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Diesel Gas Prices Cooling Off, Regular Gas Remains High

The price of diesel fuel began to decline across the nation this week, according to the U.S. Energy Information Administration and the AAA Fuel Gauge Report. The price of a gallon of diesel gas is currently $4.13, a two cent decrease from one week ago. One week ago diesel gas was averaging 4.16 a gallon. However, diesel fuel prices are still up  by two cents from one month ago, when it was averaging $4.11 a gallon.

Although the decline in diesel prices aren’t huge, it may be the start of a declining trend.  Many businesses and consumer have been hoping for relief at the pumps for months now.

Nationally, the average price for a gallon of regular unleaded gas is currently $3.98.  One week ago, prices were the same.  One month ago, gas prices were 18 cents less, averaging $3.80 per gallon, according to AAA. However, many cities and states have seen gas prices fluctuating up and down. Some cities have broken local records for all-time high prices, while other cities have seen slight decreases in prices at the pump.

The average price for a gallon of gas in California on Friday the 13th is $4.244, down 3.5 cents from a week ago, the AAA says. However, it’s still 6.4 cents higher than a month ago. The average price of a gallon of self-serve regular gasoline in Los Angeles County fell nine-tenths of a cent today to $4.259, the seventh consecutive daily decrease after rising 43 times in 45 days. The average price is 3.2 cents less than one week ago, but 6.6 cents more than one month ago and $1.122 greater than it was one year ago.

But in Washington D.C. gasoline prices hit an all-time high at an average of $4.21 per gallon.

If your business or career is tied to transportation costs, then high gas prices can have a huge impact on your bottom line. A GPS fleet tracking system can help you to immediately reduce your fuel expenses and become more efficient in delivering your product or service.

 

 

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Categories: Fleet Management News, Vehicle Tracking Systems