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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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According to a recent report from the U.S. Energy Information Administration, several fuel-efficient technologies that can deliver significant reductions in fuel consumption are currently or will soon be available for standard gasoline vehicles.
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At $3.65, gasoline prices in early July are the highest since 2008 when the price was close to $4.10, according to WEX Inc. But experts predict prices to slowly fade for the remainder of July.
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Sales of diesel passenger cars increased 25 percent during the first six months of 2014, while sales of gasoline cars grew 4.2 percent and hybrid growth turned negative, according to new data.
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The price of a gallon of regular unleaded is now 18.6 cents higher than it was a year ago as prices continue their sideways trajectory following a spike in the early spring.
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The national average price of gasoline remained unchanged at $3.704 per gallon for the week ending June 30, according to the U.S. Energy Information Administration.
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The national average price of gasoline rose 1.8 cents to $3.704 per gallon for the week ending June 23, reports the U.S. Energy Information Administration.
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Google and a growing number of automakers are making big bets that self-driving vehicle technology is the future of transportation and have been incorporating various levels of autonomous driving capabilities in their latest products.
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The national average price of gasoline remained essentially flat, rising 1.2 cents to $3.686 for the week ending June 16, according to federal data.
Read More →American Power Group Corporation has announced its subsidiary, American Power Group (APG) Inc., has received an order from Caribbean Power Group S.R.L. to convert 38 heavy-duty trucks to operate on APG’s Turbocharged Natural Gas dual-fuel system.
Read More →Payment processor Comdata is seeking to raise $855 million in debt financing as part of a plan to retire some of its parent company's debt ahead of the Comdata initial public offering.
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