The average price of a gallon of unleaded gasoline fell 1 cent to $2.13 ahead of a Wednesday meeting of oil-producing Middle East nations at a time when gasoline has reached its lowest level in almost a decade, reports AAA.
by Staff
November 29, 2016
Photo via Wikimedia.
1 min to read
Photo via Wikimedia.
The average price of a gallon of unleaded gasoline fell 1 cent to $2.13 ahead of a Wednesday meeting of oil-producing Middle East nations at a time when gasoline has reached its lowest level in almost a decade, reports AAA.
Gasoline is now seven cents lower than a month ago and nine cents more than a year ago.
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Average gas prices are below $2 per gallon in 12 states today including: Missouri ($1.88), Oklahoma ($1.89), Arkansas ($1.90), Kansas ($1.90), Texas ($1.90), Mississippi ($1.93), South Carolina ($1.94), Alabama ($1.94), Tennessee ($1.94), Louisiana ($1.96), Minnesota ($1.98) and Virginia ($1.98), according to AAA.
The West Coast continues to be the most expensive market for gasoline, including the only four states in the nation where drivers are paying more than $2.50 on average, including Hawaii ($2.85), California ($2.67), Washington ($2.60) and Alaska ($2.60).
Federal data mirrors this trend as the average price for a gallon fell one-tenths of a cent to $2.154 per gallon for the week ending Nov. 28. The price is 9.5 cents lower than a year ago, according to data from the U.S. Energy Information Administration.
Meanwhile, the average price of diesel fell one-tenths of a cent to $2.42 for the week. Diesel is now one-tenths of a cent lower than a year ago, according to federal data.
National average jumps to $4.04 per gallon, up sharply from last year, with West Coast prices topping $5 and further increases expected amid rising oil tensions.
With oil prices rising again, AWP Safety’s fleet manager shares how to respond to rising fuel costs and how the right strategy can turn fuel spikes into cost-saving opportunities.
Rapid swings in crude oil prices driven by the conflict in the Middle East could create longer-term cost pressures for fleets, affecting fuel prices, supply chains, and vehicle strategy, says NTEA’s Andrew Wrobel.
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Fleet managers can use the DOE’s 2026 Fuel Economy Guide to benchmark MPG across powertrain types using side-by-side vehicle ratings and compare new model-year options.