News
May Diesel Trends Update
The national average price of a gallon of diesel increased by nearly 29 cents this week, every region reported increases, and one region’s average even increased by more than 60 cents.
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SEARCHMENUSEARCHThe national average price of a gallon of diesel increased by nearly 29 cents this week, every region reported increases, and one region’s average even increased by more than 60 cents.
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Gasoline prices held steady at $2.18 as the majority of state averages saw minimal impact at the pump, maintaining overall price stabilization.
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National average diesel fuel prices were $2.42 per gallon as of Aug. 3, 2020, up slightly over last month but still down compared to last year.
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Freightliner's Innovation Fleet, a 30-vehicle fleet of battery electric medium- and heavy-duty trucks, has accumulated more than 300,000 miles in real-world use by customers.
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WEX has extended its partnership with Enterprise Fleet Management to continue to offer its fuel card solution for customers of the fleet management company.
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Lightning Systems, a developer and manufacturer of zero-emission commercial electric vehicles, announced the launch of Lightning Energy, a new division that offers charging technologies and services to commercial and government fleets.
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Diesel or gasoline in your next light truck? Complexity has made modern clean-burning diesels more expensive to buy, while improvements to today’s gasoline engines make them a viable alternative.
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As COVID-19 case numbers surpass 4 million, demand for gasoline is weakening across the country. The lower demand contributed to a cheaper national average on the week; this is the first time since late April that the national average has declined.
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Neste, a producer of renewable diesel, opened four new fueling stations in northern and central California.
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Gasoline prices remained at $2.19 for the second week in a row after a weeks of increases, following significant drops earlier in the year due to the COVID-19 pandemic.
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Diesel engine sales are up to 3.4% year to date in the Class 2 and 3 commercial diesel segments compared to 2.2% in 2019. New diesel options are coming for Jeep Gladiator, Chevrolet Suburban and Tahoe, and GMC Yukon and Yukon XL, and Cadillac Escalade.
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