Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Gasoline Falls to $2.29 Per Gallon

December 30, 2014

Photo via Wikipedia.
Photo via Wikipedia.

The average price of a gallon of unleaded gasoline fell 10.4 cents to $2.299 for the week ending Dec. 29, closing out a year of sharply declining fuel prices that have brought gasoline prices to a 5-year low.

The price of unleaded is now $1.032 lower than it was a year ago, according to federal data. For the week, prices fell in nine regions tracked by the U.S. Energy Information Administration. The Rocky Mountain region led the decline, falling 15.6 cents to $2.228 per gallon. Gulf Coast gasoline remains the cheapest at $2.073 per gallon.

The average gasoline price has fallen below $2.50 per gallon in 38 states. It has fallen below $2 per gallon in Oklahoma ($1.98) and Missouri ($1.934), according to the AAA's Daily Fuel Gauge Report.

Meanwhile, the average price of diesel fuel fell 6.8 cents to $3.213. Diesel costs 69 cents less than it did a year ago.

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

FleetFAQ

Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All

 

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All

 

Sponsored by

In the fleet industry, this term refers to how usage of one vehicle compares to that of another.

Read more

Up Next

More From The World's Largest Fleet Publisher