Gas Prices Continue to Rise for Fleets
The Energy Department reported Monday that gasoline prices rose for the eighth straight week, with the national average for unleaded gas up 2 cents to $2.69 a gallon.The increase is the smallest since fuel costs started rising in April and analysts are saying that prices should top out not much higher than $2.70 a gallon.
While the price are still a little high for fleet managers trying to keep operating costs down, costs are much more manageable compared to last summer. At this time last year, the national average was $4.08 a gallon.
This summer prices are leveling out sooner because of cheaper crude oil and less demand due to the struggling economy.
Breaking down prices by regions, the West Coast had the most expensive prices, averaging $2.93 a gallon. Gulf Coast states had the cheapest gas at $2.56 a gallon.
What are prices like in your part of the world? Let us know.
Tags: Energy Department, fleet managers, fuel, gas, gas prices, operating costs, USA Today
This entry was posted on Tuesday, June 23rd, 2009 at 12:19 pm and is filed under Industry News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

