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Fuel-price volatility drove the rare increase to 76 cents per mile, the fifth midyear adjustment since 2000.
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Gas prices continue to rise as more and more conflicts do, too.
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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.
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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.
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As Q2 shows a decrease in fuel consumption, see what kind of impact this has on fuel prices and the industry in this video.
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While fleets are ordering 2023 vehicles in robust volumes, many allocations are still sold out. Get the inside scoop on this and other current industry trends in this week's State of the Fleet Industry video.
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Shopper interest in electric vehicles has increased to 66% since January, when gas prices started to rise.
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On top of the pandemic, supply chain shortage, and the distant danger of long-term inflation, the war in Ukraine has helped drive fuel prices skyward. Will it last? And what can be done about it?
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EV shopping increased the most among non-luxury buyers – those hit hardest by higher gas prices – and for electric SUVs versus cars.
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Compared to low-octane gasoline, natural gas is about 12 pesos cheaper per liter and represents a savings of about 500 pesos per 40-liter tank.
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