline and diesel fuel.  The Company delivered 27.4
million gallons of fuel to its customers in the six months ended December
31, 2001, a decrease of 1.9% compared to the 27.9 million gallons
delivered in the six months ended December 31, 2000. The decrease in
gallons delivered resulted primarily from the elimination of lower-margin
accounts, along with volume declines with certain customers whose levels
of business activity (and associated fuel requirements) have been
adversely impacted by the current economic recession.

GROSS PROFIT

     Gross profit increased approximately $611,000, or 40.1%, in the six
months ended December 31, 2001 compared to the six months ended December
31, 2000.  The average margin per delivered gallon of fuel in the six
months ended December 31, 2001 was 7.8 cents compared to 5.4 cents in the
six months ended December 31, 2000.  The increase in gross profit was due
primarily to new, higher-margin accounts, increased service charges on
some lower margin accounts, and reduced direct operating expenses.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

     Selling, general and administrative expenses increased approximately
$912,000, or 66.7%, in the six months ended December 31, 2001 compared to
the six months ended December 31, 2000.  The increase in these expenses
primarily resulted from increases in payroll costs associated with the
reestablishment of a marketing and sales department and program (including
direct marketing) which had been previously eliminated, together with the
restructuring of the management, operations, and information technology
departments and related personnel; increases in insurance expense and
legal fees; and an increase in the reserve for doubtful accounts.

INTEREST EXPENSE

     Interest expense decreased approximately $139,000, or 16.5%, in the
six months ended December 31, 2001 compared to the six months ended
December 31, 2000 as a result of lower interest rates on variable rate
debt and decreased borrowings, primarily due to repayment of existing
equipment debt.

INCOME TAXES

     The Company recorded no income tax expense in the six-month periods
ended December 31, 2001 or 2000.  The Company has sufficient net operating
loss carryforwards to offset any taxable income for at least the next
several years.

CAPITAL RESOURCES AND LIQUIDITY

     The mobile fueling business is capital intensive.  While the Company
has sustained net losses in recent financial periods, it has been able to
raise the capital necessary to meet operating requirements over those
periods.  While additional capital may be required to meet future
operating requirements, the Company believes that it will be able to meet
these requirements in the near term by utilizing its existing working
capital and bank line of credit.  The Company believes that it can expand
its business in existing markets and enter into new markets without
significant additional expenditures.

     The Company had outstanding borrowings of $5.8 million as of December
31, 2001 under a $10.0 million bank line of credit.  This line permits the
Company to borrow up to 85% of the total amount of eligible accounts
receivable.  The Company drew down $70,000 above the 85% amount of
eligible accounts receivable to be borrowed against as of December 31,
2001, due to differences in estimated accounts receivable daily balances
versus actual accounts receivable daily balances.  This amount was
subsequently repaid and the Company received a bank waiver for the excess
amount drawn on the line.  Interest is payable monthly at 2.0% over the
prime rate (4.75% as of December 31, 2001) and outstanding borrowings
under the line are secured by substantially all of the Company's assets.
The credit agreement contains covenants requiring the maintenance of
certain financial ratios and minimum net worth and working capital
requirements.  As of December 31, 2001, the Company was in compliance with
these requirements.  In April 2001, the due date of the line of credit was
extended to April 30, 2002.  A renewal fee of $100,000 was paid through
six equal monthly installments commencing June 1, 2001 and a termination
fee of $100,000, which was recorded in a prior accounting period, is
payable upon the termination of the lending arrangement.

     The Company's business requires it to expend substantial funds for
fuel, labor and equipment costs before any payments are received from
customers.  Fuel purchased by the Company for resale to customers must
generally be paid for within 10 to 15 days of purchase; labor costs and
related taxes are paid bi-weekly; equipment related expenses are generally
paid within 30 days; and repayments on equipment financing obligations are
paid monthly.  The Company bills its customers weekly and generally
collects the majority of its accounts within 30 to 45 days.  At December
31, 2001 and December 31, 2000, the average sales outstanding (delivery to
payment date), were 44 days and 39 days, respectively.

     At December 31, 2001, the Company had no purchase commitments for the
purchase of additional fuel trucks since its present fleet is anticipated
to meet future delivery requirements.

     A significant portion of the Company's outstanding debt bears
interest at variable interest rates.  As a result, the Company's financial
results may be impacted by significant increases or decreases in interest
rates.

DEBT RESTRUCTURING AND CHANGES IN SECURITIES

     On January 15, 2002, certain holders of the Company's convertible
subordinated promissory notes agreed to convert their aggregate $2,616,800
in debt to shares of the Company's common stock at a conversion price of
$1.24 per share, for a total of 2,110,323 shares of the Company's common
stock.  The convertible subordinated promissory notes converted contained
conversion rates ranging from $1.35 to $1.50 per share.  The conversion
will result in the Company recording a one time, non-cash interest charge
of $240,776 in the quarter ending March 31, 2002, which has no impact on
shareholders' equity.

     In January 2002, the Company additionally raised $500,000 through a
private placement of the Company's common stock.  Had these transactions
been applied to the Company's Consolidated Balance Sheet as of December
31, 2001, and Consolidated Statement of Operations for the six month
period ended December 31, 2001, the impact of this restructuring would
have resulted in the following pro forma, condensed consolidated financial
statements:

                   CONDENSED CONSOLIDATED BALANCE SHEETS
                                (UNAUDITED)


<TABLE>
<CAPTION>
                          As Reported                          Pro Forma
                          December 31,    Adjustments Notes  December 31,
                              2001                               2001
                          ------------    ----------- -----  -----------

ASSETS
------------------------------------
<C>                      <S>            <C>            <C>    <C>
Current assets:
  Cash and cash
   equivalents           $    182,610   $    500,000   (1)    $   682,610
  All other current
   assets                   8,115,691              0            8,115,691
                         ------------   ------------          -----------
     Total current assets   8,298,301        500,000            8,798,301

Property and equipment,
 net                       10,871,668              0           10,871,668
Accounts receivable from
 related party                608,306              0              608,306
Other assets                  235,466       (114,229)  (2)        121,237
                         ------------   ------------          -----------

     Total assets        $ 20,013,741   $    385,771          $20,399,512

LIABILITIES AND SHAREHOLDERS' EQUITY
------------------------------------
Current liabilities:
  Current portion of
   long-term debt        $  2,218,516   $   (200,000)  (3)    $ 2,018,516
  All other current
   liabilities              8,558,157              0            8,558,157
                         ------------   ------------          -----------
     Total current
      liabilities          10,776,673       (200,000)          10,576,673
                         ------------   ------------          -----------

Long-term liabilities:
  Convertible subordinated
   promissory
     Note, excluding
      current portion       2,700,400     (2,416,800)  (3)        283,600
  Long-term debt,
   excluding current
   portion                  3,793,321              0            3,793,321
                         ------------   ------------          -----------
     Total long-term
      liabilities           6,493,721     (2,416,800)           4,076,921
                         ------------   ------------          -----------

     Total liabilities     17,270,394     (2,616,800)          14,653,594
                         ------------   ------------          -----------

Shareholders' equity:
  Common stock                 45,232         26,437   (1),(3),    71,669
                                                       (4)
  Additional
   paid-in-capital          8,196,033      3,216,910   (1),(2),11,412,943
                                                       (3),(4)
  Retained deficit         (5,497,918)      (240,776)  (3)     (5,738,694)
                         ------------   ------------          -----------
     Total shareholders'
      equity                2,743,347      3,002,571            5,745,918
                         ------------   ------------          -----------

     Total liabilities
      and shareholders'
      equity             $ 20,013,741   $    385,771          $20,399,512
                         ============   ============          ===========
</TABLE>

   1)  Represents 476,190 shares issued at a price of $1.05 per share
       through a private placement of the Company's common stock.  Cash
       proceeds of $500,000 were recorded as $4,762 of common stock (at
       $0.01 per share, par value) and the balance of $495,238 as
       additional paid-in capital.

   2)  Represents the capitalized expenditures directly incurred relative
       to the private placement of the Company's common stock.  In
       conjunction with the aforementioned private placement of the
       Company's shares, the $114,229 is being recorded as a reduction to
       additional paid-in capital.

   3)  Represents 2,110,323 shares issued through the conversion of the
       Company's convertible subordinated promissory notes into shares of
       the Company's common stock, at a conversion price of $1.24 per
       share.  The issued shares were recorded as $21,103 of common stock
       (at $0.01 per share, par value), and additional paid-in capital was
       increased by $2,595,697.  An accounting charge in the amount of
       $240,776 was recorded as offsetting increases to additional paid-in
       capital and retained deficit.  Current and long-term debt was
       reduced by a total of $2,616,800.

   4)  Represents an additional 57,143 shares issued pursuant to a private
       placement of the Company's common stock.  The issued shares were
       recorded as $572 of common stock (at $0.01 per share, par value),
       and additional paid-in capital was reduced by a like amount.

              CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                (UNAUDITED)

<TABLE>
<CAPTION>
                      As Reported, Six                       Pro Forma, Six
                     Month Period Ended                    Month Period Ended
                     December 31, 2001 Adjustments Notes   December 31, 2001

<S>                   <C>             <C>            <C>    <C>
Total revenues        $  30,868,854  $           0          $ 30,868,854
                       ------------   ------------          ------------

Costs and expenses:
  Interest expense          700,390        240,776  (5)          941,166
  All other costs
   and expenses          30,990,370              0            30,990,370
                       ------------   ------------          ------------
   Total costs and
    expenses             31,690,760        240,776            31,931,536
                       ------------   ------------          ------------

   Net Loss           $    (821,906) $    (240,776)         $ (1,062,682)
                       ============   ============          ============
Basic and diluted
 loss per share       $       (0.18) $       (0.06)         $      (0.24)
                       ============   ============          ============

Basic and diluted
 weighted average
 common shares
 outstanding          $   4,451,319  $      14,606  (5)     $  4,465,925
                       ============   ============          ============
</TABLE>

  1)Represents a non-cash accounting charge not affecting shareholders'
     equity, pursuant to the issuance of 2,110,323 shares through the
     conversion of $2,616,800 of the Company's convertible subordinated
     promissory notes to shares of the Company's common stock, at a
     conversion price of $1.24 per shares.  Weighted average common shares
     outstanding are based on a total of 2,643,656 shares of common stock
     that were issued through the conversion of the Company's convertible
     subordinated promissory notes to shares of the Company's stock and
     through private placements of the Company's common stock.


QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

     The Company's exposure to market risk is limited primarily to the
fluctuating interest rates associated with variable rate debt outstanding
to finance working capital needs and a portion of the Company's fleet of
delivery vehicles.  These debts bear interest at the United States prime
interest rate plus a fixed markup and are subject to change based upon
interest rate changes in the United States.  The Company does not
currently use, and has not historically used, derivative instruments to
hedge against such market interest rate risk.

PART II.   OTHER INFORMATION

ITEM 1

  LEGAL PROCEEDINGS

     None.

ITEM 2

  CHANGES IN SECURITIES

     In August 2001, the Company issued 133,333 shares of common stock in
a private placement, at $1.50 per share.  In January 2002, the Company
issued 476,190 shares of common stock in a private placement, at $1.05 per
share.  As a result of the reduction in the offering price in January 2002
to $1.05 per share, 57,143 additional shares were issued to the August
2001 investor in January 2002, resulting in an effective price of $1.05
for all purchasers in the offering.  While those shares were sold in
private offerings to "accredited investors" exempt from registration under
the Securities Act of 1933 pursuant to Sections 4(2) and 4(6) and Rule 506
of Regulation D promulgated thereunder, the Company intends to register
the shares sold in the offering for resale by filing a Form S-3
registration statement with the Securities and Exchange Commission after
the completion of the private placement.  Because that offering is
currently scheduled to continue through February 28, 2002, the Company may
sell additional shares in that offering during the quarter ending March
31, 2002.

ITEM 3

  DEFAULTS UPON SENIOR SECURITIES

     None.

ITEM 4

  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

     None.

ITEM 5

  OTHER INFORMATION

     None.

ITEM 6

  EXHIBITS AND REPORTS ON FORM 8-K

     (a)  Exhibits: None.

     (b)  Reports on Form 8-K:

          1)The Company filed a report on Form 8-K on November 9, 2001
            under Item 5. to report the extension of the exercise period
            for its Redeemable Common Stock Purchase Warrants from
            December 11, 2001 to December 11, 2002.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.


                                STREICHER MOBILE FUELING, INC.


February 14, 2002               By:  /s/David S. Clodfelter
                                   David S. Clodfelter
                                   Senior Vice President and
                                   Chief Financial Officer