The Car and Truck Fleet and Leasing Management Magazine

Gasoline Price Falls Below $4

August 03, 2008

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline continued to slip below its all-time high set July 7, weakening an additional 10.9 cents to $3.955 per gallon, according to a federal report released July 30.

This was the third consecutive week in which the U.S. average decreased and the first time in eight weeks that the average price fell below $4 a gallon, according to the weekly report from the Energy Department's Energy Information Administration (EIA).

On the East Coast, the price dropped 8.4 cents to $3.96 per gallon. For the second week in a row, the price in the Midwest went down more than in any other region, plummeting 15.4 cents to $3.827 per gallon; it is now the lowest of any region.

The Gulf Coast price declined 8.5 cents to $3.857 per gallon. The price in the Rocky Mountain region decreased the least of any region, falling 4.5 cents to $4.06 per gallon. The West Coast price moved 11.8 cents lower to $4.245 per gallon. The average in California dropped 14.3 cents to $4.317 per gallon.

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

The anticipated length of time between an order’s placement and delivery.

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