LeadStory

CBS America

Farmers, truckers feel pinch of rising energy costs

CBS America · Current
CBS America
CBS America
Current

The average cost of a gallon of regular gas is now over $4 for the first time since 2022, when Russia invaded Ukraine. Diesel prices also rose on Tuesday, reaching $5.45 a gallon. When energy prices rise, the prices of most other goods rise as well.

Breakdown
  • Average gas price exceeds $4 per gallon, highest since 2022. 4s
  • Diesel now costs $2 more per gallon, hitting farmers and truckers hard. 1m 13s
  • Fertilizer shortages and high prices threaten farming capacity. 1m 38s
  • Farmers urge immediate government action to address rising costs. 2m 4s
  • Rising costs could affect food prices and future farm generations. 2m 20s
EnergyRural & AgricultureEconomy