Fuel
Diesel prices are causing sticker shock, as fears of a possible diesel shortage are growing. It’s not just retail diesel prices that are rapidly rising. Some farmers report booking off-road diesel for above $5.
Diesel prices hit $5.58 a gallon on Friday, smashing another record. With NOAA predicting an above-normal hurricane season, it could introduce more trouble for already short diesel supplies.
Even with the partial ban by the European Union, one industry expert says it’s possible diesel prices will see a slight reprieve in the coming weeks; however, it won’t come in the form of dollars.
U.S. diesel prices are the highest ever, with warnings of shortages, especially in the eastern U.S., and the most intensive part of the farming season is still ahead.
CEO of ClearFlame says its modified diesel engines in trucks and farm machinery offer the same power and performance of traditional diesel engines but with lower fuel costs and fewer emissions. Look for them this summer.
As the conflict between Russia and Ukraine continues, soaring crude prices mean higher pump prices in the U.S. What are gas and diesel prices in your area?
Since May 2020, the national average retail prices of fuels have nearly doubled. So, what’s driving the increase in prices? John Phipps breaks down the reality of politics versus economics.
Oil prices rose by about 2% on Monday, extending gains as an energy crisis grips major economies amid a pick-up in economic activity and restrained supplies from major producers.
Auga says its M1 tractor can replace a 400 horsepower diesel tractor and run for up to 12 hours thanks to larger, quick-change gas cartridges.
LP is 3 cents lower on the week at $1.01 per gallon. February 2016 natural gas opened today at $2.29 -- up 37 cents from our last Fuels in Focus. Farm Diesel is 5 cents lower on the week at an average of