fuel prices News Updates

Government, Business, Fuel

Gas Prices Below $3 a Gallon in Time for Thanksgiving

U.S. average gasoline prices are set to fall below $3 a gallon, just in time for Thanksgiving, when holiday travel is expected to climb back to pre-pandemic levels.

November 18, 2024
Government, Fuel

Pump Prices Tumble 20% in Key Swing States Ahead of Election

Days before a neck-and-neck presidential race, pump prices — one of the most salient data points consumers use to gauge inflation — are tumbling in key swing states.

November 1, 2024
Government, Business, Fuel

Vitol, SK Settle California Fuel Rigging Probe for $50M

California Attorney General Rob Bonta said the state reached a settlement with Vitol and SK Energy Americas after it alleged the firms acted together to manipulate local gasoline markets.

July 10, 2024
Government, Business, Fuel

Macquarie: Biden Likely to Tap Oil Reserve for Summer Demand

The Biden administration will likely need to tap oil from the country’s emergency reserves to counter a spike in gasoline prices and amid inflation fears during the summer driving season.

April 15, 2024
Government, Business

Consumer Sentiment Falls Slightly in April

WASHINGTON — Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year.

April 12, 2024
Government, Business, Fuel

Global Fuel Prices Are Surging With Supply Risks Ahead

Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices in the run-up to a U.S. presidential election.

March 12, 2024
Government, Business, Technology, Fuel, TCA

Gas Vehicles Currently Cheaper to Fuel Than EVs

With gasoline prices dropping, a new study suggests gas-powered vehicles may be more economical to fuel up versus an equivalent electric vehicle.

February 27, 2024
Business, Technology

Using Technology to Solve Trucking’s Top Industry Issues

Program Aired: December 7, 2 p.m. ET Recently released results from an American Transportation Research Institute survey shows the economy, truck parking, fuel prices and zero-emission vehicles are some of the most critical issues in trucking, among others. Register for this webinar, presented by PrePass and Geotab, and learn new ways your fleet can use technology to better address these important concerns.

December 7, 2023
Government, Fuel

Georgia Suspends Diesel, Gas Taxes

Georgia Gov. Brian Kemp suspended through Oct. 12 its excise tax on diesel and gas to help residents offset 40-year high “rampant inflation."

September 18, 2023
Government, Business, Fuel

Eighth-Straight Weekly Drop Brings Diesel to $4.128 a Gallon

The national average price for diesel marked its eighth consecutive weekly drop, shedding another 5.7 cents to dip to $4.128 a gallon, the Energy Information Administration reported.

March 27, 2023