Economy feeling effects of record fuel prices
DALLAS — There is little evidence that fuel prices, which are setting records almost weekly, will drop anytime soon. This has many economists concerned
Source: thetrucker.com
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DALLAS — There is little evidence that fuel prices, which are setting records almost weekly, will drop anytime soon. This has many economists concerned
When industry pays more for fuel, it passes along the cost to customers, and the pain ripples through the economy, driving inflation and squeezing consumers.
As the nation endures historically high gasoline prices, the pain drivers feel at the pump is superficial compared with the deeper wounds inflicted by the soaring price of diesel.