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May Fuel Update: Prices Spike Again Across the Nation
Fuel prices have risen in all 50 states, with the average increasing by almost 39 cents.
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SEARCHMENUSEARCHFuel prices have risen in all 50 states, with the average increasing by almost 39 cents.
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The national average price for gasoline rose to $2.13 continuing a rise following record lows amid the COVID-19 pandemic, though the rate at which gas prices are increasing across the country is slowing.
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The national average price for gasoline rose to $2.10 after finally hitting the $2 mark the previous week following months of low fuel prices amid the COVID-19 pandemic.
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The national average price for gasoline finally rose past the $2 average, reaching to $2.03.
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Gas was one penny more expensive than the previous week, though demand, overall, is still down by nearly 25%.
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The national average price for gasoline rose three cents to $1.87 for the start of the Memorial Day work week but is still near lows not seen during the same period of time since 2003 where the average price for fuel was $1.50 on average.
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The national average price for gasoline continued to rise slightly, now up to $1.84, though approximately 40 states carry an average of price of $2 per gallon or less.
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Shell Oil Products US has launched its Shell Fleet Maintenance Hub, a digital maintenance platform that grants users access to all of their fleet maintenance data and a network of discounted maintenance providers through a single online portal.
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As the country gradually reopens, certain states are seeing weekly pump price increases of 27 cents (Wisconsin), 19 cents (Ohio) and 16 cents (Indiana).
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Due to the wide range of fuel technologies available to fleet managers today, it's a great time to figure out which products and services are best suited for your fleet.
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The national average gasoline price dropped to $1.77, and only one dozen states carry an average of $2 per gallon or more.
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