THE PRICE OF GAS!!!!

With oil prices at or near an all-time high in recent weeks and little relief in sight, small businesses are beginning to feel sharp pains at the pump.
The national average for retail gasoline now stands at $2.92 per gallon, up 70 cents from last year, according to the American Automobile Association’s Daily Fuel Gauge Report. The current average for diesel fuel is $2.93 per gallon, up 59 cents from a year ago.
As high prices continue to creep higher, many small businesses now face a number of equally unattractive options — raise prices for customers, lay off employees, or simply eat the cost themselves.
"Obviously [rising fuel costs] have had an adverse affect to what we do and our bottom line" said Karl Johnson, CEO of Karl R. Johnson Trucking, an Inc. 500 company based in Lyndonville, Vt. "Prices going up slowly erode our profit margin."
For the past two years, Johnson has added a fuel surcharge for each trip to help combat rising fuel costs. The percentage of the surcharge is adjusted weekly and depends on the average fuel prices in the areas his trucks travel. The current rate is 17 percent of the gross revenue of the load. In March, the company billed $123,000 in fuel surcharges alone

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