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Diesel prices surge amid oil production cuts

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U.S. diesel prices have soared back above the $4 per gallon mark and an ag economist says farmers have some decisions to make.

Greg McBride, Director of Brokerage with Allendale, tells Brownfield prices have risen more than 30-cents per gallon since the last week of June due to some cuts in oil production.

“Saudi Arabia has come in and said they will continue to do their voluntary (oil) cuts,” he said.

Diesel prices surge amid oil production cuts

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