diesel prices

With diesel prices more than $1.50 per gallon higher than this time last year, the American Farm Bureau Federation is calling on the Administration to bring more domestic supply online.  The Ag organization said a ban on U.S. imports of petroleum from Russia, lower domestic production capacity, and seasonal demand are all contributing to higher costs.     ...

Oil prices have held fairly steady over the past couple of weeks.  West Texas Crude was down slightly to $85 per barrel in Monday’s trade.  But, despite the last of movement, fuel prices had been steadily dropping since early October.   So, why the disc...

It’s a trend many consumers, and many motorists have enjoyed as of recent; oil prices moving lower.  In fact, for the past nine weeks, the price for a barrel of West Texas Crude has dropped to $88 in Monday's trade, an over 4% drop from Sunday's numbers.   W...

Inflation is "front and center" for agriculture and other sectors as D.C. lawmakers prepare for the November midterm elections.  Iowa Senator Joni Ernst said farm families, regardless of commodity, are feeling the pinch. “We are in a recession, and a lot of these families that normally are exhilarated by the thought of spending a week-and-a-half away from home with their livestock, with

The American Farm Bureau Federation is out with some dramatic new figures on the toll fuel inflation is taking on producers and consumers.  AFBF Chief Economist Roger Cryan said the cost of growing food and fiber is soaring. “At the retail level, gasoline is up 50% from a year ago and fuel oil is up 100% from a year ago, quite a high-cost increase for farmers," with diesel up 74% from a year

Oregon senator Ron Wyden is speaking out against “Big Oil.”  He said he’s angry about “war profiteering”. “Big oil is charging far more for the same gallon of gas than they were doing, for example, in other times when we had big economic challenges.” Wyden went on to add the major oil ...

The U.S. Energy Information Administration forecasts that a variety of U.S. energy prices will remain historically high through 2023. The outlook includes oil, natural gas, coal, and electricity, as seen in EIA’s June 2022 Short-Term Energy Outlook Tuesday. ...

Just in case you hadn’t noticed, fuel prices have jumped considerably over the past couple of weeks, with gasoline prices and diesel prices moving anywhere from 15-25 cents across the Pacific Northwest over the past week alone. That due in part to oil prices, where are near three-month highs, hovering around $120 per barrel. ...

The first five months of 2022 have been a challenging time for consumers of gasoline and diesel, with prices rising dramatically between January 1st and now. And fuel prices could be moving higher in the coming weeks, with West Texas Crude trading near $120 per barrel in early Tuesday action, up roughly 3 ...

After weeks of volatile oil prices, there has been some stability on the international scene. However, refined products here in the U.S. have continued that roller-coaster movement, with gasoline and diesel prices moving higher over the past week ...