With how often fuel costs change based on any number of factors, how much has it changed within one month?
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?
This uptick continues the rising trend we have seen since early November 2020, and has finally eclipsed prices same time last year.
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.
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.
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.
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.
The national average price of gasoline fell 2 cents to $2.55 per gallon, which is 5 cents lower than a month ago due to declining demand, according to AAA.
The national average price of regular unleaded moved 1 cent lower to $2.57 for the week ending Dec. 9, as Ohio, California, and several other states saw more significant price declines.
The price of a gallon of regular unleaded remained stable with a 1 cent decline to $2.58 for the week following a near-record Thanksgiving travel weekend, according to AAA.
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