AAA: Gas Prices Rise to Four-Month High
BURNSVILLE, Minn. --- Gasoline prices are at their highest levels since last Nov. 9, with the current nationwide average price of self-serve, regular unleaded gasoline at $2.363 per gallon, according to the Auto Club.
BURNSVILLE, Minn. --- Gasoline prices are at their highest levels since last Nov. 9, with the current nationwide average price of self-serve, regular unleaded gasoline at $2.363 per gallon. This is more than 6 cents higher than last month and more than 33 cents higher than a year ago, the Auto Club reported. "The jump in price occurred after the cost of both crude oil and wholesale gasoline moved sharply higher at the end of last week," said Gail Weinholzer, AAA Minnesota/Iowa spokesperson. "Crude oil briefly traded above $63 per barrel and whole sale gasoline was up as much as 15 cents per gallon." The price picture for gasoline will clarify in the next few days once it is known whether OPEC will keep oil production unchanged and if Iran will be referred to the United Nations Security Council for possible sanctions because of its nuclear ambitions. Energy analysts are divided on what actions OPEC nations might take at tomorrow's meeting. However, analysts do have some optimism that Russia will reach a deal with Iran, whereby they agree not to engage in the processing of uranium on a scale needed for nuclear weapons for at least seven years. In addition, pump prices are rising faster in the Midwest than in other regions, AAA said. That's partly attributable to the rising cost of ethanol, which is heavily blended with gasoline in this area, and because refineries serving the Midwest are beginning their seasonal switchover to producing summer grade fuels.
More Fuel
Turning Fleet Payment Data into Executive Insights
Ramel Lindsay of U.S. Bank Voyager discusses how fleets can transform payment and transaction data into actionable intelligence to reduce costs, improve oversight, and support executive decision-making.
Read More →
Why the IRS Raised Its Mileage Rate in the Middle of 2026
Fuel-price volatility drove the rare increase to 76 cents per mile, the fifth midyear adjustment since 2000.
Read More →
July Fuel Update: Prices Keep Rising in Light of More Conflict
Gas prices continue to rise as more and more conflicts do, too.
Read More →
Bob Adamsky on Fuel Volatility: "Don't Panic, Have a Plan."
When it comes to up and down fuel prices, Adamsky has a message for fleets: “Don’t panic.”
Read More →
How Fleets Can Gain Control of Non-Fuel Spend
Fuel often gets the spotlight, but non-fuel expenses can have a major impact on fleet costs. Ramel Lindsay of U.S. Bank Voyager discusses how fleets can gain better visibility and control over these often-overlooked expenditures.
Read More →
Fuel is Just the Start: How Middle East Tensions are Driving Up Fleet Maintenance Costs
The Middle East conflict is doing more than pushing up fuel prices. It’s also raising the cost of key maintenance products your fleet depends on, from motor oil to tires to windshield wipers. Here’s what you need to know about this budget-busting situation.
Read More →
June Fuel Update: Prices Fall Below $4
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.
Read More →
Study: How 2026's Gas Price Hikes Affect Different Vehicle Types
New data from iSeeCars reveals how rising fuel costs have affected different vehicle segments as gasoline prices climbed nearly 46% over the past four months.
Read More →Are You Tracking Your Fleet's True Total Cost of Ownership?
Bobit Business Media surveyed 190 fleet professionals and found that while most fleets are tracking costs, fragmented systems and data gaps are keeping true TCO visibility out of reach. With rising pressure to control spend in an increasingly volatile environment, the gap between what fleets think they know and what the data actually shows is wider than you might expect. See how your peers are managing costs today and where the industry still has room to improve.
Read More →
May Fuel Update: All Regions Experience Declines
Gas prices are finally easing in much of the country, but experts warn global tensions could quickly reverse the trend as the national average remains well above last month’s levels.
Read More →