Fuel and Oils Expenditures in the Agricultural Sector
Expenditures on fuel and oil jumped to $746.3 million in 2024, which was a 13.7–percent decrease from 2023 expenditures of $846.3 million.
A record high was set in 2012 at $948.0 million. The annual expenditures for fuel and oil in the agricultural sector in Nebraska are listed in the data table and graphed in Figure 1 below. The expenditures are in nominal dollars to provide a better comparison.
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Sources: Farm Income and Wealth Statistics - Production Expenses. United States Department of Agriculture, Washington, DC. Nebraska Department of Water, Energy, and Environment, Lincoln, NE.
This report was updated on April 8, 2026.
Typically, there is one year between updates.