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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 national average price for gasoline fell 4.3 cents to $2.778 for the week ending Dec. 1, continuing a fuel price decline expected to mirror the declining price of oil.
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The national average price of gasoline fell 7.3 cents to $2.821 per gallon for the week ending Nov. 24, according to federal data.
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Ford has increased the fuel efficiency of its 2015 F-150 by up to 29 percent with a lighter-weight aluminum body, pushing highway mpg for a gasoline-powered pickup to 26 mpg.
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The national average price of a gallon of unleaded gasoline fell 4.7 cents to $2.894 for the week ending Nov. 17. The latest price decline continues a trend of falling fuel prices that began in late June.
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If one word could describe the forecast for CY-2015 operating costs, it would be "flat." The upbeat forecast is for gasoline and diesel prices to slightly decrease, while maintenance and tire costs are predicted to remain stable.
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The operating cost forecast for medium-duty trucks is stable for the upcoming calendar year, with fuel economy and cost reduction the top concerns.
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Gasoline and diesel prices, on average, in 2014 are virtually the same as in 2013, with some variances depending on region. Similarly, PM costs are flat and stable commodity prices have contributed to less volatility in tire prices.
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The national average price of a gallon of unleaded gasoline fell 5.2 cents to $2.941 per gallon for the week ending Nov. 10, extending a recent price slide that began in late June, according to federal data.
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The average price of a gallon of regular unleaded fell below $3 per gallon for the first time since late 2010 when it reached $2.982 per gallon on Dec. 20 of that year, according to federal data.
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Hyundai and Kia have agreed to pay $100 million in a settlement for misstating the fuel economy of some 1.2 million vehicles they sold from the 2012 and 2013 model years.
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