Prices at the pump are hitting record highs, but that’s only part of what consumers are paying in fuel costs. “We’re really in a pickle aren’t we,” said Dan Meyers.The ripple effect can be seen in what happens at Meyers’ company that makes Cock and Bull ginger beer. He can only afford to absorb the cost of fuel so long. His first hit in fuel prices comes in trying to deliver to bars and restaurants.“We run four trucks, delivery trucks, local. We got to combine deliveries and maybe and cut back and we just have to adjust to this somehow,” Meyers said.He’s also adjusting to higher prices of raw materials delivered to make the products.Those rising costs are another multiplier.Truckers like owner/operator Haitham Abooalsaman who deliver products over the road are paying out of pocket for fuel increases right now. His weekly fuel cost went from about $1,500 to closer to $2,500. “We have to pay some of our income to pay for the diesel prices right now,” Abooalsaman said.That can’t last for long if prices continue to climb.“It’s a vicious cycle,” said trucker Steve Montgomery. “It goes back down to the consumer.”
Prices at the pump are hitting record highs, but that’s only part of what consumers are paying in fuel costs.
“We’re really in a pickle aren’t we,” said Dan Meyers.
The ripple effect can be seen in what happens at Meyers’ company that makes Cock and Bull ginger beer. He can only afford to absorb the cost of fuel so long. His first hit in fuel prices comes in trying to deliver to bars and restaurants.
“We run four trucks, delivery trucks, local. We got to combine deliveries and maybe and cut back and we just have to adjust to this somehow,” Meyers said.
He’s also adjusting to higher prices of raw materials delivered to make the products.
Those rising costs are another multiplier.
Truckers like owner/operator Haitham Abooalsaman who deliver products over the road are paying out of pocket for fuel increases right now. His weekly fuel cost went from about $1,500 to closer to $2,500.
“We have to pay some of our income to pay for the diesel prices right now,” Abooalsaman said.
That can’t last for long if prices continue to climb.
“It’s a vicious cycle,” said trucker Steve Montgomery. “It goes back down to the consumer.”