The Car and Truck Fleet and Leasing Management Magazine

Gasoline Falls to $2.53 Per Gallon

February 20, 2018

Photo by Vince Taroc.
Photo by Vince Taroc.

The national average price of a gallon of unleaded gasoline fell four cents to $2.53 per gallon for the week ending Feb. 20 and has fallen 3% from its 2018 high of $2.61 that was reached on Feb. 5, according to AAA.

Gasoline remains one cent higher than a month ago and 25 cents higher than a year ago, but motorists in nearly every state are paying less at the pump in recent days. The Midwest and Southern states have seen the most significant declines. This week, only Hawaii and Indiana saw their state average increase.

"The question isn’t how low will they go, but how long will we see prices decline," said Jeanette Casselano, AAA spokeswoman. "A handful of major refineries are undergoing maintenance. If production slows at a high rate and if crude oil prices jump, these events could push pump prices back up in late February or March."

States with the largest monthly decreases include Michigan (19 cents), Illinois (13 cents), Ohio (13 cents), Kentucky (10 cents), Indiana (eight cents), Alaska (five cents), Maryland (five cents), Georgia (five cents), Mississippi (four cents), and North Carolina (four cents).

States with the least expensive gasoline include Texas ($2.27), Mississippi ($2.27), Missouri ($2.27), Alabama ($2.27), South Carolina ($2.28), Ohio ($2.28), Arkansas ($2.32), Oklahoma ($2.33), Tennessee ($3.33), and New Mexico ($2.34).

Meanwhile, the average price of diesel fell 3.6 cents to $3.027, which is 45.5 cents higher than 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.


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

Remaining active in the fleet industry for more than 50 years, Ed Bobit is chairman and founder of Bobit Business Media (BBM), Automotive Fleet editor, and a founding AFLA member.

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