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Energy

Now Is the Worst Time for Diesel to Get Expensive

Agricultural equipment largely runs on diesel, and with the harvest season coming up, that spells bad news for farmers.

A farmer looking at diesel prices.
Heatmap Illustration/Getty Images

Gas prices are climbing again.

As the United States and Iran confusingly engage following the end of a 60-day “memorandum of understanding” between the two warring countries, the fuel market has begun to readjust yet again, continuing the volatility that has confounded analysts since mid-February. While the gasoline most drivers buy has seen its price increase — the national average gas price now sits at $4.09 a gallon, according to AAA, compared to $4 a month ago and $3.13 a year ago — the most dramatic increase has been in diesel. The price of that fuel — a crucial input to the agricultural economy, as well as an important heat source in certain parts of the U.S. — now sits at $5.50 a gallon, up around 14 cents on the week and close to its peak price for the year in June. It’s also dramatically higher than the $3.70 a gallon it was selling at a year ago.

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Yellow
AM Briefing

Operation Blue Skies

On electrolyte factories, Josh Shapiro's flip, and Canadian clean power

Contrails.
Heatmap Illustration/Getty Images

Current conditions: Firefighters are encircling Belgium’s largest fire on record, just the latest blaze in Europe as historic heat waves roast the continent • The Canadian wildfire smoke that billowed into Michigan this summer cost the state nearly $6.7 billion • The string of storms that now includes the habagat, or southwest monsoon, hammering the Philippines has displaced 5.2 million Filipinos so far.


THE TOP FIVE

1. Trump pushes to open 45 million acres of national forests to logging

The Trump administration is barreling forward with a plan to open close to 45 million acres of wilderness in national forests to road construction and logging, removing protection The New York Times said has been in place for a quarter century. The U.S. Forest Service’s proposal would rescind a Clinton-era rule enacted in 2001 to bar roadways from routing through certain areas. The repeal is a major victory for Republican states and industry groups that lobbied for years to revoke the protections, and even unsuccessfully sued more than a dozen times to strike down the so-called roadless rule.

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Blue
Daily Briefing

The Data Center Trojan Horse

The last week of Wisconsin’s politics show the risks of the data center issue for Democrats — and decarbonization.

David Crowley.
Heatmap Illustration/Getty Images

This is an edition of Heatmap Daily, an evening review of the day’s news written by our executive editor. Sign up for it here.

Perhaps data centers don’t matter as much as we think.

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Green