Gas prices may be hurting your wallet, but it’s short-lived

Fuel bills have been more expensive lately, but this might be short-lived.

GasBuddy shows that gasoline gained around $0.11 last week, marking the third straight week of increases for gas. Diesel is up nearly $0.04 to $3.59 per gallon.

Energy analysts say the weekly gains are not likely to stay, and they cite concerns around the economy and recent production increases. Oil prices are currently near levels they saw during the pandemic.

Related Stories
High input costs and persistant drought is pushing Midwest growers to rethink planting decisions.
Higher cow numbers and slightly stronger output per cow pushed milk production above last year.
Food inflation is still building in 2026, with beef leading pressure while eggs and dairy offer some relief.
Diesel has eased for now, but the larger 2026 energy outlook still points to elevated fuel costs.
Rotational grazing can improve pasture use and soil health while helping control feed and drought-related risk.
March cold storage data showed generally tighter year-over-year stock levels across several key meat and dairy categories.

LATEST STORIES BY THIS AUTHOR:

In part five of his blog series, “Top 10 Developments in Ag Law and Tax in 2023,” Roger McEowen tackles issue number three, California’s Prop 12 pork regulations.
In part four of his blog series, “Top 10 Developments in Ag Law and Tax in 2023,” Roger McEowen tackles issue number four, the Employment Retention Credit.
In part three of his blog series, “Top 10 Developments in Ag Law and Tax in 2023,” Roger McEowen covers the Corps of Engineers’ mismanagement of Missouri River water levels.
We caught up with country music star Ian Munsick and Mo Brings Plenty during the 2023 NFR about his new documentary.