CHICAGO (RFD-TV) — As input costs continue to rise, diesel prices have held steady in recent weeks. Energy analysts at GasBuddy advise keeping an eye on some behind-the-scenes developments.
“So long as oil prices remain low, we have seen the U.S. rig count start to decline,” said Patrick Haan with GasBuddy. “In fact, the rig count is now below maintenance levels, meaning that there is the potential that the lower rig count we are seeing today will translate in time to a drop in U.S. oil production. That is something that oil companies will likely respond to the lower price of oil by cutting additional drilling.”
As of Thursday, September 25, AAA reports that the average cost of a gallon of diesel remains steady at $3.69. One year ago, that same gallon cost around $3.58. Gasoline prices are also seeing some action lately. A gallon currently costs $3.16, down from $3.21 per gallon last year.
Harvest is a diesel-hungry time of year—and while those prices could drop in the coming weeks, some states are still holding at more than $5 a gallon.
“Diesel prices… well, they’ve started to ease a little bit as well, though not as much as gasoline. Diesel prices,” Haan said. “Still, in Washington state, [diesel prices] are averaging about $5.04. That’s down about a penny in the last week. When it comes to gas prices, motorists need not be in any hurry to fill their tanks. I do expect that nine-cent decline in average prices will continue for the next couple of weeks.”
CoBank Knowledge Exchange’s Jeff Johnston shares the group’s positive perspective on expanding data centers into rural areas and weighs the risks and rewards for those communities.
January 16, 2026 01:44 PM
·
Farm CPA Paul Neiffer discusses how January’s WASDE report could impact ARC and PLC payments and updates on disaster relief programs as farmers navigate a challenging market environment.
January 16, 2026 01:34 PM
·
National Corn Growers Association Chief Economist Krista Swanson discusses corn supply pressures, market fundamentals, policy considerations, and producer outlook for the year ahead.
January 16, 2026 01:13 PM
·
Soft equipment sales signal cautious farm spending as producers prioritize cash flow over expansion.
January 16, 2026 07:00 AM
·
Wind repowering offers a rare opportunity to renegotiate outdated leases and improve long-term land income for landowners who act early.
January 16, 2026 06:00 AM
·
Rep. Erin Houchin of Indiana discusses how the Affordable Homes Act will benefit rural communities, and her broader efforts to improve access to affordable housing.
January 15, 2026 03:04 PM
·
Iowa Secretary of Agriculture Mike Naig discusses market conditions, policy priorities, and his outlook for agriculture moving forward.
January 15, 2026 01:36 PM
·
Congressman Dusty Johnson of South Dakota joined us to discuss key ag policy developments and his outlook for agriculture in 2026.
January 15, 2026 12:51 PM
·
Record ethanol production and improving blending demand continue to support corn usage despite rising short-term inventories.
January 15, 2026 11:47 AM
·
