'Oil Rises Will Drive Hauliers to the Wall'

Daily PostOctober 14, 2004

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Summary


EMPLOYERS organisation the CBI last night warned that record oil prices could drive some North Wales-based hauliers out of business.

The cost of a barrel of crude oil broke through the $54 mark in New York for the first time ever yesterday -- putting more pressure on garage forecourt prices for motorists and piling on the agony for businesses which rely on road transport.

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'Oil Rises Will Drive Hauliers to the Wall'

North Wales CBI chairman Tony Allan said the soaring oil price was now one of the most serious threats faci...

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