Hurricane Laura Causes Gas Price Increase
Gas prices jumped 5 cents to $2.23 as a result of Hurricane Laura, but the national average is expected to push cheaper in the week ahead.
Gas prices jumped 5 cents to $2.23 as a result of Hurricane Laura, but the national average is expected to push cheaper in the week ahead.
Gas prices are at $2.18, maintaining prices that have stabilized for the past few weeks and are currently the same prices as a month ago and are 41 cents cheaper than a year ago.
Agility Fuel Solutions hosted a press conference during the first day of ACT Virtual that delved into the details of the newest generation system.
WEX has launched a voice command solution for AI virtual assistant Amazon Alexa, which is designed to offer fleet managers and administrators quick insight into fleet expenses through easy-to-read graphs and charts.
The national gas price average has pushed only as expensive as $2.20 since the beginning of the pandemic, AAA said. In the last four weeks, motorists have seen the national average slowly decrease, down to today’s average.
Lucid Motors achieved this independently verified range through in-house development of the drivetrain, in which it “miniaturized and integrated” the vehicle’s motors, transmission, and inverter and paired them with a 900+ volt architecture to achieve compactness and efficiency.
When comparing the average cost of fueling with regular gasoline and EV charging, the cost is about 55% lower for EVs — though some states tilt considerably more favorable for EVs than others.
A majority of states saw gas prices drop by one to two cents or saw no change at the pump. Though low, the volatility was enough to drive the national average down a penny from last Monday to $2.17.
Gasoline prices held steady at $2.18 as the majority of state averages saw minimal impact at the pump, maintaining overall price stabilization.
WEX has extended its partnership with Enterprise Fleet Management to continue to offer its fuel card solution for customers of the fleet management company.
As COVID-19 case numbers surpass 4 million, demand for gasoline is weakening across the country. The lower demand contributed to a cheaper national average on the week; this is the first time since late April that the national average has declined.
Gasoline prices remained at $2.19 for the second week in a row after a weeks of increases, following significant drops earlier in the year due to the COVID-19 pandemic.
Prices are nine cents more than last month but nearly 60 cents less than a year ago.
Booster, a same-day fuel delivery service, has secured all the required permits and regulatory licenses to deliver gas and diesel in D.C. and Maryland.
The national average price for gasoline rose one cent to $2.18, despite a dip in U.S. demand for gasoline.
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