The new year has brought with it price drops for gasoline. Americans are expected to spend about $12 billion less at the pump in 2025 compared to last year.
“Seasonality for diesel prices could continue to go up as we get into 2025. Diesel prices tend to peak in the colder months when heating oil demand is higher, diesel’s lower prices will be expected this summer with potentially summer diesel prices falling into the low $ 3-gallon range. Gasoline prices by the end of 2025 may again drop below $3 a gallon,” said Patrick De Haan with GasBuddy.
De Haan warns there is some uncertainty with fuel prices moving forward and the new Administration. He says President Trump’s tariff plan could pose some risks, but he notes Trump’s willingness to drill for oil will help prices slightly, but not by much.
Trade uncertainty—especially regarding soybeans—continues to weigh on future outlooks, even as farm finances and land values remain resilient.
January 06, 2026 03:09 PM
·
Roger McEowen with the Washburn University School of Law joined us to provide legal insight and context on these issues facing agriculture. Today, he discusses pesticide litigation.
January 06, 2026 01:39 PM
·
Sen. Deb Fischer reintroduces the HAULS Act to update hours-of-service exemptions and definitions affecting livestock and agricultural haulers. She joins us on Market Day Report to share more about her proposed legislation.
January 06, 2026 01:28 PM
·
New World Screwworm cases in Mexico, including one within 200 miles of the U.S. border, are adding pressure to livestock markets and trade decisions.
January 06, 2026 12:09 PM
·
According to multiple reports, Sen. Amy Klobuchar is considering a bid for Minnesota governor. If elected, this would open a key seat on the Senate Agriculture Committee.
January 06, 2026 11:30 AM
·
Dr. Seth Meyer Concludes Service; Dr. Justin Benavidez Appointed USDA Chief Economist
January 06, 2026 11:17 AM
·
