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Image of a gas price sign at a gas station

Economics’ Jonathan Ernest explains how higher fuel costs raise prices across the supply chain

Media | September 12, 2026 | Story by: Editorial Staff

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WKYC: Jonathan Ernest, assistant professor of economics at the Weatherhead School of Management, said companies typically don’t absorb higher fuel costs but pass them through the supply chain, ultimately driving up prices for groceries, consumer goods, and deliveries.