The national average price of regular unleaded fell to $2.62 per gallon, and reached a 14-day low that AAA attributed to a return to normal operations in Florida and Texas, following the impact of two major hurricanes.
by Staff
September 19, 2017
Photo by Vince Taroc.
2 min to read
Photo by Vince Taroc.
The national average price of regular unleaded fell to $2.62 per gallon, and reached a 14-day low that AAA attributed to a return to normal operations in Florida and Texas, following the impact of two major hurricanes.
The per-gallon price fell 5 cents on the week, which means cheaper gasoline in 45 U.S. states.
Ad Loading...
"Gas prices are dropping as the situation with refineries, pipelines and gasoline deliveries is positively progressing," said Jeanette Casselano, AAA spokesperson. "It looks like pump prices will continue on this declining trend into the coming weeks as the regions affected by Irma and Harvey resume normal operations."
Drivers in Indiana, Michigan, and Ohio have benefited the most from the falling prices, as those Midwest states have seen double-digit declines in the past seven days. Prices have fallen 18 cents, 15 cents, and 11 cents in those states respectively. Other states with significant declines include Delaware (12 cents), Illinois (10 cents), and Kentucky (10 cents).
States with the lowest gasoline prices now include Oklahoma ($2.31), Missouri ($2.34), Ohio ($2.37), Arkansas ($2.38), Louisiana ($2.39), Kansas ($2.40), Indiana ($2.41), Arizona ($2.43), Mississippi ($2.45) and Minnesota ($2.45).
The nation's gasoline inventory has been falling as well. The latest draw of 8.4 million barrels is the highest on record, according to the U.S. Energy Information Administration.
As Hurricane Irma bore down on Florida earlier this month, gasoline rose to $2.73 in the state, which was the highest since December of 2014.
Ad Loading...
Meanwhile, the average price of a gallon of diesel fell 1.6 cents to $2.786, which is 39.7 cents cheaper than a year ago.
AI-powered inspections are transforming last-mile fleets by replacing manual checks with highly accurate automated scans that detect defects in seconds. By giving fleet operations visibility into the daily condition of their vehicles, you can identify trends over the vehicle’s lifecycle that enable improved procurement decisions, route management, driver training and accountability.
Still managing your motor pool with spreadsheets and manual approvals? Loyola University replaced outdated processes with automated fleet management, eliminating overtime and saving up to $50,000 annually. See how they did it.
48% of field service leaders are investing in AI to manage customer communication and self-service. Get the latest on how fleets are using AI and thinking about the future.
This video features a reminder from the Connecticut Department of Transportation (DOT) and the Connecticut Police Chiefs Association, urging drivers to prioritize safety this Halloween.