Gasoline Falls to $2.94 Per Gallon
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.
Photo via Wikipedia.
Photo via Wikipedia.
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.
The average price has fallen 76.3 cents since June 23, when the national price stood at $3.704 per gallon. The average national price has now reached a low it hasn't reached since Nov. 29, 2010, when the price reached $2.856 per gallon, according to the U.S. Energy Information Administration. Gasoline costs 25.3 cents lower than it did a year ago, and fell below $3 per gallon for the week ending Nov. 3.
Prices fell in all nine of the regions tracked by the agency with the sharpest drop coming on the West Coast where it fell 6.9 cents to $3.168 per gallon. Regular unleaded now costs below $4 in all 50 states and District of Columbia, and costs below $3 in 27 states. South Carolina now has the cheapest gasoline at $2.675 per gallon, according to the AAA's Daily Fuel Gauge Report.
Meanwhile, the average price of diesel rose 5.4 cents to $3.677 per gallon. Diesel now costs 15.5 cents lower than it did a year ago.
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 →