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Diesel Prices Soar, Trucking & Tourism Industries Struggle

Diesel Prices Soar, Trucking & Tourism Industries Struggle

Published 5 days, 2 hours ago
Description

Record-high diesel prices, nearly doubling in a month, are causing a crisis in the trucking and tourism industries. Global events, particularly the Middle East conflict, have pushed crude oil prices to over $115 a barrel, leading to skyrocketing fuel costs. Trucking companies are passing these costs onto customers, while tour bus operators are struggling with nearly $100 per fill-up increases. The government opposes tax relief, citing road funding concerns and mixed messaging. Businesses grapple with absorbing these increases while maintaining services.

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