(Area) Fuel prices are at record levels, and fuel price spreads are also in uncharted territory. Scott Wilson, Energy Customer Risk Manager with GROWMARK, says fear is fueling the markets.
Wilson says there are also supply issues supporting diesel prices. Diesel inventories are at their lowest levels in two years.
Wilson says the big question will be what consumers will do in the coming weeks, especially for those who have not been traveling much these last two years.
Again, that’s Scott Wilson of GROWMARK.
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Submitted by Chad Smith
Source: FBRD (Farm Broadcaster)
Audio provided by DeLoss Jahnke, WMBD/WIRL, Bloomington, Illinois
Audio with Scott Wilson, Energy Customer Risk Manager, GROWMARK