A logging business in North Carolina is closing because of inflation and high gas prices. I haven't talked to a logger in the last few years that is making money, according to its owner. Over the past year, gasoline prices have gone up. A family-run logging business in North Carolina is shutting down because of high gas prices and inflation. Goodson set up All Terrain Logging 37 years ago, but he couldn't find a way to keep the business going. Goodson said in a video posted on his YouTube channel that he was closing his business because he hadn't talked to a logger in the last few years that was making money. Goodson said that he was going to sell his equipment because he could not park it for a long time waiting for the economy to improve. Fuel prices in the US have gone up as a result of post-pandemic demand. The US Energy Information Administration says regular gasoline cost $4.49 per gallon on average on Monday, an increase of nearly 50% from a year ago. Though crude oil prices have fallen recently, oil refining has become a problem in the energy market, pushing up gas prices. Goodson told News Channel 12 that a truck is going to get five miles to the gallon when it is running 700 to 800 miles a day. I didn't see a way out. Goodson is making business harder because of rising gas prices. He told News Channel 12 that there were shortages of trucks and the cost of equipment had gone up. Between April 2021 and April 2022, the price of vehicles increased by 13.2%, while used car and truck prices increased by 22.7%. Goodson said that logging is a $300 billion industry in the US and that we are at the bottom of the totem pole. There are a lot of people that are going to feel the pain when we fail. According to the US Bureau of Labor Statistics, there were just over 9000 logging and forestry establishments in the US in the third quarter of 2011. 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