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Climate Change Legislation * USA - ATA Tells Congress That Comes at Great Cost to American Consumers
Arlington,VA,USA -PRNewswire/USNewswire via COMTEX -July 14, 2009: -- The American Trucking Associations (ATA) today told the U.S. Senate Committee on Environment and Public Works that climate change legislation would impose significant costs on American consumers... In his statement on behalf of ATA, Ray Kuntz, Chairman of ATA's Executive Committee and Immediate Past Chairman of the associations, said that any substantial cost increases imposed directly or indirectly on trucks by climate change legislation will curtail the delivery of vital consumer goods across the nation such as food, medicine, and clothing... A one-cent increase in the average price of diesel costs the trucking industry an additional $390 million in fuel expenses. Petroleum suppliers indicate that climate change legislation could increase the cost of gasoline by 77 cents per gallon for gasoline and 88 cents for diesel fuel. As trucking companies struggle with already miniscule margins, additional costs for fuel would be passed on to shippers of goods and materials and ultimately to consumers... In addition to increased fuel costs, Kuntz addressed six other issues in his testimony relating directly to climate change legislation and the trucking industry:.. (Photo from vnf.com: Oil Rigs) 
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