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The nation just saw the first weekly drop in the average price of gas since February. See what analysts predict as we head into the warmer months, plus check out which states have the cheapest gas.
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Let's take a look at where fuel prices currently stand in the U.S.
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With how often fuel costs change based on any number of factors, how much has it changed within one month?
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Fuel prices can make or break a fleet's budget, and as a fleet manager, being attuned to these fluctuations is not just advantageous; it's essential. So, where's the cheapest gas at?
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This uptick continues the rising trend we have seen since early November 2020, and has finally eclipsed prices same time last year.
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National average diesel fuel prices were $2.50 per gallon as of Nov. 30, 2020, according to the U.S. Energy Information Administration. This uptick is higher than prices in late June and late August and is reaching peaks not seen since mid April.
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National average diesel fuel prices hit $2.43 per gallon as of June 22. This represents a 3-cent rise from the previous week, but overall, prices are still down around 62 cents per gallon compared to same time last year.
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National U.S. average diesel prices are down $0.04 from the week prior and $0.61 from one year ago, hitting $2.51 per gallon as of April 13, 2020.
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National average diesel prices as of Jan. 6, 2020 were $3.08 per gallon, up 7 cents from the year prior. U.S. propane/propylene stocks increased to 88.9 million barrels.
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The national average gasoline price increased 4 cents to $2.58 as 2019 comes to a close, a spike attributed to unexpectedly higher road travel during the holidays, according to AAA.
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