Industry News

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May 9, 2013

WEX Says Increased Supply and Low Demand Reducing Fuel Prices - Industry News

<p>The WEX Index shows fuel prices during the last 12 months. Image courtesy WEX.</p>

WEX stated the national retail price for a gallon of gasoline started the month at $3.55 per gallon, which is down close to 10 cents per gallon from where the price started in April.

Tags: gas prices, Fuel Prices, Diesel Prices, WEX Index, WEX Inc.

April 4, 2013

WEX Says Fuel Prices Falling, U.S. EIA Predict Lower Prices Later This Year - Industry News

<p>WEXIndex Retail Fuel Price Index is a monthly publication produced by WEX Inc. with market insights provided by OPIS Energy Group.</p>

Both retail and wholesale gasoline prices are dropping, according the monthly WEX Index. Diesel is also expected to decline due to weakening demand and the spring thaw.

Tags: gas prices, Fuel Prices, Diesel Prices, WEX Index, WEX Inc.

March 5, 2013

Report Says Fuel Prices Could Start Falling This Month - Industry News

<p>This chart shows fuel price activity between Feb. 2011 and Feb. 2013. Chart courtesy WEX Inc.</p>

A new report from WEX says fears about summer gasoline supply caused the recent price increases and that gas prices should slowly fall throughout March. WEX also expects a drop in diesel prices, but not as much as for gasoline.

Tags: gas prices, Diesel Prices, WEX Index, WEX Inc.

February 7, 2013

Gas Prices Increasing Earlier in 2013 - Industry News

<p>WEXIndex Retail Fuel Price Index is a monthly publication produced by WEX Inc. with market insights provided by OPIS Energy Group.</p>

According to the monthly WEX fuel report, retail gasoline prices have hit their highest levels since October and have begun an early surge compared to previous years.

Tags: gas prices, Fuel Prices, WEX Index, WEX Inc.

January 4, 2013

Gas Prices Fall, But Start Year At Record Highs - Industry News

<p>WEXIndex Retail Fuel Price Index is a monthly publication produced by WEX Inc. with market insights provided by OPIS Energy Group. &reg;Copyright 2013, WEX Inc., 97 Darling Avenue, South Portland, ME 04106. Reproduction without permission is strictly prohibited.</p>

According to WEX Inc., while gas hit its lowest price per gallon for 2012 on Dec. 20, a slight jump closed the year at the highest national average ever.

Tags: gas prices, Fuel Prices, Diesel Prices, WEX Index, WEX Inc.

December 6, 2012

Gas Prices Continue to Drop for Winter, Diesel Stagnates - Industry News

<p>WEXIndex Retail Fuel Price Index is a monthly publication produced by WEX Inc. with market insights provided by OPIS Energy Group. Copyright 2012, WEX Inc., 97 Darling Ave., South Portland, ME 04106. Reproduction without permission is strictly prohibited.</p>

While gasoline prices continued to drop in the month of November, diesel prices have stagnated. WEX said diesel prices will likely trickle down just slightly over the next few weeks.

Tags: gas prices, Fuel Prices, Diesel Prices, WEX Index, WEX Inc.

November 13, 2012

Retail Gas Prices Hit 100-Day Low for National Average in October - Industry News

<p>WEXIndex Retail Fuel Price Index is a monthly publication produced by WEX Inc. with market insights provided by OPIS Energy Group. Copyright 2012, WEX Inc., 97 Darling Ave., South Portland, ME 04106. Reproduction without permission is strictly prohibited.</p>

Despite fuel issues in the Northeast states, U.S. retail gasoline prices in October hit their lowest levels since July.

Tags: gas prices, Fuel Prices, WEX Index, WEX Inc.

July 5, 2012

Summer Fuel Prices Likely Nearing Bottom - Industry News

<p><em>Click to enlarge.</em></p>

Experts predict that some of the lower priced areas could see prices head north again, but not by any large amount. Some of the higher priced areas like the West Coast still have room to go down, and prices should continue to fall, albeit at a fairly slow rate before flat lining in the coming weeks.

Tags: Wright Express, gas prices, Fuel Prices, Diesel Prices, summer fuel prices, WEX Index

June 7, 2012

National Retail Fuel Prices Continue Decline - Industry News

<div>WEXIndex Retail Fuel Price Index is a monthly publication produced by Wright Express with market insights provided by OPIS Energy Group. Copyright 2012, Wright Express Corp., 97 Darling Ave., South Portland, ME 04106. Reproduction without permission is strictly prohibited.</div>

Despite this drop in the national average, refinery issues have continued to cause West Coast prices to remain at levels well above $4 per gallon. Experts say, however, that the issues have been resolved and prices should drop.

Tags: Wright Express, gas prices, Fuel Prices, Diesel Prices, summer fuel prices, Gasoline Prices, WEX Index

February 7, 2012

New Reports Say Gas and Diesel Prices Will Continue to Climb into Spring - Industry News

SOUTH PORTLAND, ME and WASHINGTON - New reports from Wright Express and the U.S. Energy Information Administration say gas prices are likely to fall between $3.50 and $3.75 in early spring.

Tags: Oil Prices, Wright Express, gas prices, Department of Energy, EIA, Diesel Prices, WEX Index

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