Small Biz Feels the Bite from Gas Prices

Last year, entrepreneurs held their breath about spiking fuel costs. Now, they're being forced to take on the challenge

A year ago, spiking gas prices caused a sharp pain in wallets across the country. A year later, the cost of filling up the tank is now a daily sting -- with the national average for a gallon of gas hitting about $2.91, compared to $2.23 last year. Indeed, the ripple effect that has been created as the price of gas tops $3 a gallon in some areas runs both wide and deep. Everything from transporting goods and services to taking a taxi to the prices on products that are dependent upon oil have all been dramatically affected by the soaring costs.

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