THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
The average national price of gasoline remained at $2.29 per gallon for the week ending March 27 amid discussion by the Organization of the Petroleum Exporting Countries (OPEC) to extend a production cut by another six months.
National average prices for retail regular unleaded gasoline continued their decline this week to $2.27 and have fallen for 21 consecutive days, reports AAA.
The national average price of gasoline returned to New Year's levels, falling eight of the past nine days to reach $2.34 per gallon, according to AAA.
The national average gasoline price increased to $2.37 per gallon for the week ending Jan. 9 in an upward move driven by the OPEC announcement of a production cut in late 2016, according to AAA.
Gasoline prices for New Year’s are the highest they’ve been since 2014 and have reached $2.34 per gallon for the week ending Jan. 2, according to AAA.
Gasoline prices have increased about 7% in December and have reached $2.29 per gallon for the week ending Dec. 27 but are still significantly lower than this time in 2014 and 2013.
The national average price for a gallon of regular unleaded has increased for 20 of the 21 days leading up to Dec. 19 to reach $2.24, which marks the highest level since October, according to AAA.
The national average price of gasoline has increased for 14 days in a row to $2.21 on Dec. 12 after the Organization of Petroleum Exporting Countries (OPEC) agreed to cut oil production.
The national average price of gasoline increased five cents to $2.18 following an agreement from oil-producing countries in the Middle East to cut production.
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.