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DeHaan: Oil Community Watching The U.S. Economy
DeHaan: Oil Community Watching The U.S. Economy
DeHaan: Oil Community Watching The U.S. Economy
Oil prices continue to soften, not on news from China, not because of the on-going war in Ukraine, but concerns over the U.S. economy.  Patrick DeHaan with GasBuddy said investors are concerned about everything from Wall Street to Main Street.   “...
Washington Farm Economy Looks Good For The Year Head
Washington Farm Economy Looks Good For The Year Head
Washington Farm Economy Looks Good For The Year Head
The Ag economist for the Washington State Department of Agriculture says 2023 is shaping up to be a good year for the farm economy across the Evergreen state.  Madi Roy says the Washington farm economy is fairly stable right now, but many are proceeding with caution.  One of ...
DeHaan: Oil Prices Expected To Climb On News Of Russian Cuts
DeHaan: Oil Prices Expected To Climb On News Of Russian Cuts
DeHaan: Oil Prices Expected To Climb On News Of Russian Cuts
Oil prices climbed slightly over the past two weeks following the news that Russia is going to trim oil production in the months ahead.  Patrick DeHaan with GasBuddy said while Russian oil is facing sanctions because of the invasion of Ukraine, that does not mean this production cut won’t impact international prices.   “Much ...
Legislation Designed to Protect U.S. Ag from Foreign Adversaries
Legislation Designed to Protect U.S. Ag from Foreign Adversaries
Legislation Designed to Protect U.S. Ag from Foreign Adversaries
The bipartisan Promoting Agriculture Safeguards and Security, or PASS Act was recently introduced in both the U.S. House and Senate.  Supporters of the legislation say it will protect U.S. national security by preventing foreign adversaries from taking any ownership or control of agricultural land and businesses in the United States.  The bil...
Oil Prices Continue To Move Higher
Oil Prices Continue To Move Higher
Oil Prices Continue To Move Higher
Oil prices continue the march higher we’ve seen through the first three weeks of 2023.  West Texas Crude was up slightly in Monday’s trade, around $81 per barrel.  Patrick DeHaan with Gasbuddy said there are several issues pushing oil prices higher, and tops on that list, China.   “Reopening its economy, the...
Will Fuel Prices Continue To Fall Into 2023?
Will Fuel Prices Continue To Fall Into 2023?
Will Fuel Prices Continue To Fall Into 2023?
Consumers enjoyed a bit of relief at both the gas and diesel pump to wrap up 2022.  Fuel prices started to fall in some locations in early November, and continued through December, thanks to dropping oil prices, and economic uncertainty both in the U.S., but a...
China Weighing On The Mind Of Oil Investors
China Weighing On The Mind Of Oil Investors
China Weighing On The Mind Of Oil Investors
West Texas Crude traded around $71 per barrel in last week’s trade, the lowest level we’ve seen in roughly a year.  Patrick DeHaan with GasBuddy said the economic uncertainty that has pushed oil prices lower for the past two-plus months continues to weigh on the minds of investors.  He said while there’...
DeHaan Fuel Prices Expected To Continue To Drop
DeHaan Fuel Prices Expected To Continue To Drop
DeHaan Fuel Prices Expected To Continue To Drop
Thanks to international issues and pressures, oil prices have been fairly volatile over the past couple of weeks.  Patrick DeHaan with GasBuddy said the price for a barrel of West Texas Crude fell last week, thanks to China’s zero COVID policy, which locked down the 2nd largest economy in the world.   Howeve...

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