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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 average fuel economy rating of new vehicles sold in March reached 25.2 mpg, which was a 0.1 mpg increase from February, according to the University of Michigan's Transportation Research Institute (UMTRI).
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The national average price of a gallon of gasoline has reached $2.33 per gallon — a level last seen in January, reports AAA.
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California's Gov. Jerry Brown has proposed raising gasoline taxes and vehicle fees to raise $5 billion per year to repair the state's crumbling streets, highways, and bridges.
Read More →The average national price of gasoline remained at $2.29 per gallon for the week ending March 27 amid discussion by the Organization of the Petroleum Exporting Countries (OPEC) to extend a production cut by another six months.
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Cost estimates for meeting MPG and pollution standards are overstated by as much as 40 percent, according to a study by the International Council on Clean Transportation (ICCT).
Read More →The national average price of a gallon of regular unleaded remained flat at $2.29 per gallon for the week ending March 20, as drivers are now paying about 31 cents more than a year ago, according to the AAA.
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Vowing to end the "assault on the American auto industry," President Donald Trump promised to reopen a federal review of fuel economy standards that was concluded in the waning days of the Obama administration at an event outside of Detroit.
Read More →The national average price for unleaded gasoline has fallen for 10 consecutive days to $2.30 per gallon following nearly a month of flat prices, according to AAA.
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On March 3, Derive Efficiency hosted a track day for public and private fleets and the media, showing the differences in performance between a stock vehicle and one calibrated for optimum efficiency.
Read More →The average price of unleaded gasoline increased 2 cents to $2.31 from a week ago and now sits four cents higher than a month ago and 50 cents above a year ago with U.S. and Middle East oil production poised in a counter-balance.
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