Wednesday, April 18, 2012

Fuel for the Bottom Line

With fuel prices soaring to record highs, many shipping providers have added a fuel surcharge to the price of their services. This surcharge directly increases the costs for their customers to ship anything from socks to a flat panel television. One organization that has not passed on this increased cost to its customers is the Post Office.

Here’s an interesting list of average U.S. fuel prices for the last decade:

January 2, 2012 - $3.254
January 2, 2011 - $3.034
January 4, 2010 - $2.627
January 5, 2009 - $1.672
January 7, 2008 - $3.088
January 1, 2007 - $2.296
January 2, 2006 - $2.236
January 3, 2005 - $1.745
January 5, 2004 - $1.492
January 6, 2003 - $1.412

For more information on fuel prices, go to the U.S. Energy Administration website by clicking here.

Where do you think fuel prices will be by the end of the year?  Comment here.


Anonymous said...

The prices keep going up. Then we hear about the oil companies making 'never seen before' profits!

Grannybunny said...

Whatever the fuel prices end up at, it will be too high!

Anonymous said...

With Obama pumping our gas at least $5 to $6 bucks a gallon.

Anonymous said...

I see it going up to about $5.00

Anonymous said...

Gas prices are ridiculous. I'm buying one of those ugly Priuses.