Ironically, this year's Forum in Reno preceded one of the most tumultuous periods in our nation's economic history. After watching the price of fuel skyrocket in recent months, its spectacular decline in the past few weeks has been even more astounding. Airlines are reducing fuel surcharges, and other modes will undoubtedly follow suit. But the price of oil is probably the only bright spot in what could arguably be called the worst economic crisis to hit the US (and the world) since the Great Depression. One of the reasons the price of oil has dropped is that consumer demand has fallen, not only for gas but also for the goods and services that are moved via commercial vehicles that consume gas, diesel, and bunker oil. So, although we may feel some relief at the pump, the transportation industries continue to suffer.
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