As planting season pushes on, fuel bills are getting cheaper.
Diesel has fallen nearly $0.03 per gallon over the last week. The nationwide average is around $3.51. Gasoline prices have also fallen, for the second straight week, coming down around $0.04 since last week, and holding at around $3.10 per gallon.
Analysts with GasBuddy say higher than normal volatility is likely to stick around for some time, but they note Americans are spending around $200 million less on fuel than this time last year.
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“The producer is excited about planting. He’s not excited about these prices.”
“Very uncertain time for farmers as we try to navigate what’s ahead with these trade relationships.”
“When we look at this kind of extreme weather and the way that things are moving, that injects a little more risk into our decision making.”