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In May, 23 states saw gasoline prices at least 10 cents greater than the same time in 2013, according to WEX Inc. Prices differed by region, but the current national average is $3.66 per gallon.
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Gasoline prices have increased by more than 30 cents per gallon since February, according to WEX’s March fuel prices report. But prices are still nearly 8 cents per gallon lower than last year.
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The national average jumped nearly 20 cents per gallon in the past month, according to WEX Index's February fuel prices report. But prices are still almost 30 cents per gallon lower than a year ago.
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According to WEX Index's January fuel prices report, the national average is holding steady at $3.27 per gallon, nearly 25 cents below where it was a year ago.
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According to WEX Index's December fuel prices report, the national average started 2014 at $3.31 per gallon — the highest prices ever to start a year.
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As the end of the year approaches, gasoline prices are on a steady decline with the national average at $3.25 per gallon. Meanwhile, diesel prices are expected to move higher toward $4 per gallon.
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According to WEX’s September fuel prices report, the national average dropped more than 20 cents per gallon to $3.37 — 40 cents per gallon lower than a year ago.
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WEX’s August fuel prices report found that demand was up in July and August and that the crisis in Syria is pushing the price of crude oil higher.
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The WEX Construction Fuel Consumption Index (FCI) indicated a decrease of 0.6 percent in May versus its level at the same time the previous year.
Read More →The WEX Construction Fuel Consumption Index (FCI) indicated a decrease of 0.6 percent in May versus its level at the same time the previous year.
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