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.

Related Stories
Tidal Grow’s AlignN delivers encapsulated nitrogen to leaves, boosting in-season response, yield gains, and farm profits.
RealAg Radio host Shaun Haney explains how geopolitical developments in the Middle East can create energy-driven pressures that impact the supply chain and reshape demand for certain ag products.
U.S. Agriculture Faces Mixed Weather, Market Pressures
Strong exports and production support ongoing corn demand.
Surging energy markets are quickly becoming a cost story for U.S. agriculture as crude oil climbs on supply fears tied to the Middle East conflict.
Logistics remain firm, but freight costs continue to rise.

LATEST STORIES BY THIS AUTHOR:

StoneX Director of Fertilizer Josh Linville looks at fertilizer market volatility, potential impacts on planting decisions, and what farmers should watch as the global situation in the Middle East continues to unfold.
House ag leaders had hoped to get the Farm Bill voted on by Easter, but no dates have been secured just yet.
Kansas State University agricultural economist Dr. Gregg Ibendahl discusses rising diesel prices, the influence of global oil markets, and the potential impact on farmers heading into the spring planting season.
Vive’s Art Graves shared insights on the new Phobos FC 360 foliar fungicide, its advantages for Canadian growers, early performance results, and the company’s ongoing commitment to advanced crop protection solutions.