Surging Fuel Prices Result In Higher Costs For Businesses

In May, diesel prices in the U.S. reached a record high, averaging $5.54 per gallon, significantly impacting truckers' bottom lines. The increase in diesel costs, exacerbated by the war in Ukraine and pandemic-related demand, has led to higher expenses for trucking companies. Some companies absorb these costs, while others pass them on, raising consumer goods prices. In California, diesel costs $6.50 per gallon, with additional surcharges affecting store owners like Adam Zax. The overall inflation has increased average item costs by 9%. Truckers face emotional fatigue due to these financial pressures, compounded by previous pandemic challenges.

What was the average price of diesel fuel in the United States in May?

• $7.00 a gallon

• $4.50 a gallon

• $6.00 a gallon

• $5.54 a gallon

Which country is one of the largest producers of diesel, affecting global prices?

• United States

• China

• India

• Russia

What percentage of freight is transported by trucks in the United States?

• 80%

• 50%

• 70%

• 60%

How much has the average item cost increased at Jensen's food in San Diego?

• 5%

• 11%

• 9%

• 7%

What is one of the emotional challenges faced by truckers due to rising costs?

• Decreased wages

• Lack of job security

• Emotional fatigue

• Increased workload