Gas Prices Are High But So Is the Cost of Diesel
Bloomberg.com • • business
Key Points:
- Roger Conner, who sells firewood through his company RC Conner Enterprises, relies heavily on diesel fuel for transportation and processing operations.
- Diesel costs have surged from about $6,800 to $11,000 per month, significantly increasing his business expenses.
- To offset rising diesel prices, Conner implemented a 5% fuel surcharge, which led to some customers abandoning their purchases.
- Conner warns that continued diesel price hikes could force further price increases, potentially devastating sales and impacting the broader economy.
- He emphasizes the critical role diesel fuel plays in sustaining economic activities, highlighting concerns over its rising costs.
