Because of rising fuel prices, consumers could start seeing higher prices when they buy groceries, get a pizza delivered or catch a cab, Gannett News Service reports.
Higher fuel prices mean higher costs to ship goods and some retailers have started passing on those costs. Lawn mowing and trash collecting services are charging more because of high costs. And manufacturers that use oil to make plastics or operate their plants are also trying to pass on higher costs to consumers, the news service reported.
Some examples of rising prices:
Hormel Foods is raising prices on Spam, Dinty Moore stew and Chi-Chi's salsa at least 4.5 percent because of increased costs. "This is the first price increase we've taken since 2000," said spokeswoman Julie Craven.
Birds Eye Foods, maker of frozen vegetables, pretzels and salad dressing, is raising prices at least 5 percent next month partly because it's paying more for shipping and for plastic bags, which are made from petroleum products.
Bridgestone Corp. will raise tire prices 5 percent next month because it's paying more for the petroleum to make the tires and more for the gasoline to ship the tires around the country. "The last thing anyone wants to do is raise prices," said spokesman Dan MacDonald. "But in the face of rising costs, there's just no other alternative."
Meanwhile, many trucking companies, especially the large ones, tack on fuel surcharges during times of high diesel prices. Swift Transportation Co. Inc. of Phoenix, AZ, added an additional fuel surcharge for moving goods on the West Coast, where diesel prices were 40 cents a gallon higher than the national average last week, said company spokesman Bill Riley.
Filling up a 300-gallon gas tank on a tractor-trailer on the West Coast averaged $660 this week -- more than $200 higher than a year ago.