Fuel prices have been rocky lately, and it stems from a recent decision out of the White House, according to GasBuddy.
“The Biden administration issued harsher sanctions on shipping companies and vessels that would operate and take sanctioned crude oil from countries like Iran and Russia and deliver it to countries like China and India. Those reinforced sanctions will likely curb the flow of oil from those countries, essentially leading to a lower global oil supply,” said GasBuddy’s Patrick DeHaan.
DeHaan says tariff talks are also having an impact, specifically against places like Canada, which is our largest energy trade partner.
“The U.S. receives a significant amount of crude oil, especially from Canada, and so the Saber rattling on the front of threatening Canadian tariffs has had an impact on prices. And if President-elect Trump does follow through on those tariffs, will likely have a drastic potential impact on the economies of both the U.S. and Canada.”
Winter temperatures are also playing a role. More cold weather is expected in places like the Northeast, which could lead to more oil set aside for heating.
Hunter Biram, an extension economist with the University of Arkansas, is tracking Mississippi River water levels as grain shippers shift their focus to transportation following the wrap-up of fall harvest.
November 18, 2025 01:24 PM
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With feed supplies running tight, producers can tap into some creative options, according to University of Pennsylvania Veterinarian and Professor Dr. Joe Bender.
November 18, 2025 01:13 PM
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Shawn Haney, Host of RealAg Radio on Rural Radio SiriusXM Channel 147, joined us on Tuesday’s Market Day Report with the latest news from Canada impacting the ag sector.
November 18, 2025 12:47 PM
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Dr. Deb Vnoverbeke, UNL’s Head of Animal Science, joins us with more about the university’s experiential learning programs designed to prepare veterinary students for the future of agriculture.
November 18, 2025 12:37 PM
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New SDRP funding and expanded loss programs give producers additional tools to rebuild cash flow and stabilize operations after two years of severe weather losses.
November 18, 2025 11:56 AM
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The new WOTUS proposal narrows federal jurisdiction, restores key agricultural exclusions, and gives farmers clearer permitting rules after years of regulatory uncertainty.
November 18, 2025 10:58 AM
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