As planters get rolling, fuel could cost a little more this week.
Fuel prices are rising across the board. Diesel has gained a cent since last week, holding around $3.55 per gallon nationwide. The cheapest state for diesel is Texas, where it is right around $3.10 per gallon.
Gasoline prices have risen for the second consecutive week, gaining nearly $0.03 over the last week, and it is currently $3.11 per gallon.
GasBuddy says the gains are because of refinery issues, which could continue, and send gas prices up another $0.10-$0.35 over the next few months.
Related Stories
New rule speeds leasing and permitting for federal oil and gas development
Texas Farm Bureau President Russell Boening joined us with the latest update on storm conditions and impacts across the state.
Mike Knotts with the Tennessee Electric Cooperative Association joined us with the latest on storm impacts, power restoration, and safety considerations following the ice storm.
Brooks York with AgriSompo joined us with his outlook on crop insurance and risk management following the recent winter storm that tore through most of the United States, including the Midwest.
Payment totals alone do not show financial stress — production costs and net losses complete the picture.
Year-round E15 remains on the table, but procedural caution and competing regional interests pushed action into a slower, negotiated path.