In the world of fleet management, every penny counts. Whether you oversee a bustling delivery fleet or a set of service vehicles, the delicate balance of costs and efficiency is a daily concern. One variable that significantly impacts the equation, yet often flies under the radar, is the ever-fluctuating fuel cost.
Fuel prices can make or break a fleet's budget, and as a fleet manager, being attuned to these fluctuations is not just advantageous; it's essential.
Want more? Check out the January 2024 update! Want to never miss an update? Sign up for the Automotive Fleet eNewsletter today!
September 2023 Gasoline Price Updates
So, where's the cheapest gas as of September 2023?
- Mississippi has the cheapest gasoline prices in the U.S., where the average cost is $3.29 per gallon. It also has the least expensive diesel prices out of the Top 10 states.
- Louisiana has the second-cheapest gas, with the average cost hitting $3.36 per gallon.
- Coming in third place is Texas, with gas prices at $3.38 per gallon.
Further Findings
- California has the most expensive gas prices, with an average cost of $5.33 per gallon of gas, which is $2.24 more expensive than Mississippi.
- Mississippi, Texas, Louisiana, Missouri, and Oklahoma had the top 5 least expensive diesel prices, with Mississippi and Texas under $4 per gallon.
According to data from the Energy Information Administration (EIA), gas demand increased slightly from 8.91 to 9.07 million b/d the last week of August. Meanwhile, total domestic gasoline stocks took a slight step back to 217.4 million bbl. Although demand has increased, fluctuating oil prices have limited pump price increases. Prices stayed in "neutral" through the Labor Day weekend.
0 Comments
See all comments