Updated: Jun 10
Good article in the WSJ calls out activists for their role in fuel costs. But what it fails to note, is that as fuel costs affect every movement of the supply chain, they are a major factor in price increases across the board. This is not only about the Soccer Mom who must now pay over $100 to fill her kid-mobile, or the blue collar worker who can no longer afford to drive to work. It is also about the cost of a loaf of bread, or a fast-food burger. Everything that moves by truck, ship, or train will cost more when fuel prices go up. Often a LOT more.