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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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Retail industry drivers purchase more premium fuel and higher-priced fuel on average than other industries, while telecommunications, insurance and government fleets keep overspending in check, according to data from WEX Inc.
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The national average price of regular unleaded remained flat compared to a week ago, following a brief spike caused by some disruptions on the Colonial Pipeline, according to AAA.
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Automakers beat U.S. fuel-economy standards for the 2015 model year for the fourth year in a row, reaching an average of 29.4 miles per gallon for passenger cars, which marked an all-time high, according to an annual report from the U.S. Environmental Protection Agency.
Read More →The Colonial Pipeline Co. hopes to bring a significant gasoline supply line back online by Saturday, less than a week after a blast that could reduce gasoline supply to the Southeast and Northeast, Reuters has reported.
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An explosion in Alabama on what’s said to be the biggest fuel pipeline in the U.S. Monday will likely lead to a temporary price spike in diesel and gasoline in the Southeast states served by the pipeline and also may affect the Northeast.
Read More →WEX and ExxonMobile have agreed to extend their partnership to offer fleet payment cards for another 10 years. WEX has also extended an agreement with Imperial Oil Limited.
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The national average price of a gallon of unleaded remained mostly flat for the week ending Oct. 31, staying in the $2.21 range, reports AAA.
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The national average price of regular unleaded continued its steady decline this week to near $2.22 and finished the week with a slightly higher price that a year ago, according to data from AAA and the federal government.
Read More →ARI's Fuel Cost Reduction Program, which has helped companies better understand, manage and reduce their annual fuel costs by improving driver behavior and identifying less expensive gas stations, has earned the company a place on the first-ever Analytics 50 ranking.
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The national average price of gasoline has been inching lower to $2.24 per gallon over the past nine days and drivers are now paying 3 cents less than a year ago as of Oct. 17, according to AAA.
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