Fuel prices are sliding again as planting season continues

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.

LATEST STORIES BY THIS AUTHOR:

Texas Agriculture Commissioner Sid Miller discusses the state’s latest efforts to prevent the New World screwworm from reaching Texas.
Economists are also closely watching how policy decisions in Washington could influence markets moving forward. Analysts say deferred futures for corn, soybeans, and wheat suggest markets are operating near break-even levels, not at prices that would encourage expanded production.
House Agriculture Committee Chairman “GT” Thompson is pushing a “Farm Bill 2.0.”
University of Nebraska President Dr. Jeffrey Gold joined us with important insights on drug safety and rural health during the winter months.
Quinn Rutt of Upstream Ranch previews the Nebraska cattle operation’s 49th Annual Production Sale where buyers can expect standout sire groups and a blend of long-standing ranch practices with modern genetic selection.
Jim Matheson, CEO of the National Rural Electric Cooperative Association, provides new updates on winter storm impacts and the outlook for rural power reliability.