The Car and Truck Fleet and Leasing Management Magazine

San Francisco Has Highest Prices at Pump, Cheyenne Has Lowest

March 10, 2008

ARCATA, Calif. --- The latest Lundberg Survey found that gas prices rose more than 9 cents over the past two weeks, resulting in a national average of $3.20 per gallon for self-serve regular, reported.

The survey compared prices compiled March 7 with those compiled Feb. 22 at about 5,000 gas stations nationwide. The highest prices were in San Francisco ($3.58) and the lowest in Cheyenne, Wyo. ($2.99).

Lundberg Survey Publisher Trilby Lundberg warned that gas prices aren't expected to fall anytime soon.

"We should be ready to absorb even higher prices, and quickly," she said. She attributed the higher prices to a number of factors, including OPEC's decision not to raise production, growing world demand for oil, and the "mileage penalty" associated with government-mandated increases in the use of ethanol in gasoline.

"As the mandate brings more ethanol into the pool, the mileage penalty grows," she said. Last year, when 4.3 percent of gasoline was ethanol, vehicles got 1.4 percent less miles per gallon than they would have on non-ethanol gasoline, she said. This year, with a mandate of 6.3 percent, the average MPG will drop by 2.1 percent, she said.

Moreover, Daylight Saving Time will spur added demand throughout the summer, and could result in price increases of "at least 20 to 30 cents at the pump, perhaps by mid-April," Lundberg said.


Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

Donlen Corp. offers fleet leasing, accident management, administrative services, fuel management, remarketing, transportation services, upfitting services, vehicle acquisition, and vehicle maintenance.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher