{"id":389948,"date":"2011-04-22T18:40:00","date_gmt":"2011-04-22T18:40:00","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/04\/22\/gas-prices-rising-when-is-it-going-to-stop\/"},"modified":"2011-04-22T18:40:00","modified_gmt":"2011-04-22T18:40:00","slug":"gas-prices-rising-when-is-it-going-to-stop","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/04\/22\/gas-prices-rising-when-is-it-going-to-stop\/","title":{"rendered":"Gas prices rising: ‘When is it going to stop?’"},"content":{"rendered":"

Pat Caruso expected his waste removal company to suffer a little pain from rising gas prices. He was wrong. It’s suffering a lot.<\/p>\n

Because of the trend, the CEO of Associated Refuse Haulers has had to shell out thousands of dollars in extra daily expenses, and watch his profits take a beating.<\/p>\n

“I groan a lot,” said Caruso, “and I say, ‘Oh my God, when is it going to stop.’ “<\/p>\n

Associated Refuse Haulers in Monroe, Conn., removes trash and garbage for residential and commercial businesses. In the past, the company has weathered mounting gas prices without much damage.<\/p>\n

But this time, Caruso is not so sure.<\/p>\n

On top of rising prices for fuel and oil, which Caruso uses to keep the parts in his vehicles moving smoothly — the company is dealing with higher taxes and pricier inventory and parts.<\/p>\n

For a long time, he has absorbed it all, but recently has passed some of the costs onto his commercial customers.<\/p>\n

His biggest concern is that gas may be on its way to $5 a gallon and that “will be the tipping point for us and many other companies,” he said.<\/p>\n

“You will either sink or swim.”<\/p>\n

–TP<\/em><\/p>\n<\/div>\n

<\/p>\n

Original post:
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