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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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China is setting a deadline for automakers to end the sale of fossil-fuel powered vehicles as the country looks to reduce oil consumption and pollution and push for the development of electric vehicles. Regulators are working on a timetable for the ban.
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The national average gasoline price increased 3 cents to $2.67 from a week ago as drivers in states bearing the brunt of Hurricane Irma paid significantly higher prices to fuel their vehicles, according to AAA.
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The station is located in Hickory, North Carolina, and is the company's 11th public refueling station.
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The average fuel economy of new vehicles has decreased by 0.1 mpg in August, to 25.3 mpg, from July, according to Brandon Schoettle and Michael Sivak, Ph.D., researchers from the University of Michigan's Transportation Research Institute (UMTRI).
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The national average gasoline price spiked 27 cents to $2.65 for the week, as a result of Hurricane Harvey's deluge in the Gulf Coast, according to AAA.
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To aid in the effort to bring supplies and fuel to areas affected by Hurricane Harvey, the Federal Motor Carrier Safety Administration and the State of Texas have lifted several trucking regulations to cut down on red tape and smooth the flow of goods.
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National gasoline prices spiked amid the devastation caused by Hurricane Harvey, as the average price increased 4 cents to $2.37 per gallon for the week ending Aug. 28, according to AAA.
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The national price of a gallon of regular unleaded fell 2 cents to $2.33 for the week of Aug. 21 as fuel prices rose on the West Coast and Rockies, and fell in the Midwest, East Coast, and South, reports AAA.
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The average fuel economy for new vehicles increased 0.3 mpg to 25.4 mpg in July from June levels as a result of a lower proportion of pickups offered, according to the University of Michigan's Transportation Research Institute (UMTRI).
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The nation's average price of regular unleaded stayed at $2.35 per gallon for the week ending Aug. 14 as a result of strong demand, high imports, and increasing production, according to AAA.
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