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Fuel

Memorial Day Fuel Prices to Reach $2 Average

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.

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.

Gasoline Continues Drop $1.77

The national average gasoline price dropped to $1.77, and only one dozen states carry an average of $2 per gallon or more.

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.

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.

How Fleets Are Reducing Fuel Spend

Fleets continue to use tried and true methods to curb fuel spend, but as technologies evolve and new trends arise, staying on top of new developments in the industry becomes essential as well.

Strategies to Reduce Fuel Spend

Companies are spec’ing selectors to take advantage of more fuel-efficient vehicle technologies, such as higher-speed transmissions, turbocharged smaller displacement drivetrains, and, when possible, downsizing to a smaller vehicle.