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
The ACRE Act modestly reduces farmland borrowing costs now, with more savings possible once federal guidance clarifies which loans qualify.
Higher menu prices and tax-free tips are reshaping restaurant economics, sharply lifting server take-home pay even as diners face higher out-the-door costs.
USMEF’s Jay Theiler discusses his leadership role in representing U.S. beef and pork and provides an update on this week’s conference in Indianapolis.
Manure from a hog farm is more than just waste; it is also becoming a key renewable resource for operations.
As economic pressures continue to squeeze agriculture, ag lenders are signaling a more cautious outlook for farm profitability heading into next year, particularly among grain producers facing lower commodity prices and higher operating costs.
The Dairy Checkoff’s new approach to consumer marketing helps farmers bridge the gap between physical vs. digital touchpoints and deliver more end sales.

LATEST STORIES BY THIS AUTHOR:

One Iowa man’s story is a powerful reminder of service, sacrifice, and home.
If the House concurs and the President signs, USDA services and farm-bill programs resume at full speed with authorities extended for another year.
Kate Walker has the story, highlighting how students are learning to protect and preserve natural resources while gaining valuable technical and teamwork skills.
The Summit Cup is the fourth and final event in the Major League Fishing Team Series. Catch the action live on RFD-TV, starting on Sunday, November 16.