Piwik

The Car and Truck Fleet and Leasing Management Magazine

Fuel Management

Gas Prices Increase Again Across U.S. Due to Tighter Supplies

May 16, 2013

Despite a recent streak of falling gasoline prices, and predictions of future lower prices, they’re on the way up again, with the average price of a gallon of regular unleaded gasoline hitting $3.58 on Monday, May 13, according to AAA’s most recent Fuel Gauge Report.

This price is 6 cents up from the previous week and up four cents from April 13. The company said the main drivers of these across-the-board price increases are tighter supplies and refinery maintenance (planned and unplanned) in the middle of the U.S. and on the West Coast.

AAA noted these price increases are occurring nationwide rather than on a regional basis, with only two states, West Virginia and Ohio, paying less for a gallon of gas than they did a week ago. Six states, including Oregon, Minnesota, Washington, Oklahoma, Nebraska, and Iowa, saw prices jump by 20 cents since last week and 13 states have seen prices increase by at least 10 cents.

The top 10 states with the highest prices on Tuesday, according to AAA’s report, included Hawaii, at $4.35; California and Alaska, at $4.04 per gallon; Illinois, at $3.99; Oregon, at $3.92; Washington, at $3.91; Minnesota, at $3.84; Indiana, at $3.79; North Dakota, at $3.78; and Michigan, at $3.78.

Related Whitepapers

Comments

  1. 1. Anil Bishnoi [ May 19, 2013 @ 08:32AM ]

    I think this price is more of demand driven rather than tight supplies and refinery maintenance. Due to the increasing participation of NG in energy inputs. And if we see it in weekly chart it is showing a new bullish trend started and start of a new impulsive wave. In the coming qarter the NG prices could be seen near 6 USD or higher.

  2. 2. Anil Bishnoi [ May 19, 2013 @ 08:34AM ]

    I think this price is more of demand driven rather than tight supplies and refinery maintenance. Due to the increasing participation of NG in energy inputs. And if we see it in weekly chart it is showing a new bullish trend started and start of a new impulsive wave. In the coming qarter the NG prices could be seen near 6 USD or higher.

 

Your Comment

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



Fuel Saving Strategies Survey

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

Fleet Incentives

View information regarding fleet incentives and other fleet-related programs direct from the major manufacturers.
 

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 
Sponsored by