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Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.
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Today’s national gas price average is $2.18, which is the same price as last week, five cents less than a month ago, but 47 cents cheaper than a year ago.
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The infusion of $350 million will accelerate development of fully electric options and a move into Classes 7 and 8.
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The national average for gas prices dropped to $2.18, which 48 cents cheaper than mid-September last year, and is being driven by low oil prices.
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On the week, all states saw gas prices decrease or stabilize at the pump. States with the largest declines are paying a nickel to a dime less, but the majority of state averages pushed cheaper by a few pennies since last Monday.
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The national average for gas prices dropped 2 cents this week, with a majority of state averages seeing minor drops and a few states in the Midwest witnessing price drops ranging from a nickel to a dime.
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Gas prices jumped 5 cents to $2.23 as a result of Hurricane Laura, but the national average is expected to push cheaper in the week ahead.
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Gas prices are at $2.18, maintaining prices that have stabilized for the past few weeks and are currently the same prices as a month ago and are 41 cents cheaper than a year ago.
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WEX has launched a voice command solution for AI virtual assistant Amazon Alexa, which is designed to offer fleet managers and administrators quick insight into fleet expenses through easy-to-read graphs and charts.
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The national gas price average has pushed only as expensive as $2.20 since the beginning of the pandemic, AAA said. In the last four weeks, motorists have seen the national average slowly decrease, down to today’s average.
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Lucid Motors achieved this independently verified range through in-house development of the drivetrain, in which it “miniaturized and integrated” the vehicle’s motors, transmission, and inverter and paired them with a 900+ volt architecture to achieve compactness and efficiency.
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