According to Catsimatidis’ latest forecast, sick call-ins from warehouse workers, truckers, loaders, and others in the supply chain are bottlenecking the system.
The increase of oil fees serves as just another cog that’s making the supply chain’s return to normal even more difficult. Therefore, the labor market is expected to continue experiencing issues over the next six weeks.
Meanwhile, with labor shortages, freight issues, and problems with vendors on the rise, this threatens access to food like eggs and meat. Likewise, as all these issues transpire, the demand for goods like meat, eggs, and other supplies is only surging.
What are the viable solutions?
In truth, there are multiple viable pathways to averting these crises; however, no one should hold their breath waiting for the Biden administration to act accordingly.
Nowadays, gas prices are through the roofs because Biden significantly hampered US energy production. The president could begin to reverse this pattern by getting out of the way of oil and gas drilling.