MANAGING 10-50 COMPANY VEHICLES
According to AAA research, non-Top Tier gasoline caused 19 times more engine deposits than Top Tier brands, but three-quarters of U.S. drivers still pick a gas station based on location and price instead of the quality of gas.
The price of diesel fuel at the pump increased for the second straight week, jumping a few tenths of a cent nationally.
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.
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.
The national average jumped nearly 20 cents per gallon in the past month, according to WEX Index's February fuel prices report. But prices are still almost 30 cents per gallon lower than a year ago.
According to WEX Index's January fuel prices report, the national average is holding steady at $3.27 per gallon, nearly 25 cents below where it was a year ago.
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.
As the end of the year approaches, gasoline prices are on a steady decline with the national average at $3.25 per gallon. Meanwhile, diesel prices are expected to move higher toward $4 per gallon.
Although prices have fallen nationwide recently, five cents since last week and seven cents compared with a month ago, prices remain high in some states in the Western U.S. due to refinery issues in California, AAA stated.
The U.S. Energy Information Administration (EIA) released its Short Term Energy Outlook (STEO) for this month.