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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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WEX, Inc. has struck an agreement with the holding company of Shell Oil Products to issue Shell-branded fuel payment cards to commercial fleets starting later this summer, the Portland, Maine-based payment provider has announced.
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The average price of regular unleaded remained steady at $2.97 per gallon over the Memorial Day holiday and could be easing off their spring increase. Crude oil prices have also begun to fall from their three-year high, according to AAA.
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The national average price of a gallon of regular unleaded jumped 12 cents to $2.93 over the past two weeks, ahead of the Memorial Day holiday and reaching the highest level for this holiday weekend in four years, according to AAA.
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Mastercard has unveiled a fleet fuel payment service that is designed to reduce spend by integrating fuel and maintenance monitoring available on connected vehicles into the fuel payment process.
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Fleetcor Technologies, Inc. will test blockchain technology as a way to modernize payments for its commercial fleet clients, especially across international borders, as part of a new initiative with Ripple, which has expertise in the technology, according to the company.
Read More →The national average gasoline price moved sharply higher for the week ending May 14, following the Trump administration's decision to withdrawal from an Obama-era nuclear deal and reimpose sanctions on the country.
Read More →The national average price of a gallon of regular unleaded leveled off at $2.81 for the week ending May 7, following steady increases that increased the price more than 12% since early March.
Read More →The average price of a gallon of regular unleaded has reached $2.81 today — the highest level since November of 2014 when pump prices average $3.34.
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Booster, a gas delivery service, announced that fuel delivery and tire care services are available for fleets in Texas and California.
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Corporate sustainability initiatives continue to be strong, but this strategy is tempered by infrastructure constraints and the limited availability of low- or no-emission OEM-built vehicles capable of fulfilling varied fleet applications.
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