Let's take a look at trends in fuel prices. That's what we'll see in This Land of Ours.
The national average gasoline price rose for the fourth consecutive week, rising 8.7 cents from a week ago to $3.26 per gallon. The national average is 16.7 cents higher per gallon than a month ago, but 11.6 cents per gallon lower than a year ago. The national average diesel price rose 10 cents last week to $4.09 per gallon, down 38 cents from a year ago.
“One of the most important factors determining how much gas prices will rise will be how quickly and efficiently refiners complete their pre-summer maintenance and how quickly the EPA “The question is whether we can start producing the mandatory summer gasoline and build up supply in time for Memorial.” Day. “
Although there has been some sideways movement in oil prices, the overall strength remains, with oil prices currently approaching $80, the highest since November. Meanwhile, U.S. retail gasoline demand rose 0.7% in the week ending February 18.
From the National Agricultural Broadcasting Association.
Listen to Sabrina Halverson's This Land Of Ours program here.
Sabrina Halverson
National Correspondent / AgNet Media, Inc.
Sabrina Halverson is an award-winning journalist, broadcaster, and speaker specializing in agriculture. She primarily reports on legal issues and hosts The AgNet Weekly podcast. Sabrina is originally from California's agricultural Central Valley.
