Is the nation’s trucking industry at a breaking point because of high fuel prices?
It’s what some trucking operators warn as they struggling with diesel fuel prices that shot up 76% in the past year. There are even warnings of empty store shelves because of the impact the prices are having on truckers.
The average price for a gallon of diesel fuel in Oklahoma is $5.23 while the national average is up to $5.76. A week ago, Oklahoma’s average diesel fuel price was $5.09 and nationally, the average was $5.61.
A year ago, a gallon of diesel fuel in Oklahoma cost $2.95 on average according to the American Automobile Association. The national average last year at this time was $3.20 per gallon.
Business Insider spoke with some truckers in the Texas region who are ready to exit the industry and issued warnings about the impact on consumers.
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