Whether or not you believe in climate change, natural resources have a limit, and we could reach that limit sooner than we think. And as you know, when dealing with supply and demand, an increase in demand and lack of supply drives up the cost. Plus, in the transportation sector, fuel expenses are the biggest burden of any business, big or small.
For example, in the trucking industry, fuel expenses account for 38 percent of total operating costs. That’s more than a third. When you are talking about raising diesel prices, this causes smaller trucking companies to go caput; they simply can’t cope with the decrease in revenue in operations.