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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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When comparing the average cost of fueling with regular gasoline and EV charging, the cost is about 55% lower for EVs — though some states tilt considerably more favorable for EVs than others.
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A majority of states saw gas prices drop by one to two cents or saw no change at the pump. Though low, the volatility was enough to drive the national average down a penny from last Monday to $2.17.
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Gasoline prices held steady at $2.18 as the majority of state averages saw minimal impact at the pump, maintaining overall price stabilization.
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WEX has extended its partnership with Enterprise Fleet Management to continue to offer its fuel card solution for customers of the fleet management company.
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As COVID-19 case numbers surpass 4 million, demand for gasoline is weakening across the country. The lower demand contributed to a cheaper national average on the week; this is the first time since late April that the national average has declined.
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Gasoline prices remained at $2.19 for the second week in a row after a weeks of increases, following significant drops earlier in the year due to the COVID-19 pandemic.
Read More →Prices are nine cents more than last month but nearly 60 cents less than a year ago.
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Booster, a same-day fuel delivery service, has secured all the required permits and regulatory licenses to deliver gas and diesel in D.C. and Maryland.
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The national average price for gasoline rose one cent to $2.18, despite a dip in U.S. demand for gasoline.
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The national average price for gasoline rose to $2.17, following continued increases on gasoline demand, and is up four cents from last week.
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