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Low Demand Flattens Fuel Prices in 2020

Low Demand Flattens Fuel Prices in 2020

The largest fleet operating expense is fuel, which traditionally represents approximately 60% of all operating costs. However, the decreased miles driven by fleets during the pandemic was the No. 1 factor contributing to keeping fuel costs flat in 2020.

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

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Memorial Day Fuel Prices to Reach $2 Average

The last time the national gas price average leading into the Memorial Day holiday was under...

The national average price for gasoline rose three cents to $1.87 for the start of the Memorial Day work week but is still near lows not seen during the same period of time since 2003 where the average price for fuel was $1.50 on average.

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Gasoline Prices Rise to $1.84

Gasoline Prices Rise to $1.84

The national average price for gasoline continued to rise slightly, now up to $1.84, though approximately 40 states carry an average of price of $2 per gallon or less.

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Gasoline Slides to $1.81

Gasoline Slides to $1.81

The national average gasoline price dropped to $1.81, with one out of every four gas stations selling gas for $1.49 or less.

Fleet FAQ

Associate Vice President, Strategic Partners

Sherry Calkins

Associate Vice President, Strategic Partners

https://www.geotab.com/

News

Gasoline Drops to $1.92

Gasoline Drops to $1.92

Current prices are 81 cents less expensive than a year ago and will likely push lower as Americans remain isolated for the foreseeable future as a result of COVID-19.

News

Gasoline Prices Hit Four-Year Low

Gasoline Prices Hit Four-Year Low

The national average gasoline price dropped below $2 for the first time in four years, attributed to COVID-19 and the crude oil price war between Saudi Arabia and Russia.

Article

How to Find the Best Fleet Fuel Card

How to Find the Best Fleet Fuel Card

Fleet fuel cards reduce costs by alerting when drivers pump expensive fuel grades to displaying gallons pumped vs. tank capacity. Read to find out how to find the best provider.