MANAGING 10-50 COMPANY VEHICLES
Gas prices have remained steady lately, with an average price for regular unleaded gasoline at $3.54 per gallon, according to AAA’s latest Fuel Gauge Report.
In a new report, AAA said that the average nationwide price of a gallon of regular unleaded gasoline has fallen to a five-month low of $3.48. This is the lowest price since Feb. 1.
The Energy Department launches eGallon, a quick way to compare the costs of fueling electric vehicles versus driving on gasoline.
Gas prices are falling across the U.S., with the national average price for a gallon of regular unleaded gasoline at $3.57 per gallon on June 24, according to AAA’s latest Fuel Gauge Report.
AAA’s latest Fuel Gauge Report shows little movement since last week in the average price for a gallon of regular unleaded gasoline, nearly unchanged at $3.62 on June 3. This price is still 10 cents more than it was a month ago, and three cents higher than it was on June 3 last year.
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.
In AAA’s latest Monthly Gas Price Report, the outlook for prices is good for businesses that own a vehicle fleet, with the company predicting that gas prices will fall somewhere between $3.20 and $3.40 for the average summer price.
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.
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.
Effective July 1, 2013, the excise tax on gasoline in California will increase 3.5 cents per gallon following a vote Feb. 28, 2013 by the California State Board of Equalization (BOE).