Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Gas Prices Jump Ahead of Labor Day Weekend

August 28, 2001

The brief respite from high gasoline prices isover. After falling in June and July, gasoline prices are surging again ahead of the Labor Day weekend, according to industry observers.Supply concerns in the Midwest have pushedwholesale prices to their highest level in more than two months, and consumers could be in for a rough few months at the pump, analysts say.Trouble at several refineries, along with dwindling U.S. gasoline stockpiles and unusually high summer demand, fueled the sharp increase in prices.The September gasoline futures contract on the New York Mercantile Exchange closed at 83.82 cents a gallon, up 10.6 cents since July and at the highest level since June 19.Pump prices already are on the rise. Nationally,regular unleaded is averaging $1.49 a gallon, up six cents from a week ago, according to the U.S. Energy Information Administration.
Twitter Facebook Google+


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.


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Sponsored by

former president of McCullagh Leasing and past president and chairman of AALA

Read more

Up Next

More From The World's Largest Fleet Publisher