Truckers Feel the Fuel Hitch
Wednesday
Jul 30, 2008
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If you think private vehicle owners are the only ones who are being hit by the oil crisis, guess again. Even truckers are feeling the pinch of the oil hikes and this will eventually affect the market of consumer goods. Truckers are responsible for transporting goods from one state to another and with oil prices continuing to go beyond manageable prices, transportation costs are sure to escalate as well. And we all know that once that happens, the cost of consumer goods are bound to follow.
In fact, truckers have brought this issue to the attention of the Bush administration, calling for a comprehensive energy plan to ensure that there will be sufficient oil supply to be made available for trucking that play an integral role in the world of consumerism.
“This is a big problem that requires a big solution,” Windsor said. “Trucking delivers America. Trucks transport virtually 100 percent of groceries, medicine, clothing, appliances and even the fuel that’s pumped at the local gas station. Rising fuel prices not only hurt the trucking industry, but the entire American economy.”
But is it all in the hands of the government? Supplying oil is one thing but the groups responsible for stocking and distributing oil is something that will surely need to be addressed as well. The government can rant and intervene all they want but eventually it will be up to the oil companies.
We feel the effects of oil prices rising these days. Consumer goods are rising beyond sane levels and apparently this has been something that any average consumer is dreading. Its not like companies have a choice. Transportation costs are included in bringing products towards the supermarket shelves for consumers to buy. In all of this, transportation is important to distribute products in the marketing mix. But with fuel becoming a problem in bringing these goods to the proper markets, one can imagine when consumer goods will have their share of distribution problems in the long run.
Oil Prices Slowly Stabilizing
Monday
Jul 28, 2008

One month after the crude oil prices reached an all-time high per barrel price, we are slowly witnessing the incremental decline in pricing which is something that will surely bring a big sigh of relief to people who are getting worried about the rising cost of gasoline and petroleum products. But while they are eyesores, it remains that no one can remain complacent. This should be seen as a temporary reprieve as another price spike can occur anytime.
The development of hybrid cars, ethanol fuel and biofuel should not stop. Groups which had already started out with them must continue the developing of these alternative fuel products if we are to be prepared the next time that this may happen.
Apparently, there are issues such as compatibility to the car engines we have. Hybrid cars are a great recourse but seriously, you don’t really think everyone can afford one in lieu of their old hand cars. It should be remembered that while these cars are seen as alternatives, they can also be heavy on the pocket. And by this I guess we are all aware that the crisis does not cover oil prices alone. They cover consumer goods and services that we all need in everyday living.
This is what we can consider a chain reaction of sorts. Oil may be categorized towards that of industrial and personal transportation areas. But taken as a whole, they are interrelated. Affecting one part of the economic mix hampers the other and may not recover for some time. So to avoid a sudden burst in the long run, it would be best to be ready. We had already started developing the alternative fuel so we should stick to it and keep it handy. We just never know when another crisis may befall since they occur at times consumers least expect it.