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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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National average gasoline prices increased to $2.36 per gallon heading toward the Memorial Day holiday with 36 states registering price increases, according to AAA.
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The nation's average price of a gallon of unleaded fell 1 cent to $2.34 per gallon for the week ending May 15, which marked a third week of declining prices, according AAA.
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The national average price of regular unleaded fell 4 cents to $2.35 per gallon for the week ending May 8, as a result of "an unseasonable glut of gasoline in the U.S. market," according to AAA.
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The average fuel economy of new vehicles sold in April reached 25.3 mpg, which was a 0.1 mpg increase from March, according to the University of Michigan's Transportation Research Institute.
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The national average price of unleaded gasoline declined 3 cents to $2.39 per gallon to reach a level that's 9 cents higher than a month ago and 18 cents higher than a year ago, according to AAA.
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These are some of the tried-and-true methods that fleets should consider when looking to reduce fuel costs.
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WEX Inc. of South Portland, Maine, has introduced its next-generation platform as ClearView Advanced, which adds features that help fleet managers better identify drivers who purchase expensive gasoline and send them messages.
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The national average price for a gallon of regular unleaded increased 1 cent to $2.42 during the week and is now 13 cents higher than a month ago and 29 cents higher than a year ago, according to AAA.
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The national average price for a gallon of regular gasoline increased 2 cents to $2.41, which marked a 2-cent increase on the week and a high-water mark for 2017, reports AAA.
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The national average price of a gallon of unleaded gasoline increased 6 cents to $2.39 for the week ending April 10 following the switch over to more expensive summer-blend gasoline and increased driving demand, according to AAA.
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