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.
Both imports and exports are moving through the Panama Canal at a slower pace as the ag industry continues to deal with drought-related restrictions.
December 26, 2023 02:51 PM
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December 14, 2023 05:22 PM
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A glimpse into the mindset of the University of Kentucky’s trio of arborists as they relish their role in fostering healthy urban spaces across campus.
December 14, 2023 01:12 PM
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Getting strange calls or texts from “Amazon” after placing holiday gift orders? In this AARP Live Minute, experts from AARP reveal three Amazon imposter scams to watch out for as you navigate the holiday season.
December 14, 2023 11:28 AM
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December 08, 2023 09:56 AM
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Beekeepers across the nation face a common challenge during winter—helping bee colonies survive the harsh conditions. Now, a new product developed by an innovated apiarist is changing the game. Enter, the Hive Hugger.
December 07, 2023 12:30 PM
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