Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Gasoline Prices Remain Steady

February 21, 2017

Photo via Wikipedia.
Photo via Wikipedia.

The national average price of a gallon of unleaded gasoline remained essentially flat at $2.28 over the Presidents' Day weekend, according to AAA.

The price has fallen five cents in the past month and remains 56 cents more than a year ago.

Federal data showed a five-tenths cent increase to $2.302, which is 57.2 cents higher than a year ago.

Prices remained flat due to lower driving demand and an oversupplied market after an increase in U.S. production. As refinery maintenance season begins and driving demand increases, some of the U.S. gasoline supply could be soaked up, according to AAA.

The nation’s top five markets that have seen the largest monthly decreases include West Virginia $2.27 (11 cents), New Jersey $2.33 (9 cents), Pennsylvania $2.53 (9 cents), Illinois $2.29 (9 cents) and Delaware $2.22 (9 cents).

The nation’s top five most expensive markets include Hawaii ($3.12), California ($2.90), Washington ($2.74), Alaska ($2.71), and Oregon ($2.54).

Meanwhile, the average price of a gallon of diesel increased seven-tenths of a cent to $2.572, which is 58.9 cents higher than 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

What made Henry Ford successful where others had failed (or succeeded on a much smaller scale)? It wasn't just his vehicles, excellent as they were-it was his unique understanding of the potential of those vehicles to transform society.

Read more

Up Next

More From The World's Largest Fleet Publisher