Fuel prices reached record levels this month, and price spreads have been in unchartered territory. Scott Wilson, Energy Customer Risk Manager with Growmark, says fear has been fueling the markets.
Supply issues have been supporting diesel prices. Wilson says diesel inventories are at their lowest levels in a few years.
Wilson says the rapid rise in gas prices across the country comes at a time when the American people are looking forward to traveling more after being held back the last two years due to the COVID-19 pandemic.
