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Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.
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Michigan's U.S. senators are backing a proposal that would allow automakers to apply credits for model years as far back as 2009 to help them meet future standards to require their car and truck fleets to average 41 miles per gallon by 2021.
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The growing popularity of crossovers and their ambiguous classification has complicated the analyses of fuel efficiency trends and vehicle sales.
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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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