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Fuel Prices

Fuel Prices Continue to Drop

At $3.43 per gallon, the national gasoline average is almost 17 cents per gallon lower than a year ago, according to WEX Inc.’s August Fuel Price Index. Experts predict prices will continue to decline and many states will have prices below $3 per gallon.

Fuel Prices Drop Below $3.50

During the month of June, gasoline prices fell almost every day from $3.67 per gallon to $3.48. This is the lowest start to any August since 2010 when prices were $2.72 per gallon, according to WEX Inc.

Fuel Prices to Slowly Decrease by Late July

At $3.65, gasoline prices in early July are the highest since 2008 when the price was close to $4.10, according to WEX Inc. But experts predict prices to slowly fade for the remainder of July.

Gasoline Prices Rise in 23 States Year-Over-Year

In May, 23 states saw gasoline prices at least 10 cents greater than the same time in 2013, according to WEX Inc. Prices differed by region, but the current national average is $3.66 per gallon.

WEX: Fuel Prices Continue to Climb in March

Gasoline prices have increased by more than 30 cents per gallon since February, according to WEX’s March fuel prices report. But prices are still nearly 8 cents per gallon lower than last year.

10 Universal Mega Trends Impacting Global Fleets

There are dramatic differences between regional fleet markets around the globe. Yet, despite these differences, there are also many similarities. Many of the challenges facing fleet managers are identical to the challenges facing their counterparts elsewhere in the world. Oftentimes, fleet best practices in addressing these challenges emerge from outside your local market, which is good reason to be familiar with what’s occurring elsewhere in the world. Here are the top 10 universal mega trends.

WEX: High Fuel Prices Begin New Year

According to WEX Index's December fuel prices report, the national average started 2014 at $3.31 per gallon — the highest prices ever to start a year.