High Gas Prices Bother People

By Freddie Pierce
With gas prices beginning their seasonal climb earlier than ever this year, analysts are predicting record-breaking amounts of griping from oil-addicte...

With gas prices beginning their seasonal climb earlier than ever this year, analysts are predicting record-breaking amounts of griping from oil-addicted Americans looking for a cheaper fix, but unwilling to confront and kick the habit that makes up the biggest link in the global supply chain.

Already, the U.S. political landscape has been altered by opportunists looking to seize advantage of the assumed public outrage over gas prices that have risen to $4 a gallon in some states.  For some, quite apart from the fact that this represents the further pummeling of a vanishing middle class and a knockout punch to the lower, the very Presidency itself might be at stake.

It’s a long-term problem, but it requires a short term solution – at least in the eyes of the American voting public.  Supply chains are long, and when they get taut it’s not always because you’ve run out of slack – although there’s certainly a lot of anxiety that that may happen sooner or later.

SEE RELATED STORIES FROM THE WDM CONTENT NETWORK:

·         Apple supply chain under fire from Change.org protest

·         Homeland Security announces supply chain crisis plan

Click here to read the latest edition of Supply Chain Digital

For the time being though, temporary spikes in the price of gasoline can be better managed through more sophisticated supply chain techniques.  Consumers should not have to shoulder this kind of burden when oil companies are posting record profits, but integrated risk mitigation has not yet been addressed satisfactorily. 

Perhaps the savings from their continuously improving supply chain strategies can be passed on to John and Jane Smith, who would like to be able to get to work, please.

Click here to download Supply Chain Digital’s iPad app!

Share

Featured Articles

The Global P&SC Awards: One Month Until Submissions Close

Just one more month until submissions close for The Global Procurement & Supply Chain Awards in 2024

Top 100 Women 2024: Susan Johnson, AT&T – No. 6

Supply Chain Digital’s Top 100 Women in Supply Chain honours AT&T’s Susan Johnson at Number 6 for 2024

WATCH: Ivalua and PwC Navigate the Future of Procurement

In this on-demand webinar, leaders from PwC and Ivalua examine key findings from the consulting giant’s Global Digital Procurement Survey 2024

Top 100 Women 2024: Karen Jordan, PepsiCo – No. 5

Digital Supply Chain

P&SC LIVE New York: Patricia Mendoza Rodriguez – VP

Procurement

One More Month to Go: Procurement & Supply Chain LIVE Dubai

Digital Supply Chain