The rise in diesel fuel has directly impacted my company. The cause? Simple:
Price gouging.
Refineries are exporting more than 1 million gallons of diesel per day to Latin American nations and Europe for huge profits.
Current NY pricing for diesel fuel equates to a barrel of oil costing over $230, even though the current market price is about $113/barrel.
Capitalism at its finest.
.govt wants higher prices. It’s how to ‘transform’ the economy from fossil fuels to green energy. Commodities go where they are welcomed most. The highest bidder gets the product. Companies are not in business to go broke.
Sorry. You’ll just have to pass the increase along to your customers. I have a trucking company and I have to do that.