The national average price for a gallon of regular gasoline is $3.79, up about 33% from $2.86 last year, according to the EIA. Don’t expect any relief soon, as more price increases are on the horizon as we head into the peak summer driving season. The EIA has predicted gas prices will continue increasing throughout the year and will top $5 a gallon in some states such as California.
Yesterday average gas prices across the US ranged from:
- Boston $3.490
- Chicago $3.756
- Cleveland $ 3.552
- Denver $ 3.393
- Houston $ 3.467
- Los Angeles $ 4.060
- Miami $ 3.701
- NYC $ 3.605
- San Francisco $ 4.044
- Seattle $ 3.775
If your job or business is being effected by rising gas prices, you may want to consider investing in a fleet GPS tracking system. A GPS-based fleet management system can help your company save time, money and and fuel. A GPS fleet tracking system can significantly reduce fuel expenses.
Lower gas bills means higher profits. For a fleet of 25 vehicles, idling time reduced by only 15 minutes per day can result in fuel savings of 562.5 gallons at a cost of about $2,132 per year at current gas prices. If you reduce idling time by 60 minutes, it would result in a fuel savings of 2,250 gallons at a cost of over $8,528 per year!