The Car and Truck Fleet and Leasing Management Magazine

Pump Prices Rise Ahead of Memorial Day

May 22, 2017

Photo by Vince Taroc.
Photo by Vince Taroc.

National average gasoline prices increased to $2.36 per gallon heading toward the Memorial Day holiday with 36 states registering price increases, according to AAA.

The average price for a gallon of unleaded gasoline increased 2 cents from a week ago and 8 cents from a year ago. Prices were 6 cents lower a month ago.

The week's price increase came amid rising demand and crude oil prices. National gasoline inventories fell 600,000 barrels to 240.7 million.

More than 34 million Americans plan to take a road trip this Memorial Day for an increase of 800,000 drivers over a year ago.

The states with the biggest price increases in the past week include Ohio (10 cents), Michigan (9 cents), California (8 cents), Indiana (6 cents), Delaware (4 cents), and Nevada (4 cents),.

The states with the most expensive gasoline include California ($3.06), Hawaii ($3.06), Alaska ($2.90), Washington ($2.88), Oregon ($2.73), Nevada ($2.72), Pennsylvania ($2.57), Idaho ($2.54), Washington, D.C. ($2.54) and Connecticut ($2.50).

Meanwhile, the average price of diesel fell five-tenths of a cent to $2.539. Diesel is now 18.2 cents higher than a year ago.

Twitter Facebook Google+

Comments

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.

FleetFAQ

Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All

 

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All

 

Sponsored by

Chuck Davis was vice president of PHH Arval’s used-vehicle sales department from 1983 until his retirement in 2005.

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