This special report over five articles provides an in-depth examination of 2021 operating cost trends for fuel spend, scheduled/unscheduled maintenance, replacement tire prices, PM spend, warranty recovery, and a forecast of CY2022 expenses.
The national average price for gasoline increased on the week and is at $2.16, however, the average is still cheaper by 42 cents when compared to last year at this time.
Following the Thanksgiving holiday, the average national price for gasoline is at $2.12, two cents more than a week ago, but still down 46 cents from last year.
This Thanksgiving’s national gas price average is shaping up to be the lowest since 2015 at $2.10.
Despite the weekly increase, gas prices remain cheap both compared to last month and last year.
The national gas price average pushed a penny cheaper on the week to $2.11 following an increase in gasoline stocks and a dip in demand.
National average gas prices declined to $2.12 as crude oil prices have continued to decrease amid mounting concerns about the increase in global coronavirus cases and the reinstatement of lockdown policies in some countries.
National average gas prices dropped to $2.16 as decreases in U.S. gasoline demand, supply and imports pushed the national and 44 state gas price averages cheaper on the week.
Fuel price trends were unhindered by Hurricane Delta, which made landfall in southwestern Louisiana as a category 2 hurricane.
That average is the same as a week ago, four cents cheaper than the start of this past September and nearly 50 cents cheaper than last year.
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