The Car and Truck Fleet and Leasing Management Magazine

Gasoline Prices Fall Near Four-Year Low

September 04, 2014

Photo via Wikipedia.
Photo via Wikipedia.

The national average price for gasoline has fallen to the level it reached four years ago as it reached $3.459 per gallon for the week ending Sept. 1, according to federal data.

Gasoline prices have touched similar levels several times since late 2011, when it fell below $3.50 per gallon in October of that year and stayed below that benchmark until February of 2012. It also fell below that level in late 2012 and late 2013. Prior to 2011, gasoline cost below $3 per gallon on average.

For the week ending on Labor Day, the average price of a gallon of regular unleaded rose five-tenths of a cent. It now costs 14.9 cents less than it did a year ago. The price of gasoline fell in five of the regions tracked by the U.S. Energy Information Administration, rose in three regions, and was flat in New England.

The average price of gasoline in now at least $3.50 in 18 states and the District of Columbia, according to AAA's Daily Fuel Gauge Report.

Meanwhile, the average price of diesel also fell during the week to $3.814 cents per gallon marking a seven-tenths cent decline. Diesel now costs 16.7 cents less than it did a year ago.

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.

Sponsored by

MRM stands for Mobile Resource Management. This concept refers to the body of knowledge related to managing mobile resources, including vehicles, devices, and personnel.

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