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.
Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
October 08, 2025 11:19 AM
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Expect firm demand for dependable HRS and SW, steady movement in HRW, more sorting on SRW, and selective bids on durum until full milling results are released.
October 07, 2025 03:02 PM
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Dr. Todd Davis, Chief Economist with the Indiana Farm Bureau, shares a snapshot of his state’s harvest conditions and insights from producers.
October 07, 2025 02:37 PM
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October 07, 2025 02:18 PM
Market analyst Kevin Huddleston said news of trade deals could rebound cotton prices in late fall, and producers need to be ready to strike deals.
October 07, 2025 02:05 PM
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Texas A&M 4-H Director Montza Williams joins for an update on the expected timeline for the program’s new facility and all the associated benefits.
October 07, 2025 01:56 PM
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