How High Diesel Prices Are Creating A Hidden Tax For Consumers
By CNBC
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California is home to the busiest containership ports in the country. Many of the goods that enter through those ports must travel hundreds or even thousands of miles before they reach distribution centers, meaning a portion of the supply chain pays California diesel prices-the most expensive in the U.S. CNBC’s Pippa Stevens breaks down what that means for consumers. Reporter: Pippa Stevens Produced and Edited by: Macklin Fishman Animation: Emily Park, Jason Reginato Senior Managing Producer: Shawn Baldwin Senior Director of Video: Lindsey Jacobson Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small
Tags: California, Port of Los Angeles, Port of Long Beach, San Pedro Bay port complex, imports, exports, trade, gas, diesel, oil, energy, consumer prices, consumer goods, supply chain, trucks, trains, economy, business, markets, fossil fuels
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