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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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The average price of a gallon of unleaded gasoline fell 10.4 cents to $2.299 for the week ending Dec. 29, closing out a year of sharply declining fuel prices that have brought gasoline prices to a 5-year low.
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December DEF prices will see some of the highest bulk DEF prices in 2014, according DEF Tracker. There has been large month-to-month increase in DEF prices for all modes of supply in December.
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The price of a gallon of gasoline in California could potentially increase by as much as 16 to 76 cents per gallon on Jan. 1 under a new state regulation to reduce greenhouse gas emissions.
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The national average price of gasoline has fallen to a level not seen in more than five years, as it slid 15.1 cents to $2.403 for the week ending Dec. 22, according to federal data.
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Beverage companies have increased the fuel economy of their fleets by nearly 13% since 2010, according to recent findings by the American Beverage Association.
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WEX Fleet One has launched the Fleet One Mobile app that allows drivers to check fuel prices in real time.
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The trend of falling gasoline prices continues as the national average price is 12.5 cents cheaper for the week ending Dec. 15. The average is currently $2.55 per gallon.
Read More →Air Products has announced the sale of a hydrogen fueling station to Hyundai Motor Company Australia (HMCA). The fueling station will initially be used to fuel a Hyundai ix35 hydrogen-powered zero-emission fuel cell electric vehicle.
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The Elk Grove Village, Ill., HVAC company recently converted 90 percent of its fleet to gasoline/LPG bi-fuel systems, significantly reducing fuel and maintenance costs.
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The national average price of gasoline fell 9.9 cents to $2.679 per gallon for the week ending Dec. 8 and is now more than $1 less per gallon than it was just six months ago.
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