Coping Strategies — Rising Cost Of Commodities
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Dr. Joe Webb
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Other parts of the supply chain are not faring as well, especially in our industry. Suppliers to the industry have been unable to pass along all of their cost increases to their customers, reflected in less robust financial performance.
Energy
Energy products have been leading the way in commodity price increases. While the CPI is up by 18 percent, energy prices are up as much as about 10 times that rate. Liquefied petroleum gas is up 168 percent since 2000, and refined petroleum products are up 187 percent for the same period, as reflected in the table to the right.
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Dr. Joe Webb
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