Diesel Prices Skyrocket, Impacting Supply Chain
Charleston West Virginia News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Diesel prices soar, threatening supply chain and consumer wallets: A podcast episode summary
Diesel prices have reached a four-year high, surpassing five dollars per gallon in many regions, due to the Iran conflict disrupting oil shipping routes. Truck operators, particularly independent drivers, are feeling the impact, with fill-ups costing hundreds of dollars more. Smaller trucking companies face tough decisions, potentially idling rigs or shutting down. A sustained price increase could add fifteen to seventeen cents per mile, affecting grocery bills, shipping fees, and overall inflation.
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