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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 a gallon of regular unleaded fell 2 cents to $2.47 for the week ending Oct. 16, as fuel prices level out and return to pre-hurricane levels, reports AAA.
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A pair of federal lawmakers from Michigan have proposed a bill that would make it easier for automakers to meet fuel economy requirements.
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The average price of a gallon of regular unleaded is now 18 cents lower than a month ago, when two hurricanes caused havoc in the Gulf Coast region, according to AAA.
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The average fuel economy of new vehicles sold in September remained unchanged from August at 25.3 mpg, according to Brandon Schoettle and Michael Sivak, researchers from the University of Michigan's Transportation Research Institute (UMTRI).
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Gasoline-powered cars have become the most sold car type in the European Union, overtaking diesel in the first half for the first time since 2009.
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The nation's average price for a gallon of regular unleaded fell 2 cents to $2.55 for the week ending Oct. 2 as prices remain somewhat elevated from earlier years due to the impacts of two hurricanes, according to AAA.
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Explore the many ways fuel costs can get out of control and how you can stop it.
Read More →The new solution uses local fuel prices, combined with fleet vehicle miles per gallon information, to calculate a geographically accurate cents-per-mile reimbursement rate for fuel expenses.
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The nation's average gasoline price fell 5 cents to $2.57 per gallon, especially in Texas, where Hurricane Harvey made landfall a month ago, according to AAA.
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The national average price of regular unleaded fell to $2.62 per gallon, and reached a 14-day low that AAA attributed to a return to normal operations in Florida and Texas, following the impact of two major hurricanes.
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