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Soaring diesel prices taking a toll on Oklahoma rancher
Belden says his harvest equipment burns 90 to 100 gallons a day, and diesel is adding up to $1,400 a week to his costs.
- Rancher Belden faces rising operating costs, reporting that surging diesel prices add $1,000 to $1,400 more to his weekly expenses. He burns 90 to 100 gallons daily for his ranch and custom harvesting operations.
- According to AAA, the average price for a gallon of diesel reached $6.32 on Thursday, marking an increase of more than 65% since the war began in February.
- Donald Trump last week secured a deal to import 300,000 tons of diesel fuel from Russian President Vladimir Putin, though experts caution the agreement may not significantly reduce costs for consumers.
- With midterm elections less than three weeks away, economic concerns dominate voter sentiment, and Belden, a three-time Trump voter, warns that Republicans may pay a political price.
- While Belden has absorbed these costs so far, he warns his business cannot continue operating under current conditions without immediate intervention to prevent further spikes.
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Soaring diesel prices taking a toll on Oklahoma rancher - Regional Media News
In Broken Arrow, Oklahoma, third-generation rancher Scott Belden is in the middle of harvest. And anxious. "It's probably the most stressful time in my life," Belden, 55, said. It's not just the demanding time of year that has the lifelong rancher uneasy - the record-breaking [...]
Soaring diesel prices taking a toll on Oklahoma rancher - The Pulse of NH
Scott Belden hauls hay at his Broken Arrow, Oklahoma, cattle ranch. (ABC News)In Broken Arrow, Oklahoma, third-generation rancher Scott Belden is in the middle of harvest. And anxious. "It's probably the most stressful time in my life," Belden, 55...
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Total News Sources13
Leaning Left1Leaning Right1Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 16%
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