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The national average price of a gallon of diesel decreased by 15 cents this week, and all five regions reported lower prices, ranging from just over 10 cents to more than 21 cents cheaper than a week ago.
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Following the Thanksgiving holiday, the average national price for gasoline is at $2.12, two cents more than a week ago, but still down 46 cents from last year.
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Four ways data driven IoT solutions geared towards fleet management and operational optimization can help increase efficiency and your bottom line are shared.
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This Thanksgiving’s national gas price average is shaping up to be the lowest since 2015 at $2.10.
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MVTS measured fuel savings with Eco Cap aerodynamic wheel covers from Eco Flaps.
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Despite the weekly increase, gas prices remain cheap both compared to last month and last year.
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National average diesel fuel prices were $2.44 per gallon as of Nov. 16, 2020, according to the U.S. Energy Information Administration (EIA).
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The national gas price average pushed a penny cheaper on the week to $2.11 following an increase in gasoline stocks and a dip in demand.
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National average gas prices declined to $2.12 as crude oil prices have continued to decrease amid mounting concerns about the increase in global coronavirus cases and the reinstatement of lockdown policies in some countries.
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The rebound in automotive sales of 31% in the third-quarter of 2020 is led by growth in pickup trucks and SUVs, categories with the most advanced, fuel-efficient diesel options, notes the Diesel Technology Forum.
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National average gas prices dropped to $2.16 as decreases in U.S. gasoline demand, supply and imports pushed the national and 44 state gas price averages cheaper on the week.
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