QUICK LINKS: Videos  |  Micromarkets |

Redemption Report




Buy a Classified Ad


Editorial Calendars


Circulation Data






Date Book


Bookmark this site

Issue Date: Vol. 56, No. 1, January 2016, Posted On: 12/15/2015

Fleet Operators Rejoice: Gas To Drop Below $2 A Gallon

Hank Schlesinger
TAGS: fleet news, small business news, vending machine route, amusement machine operator, gas prices

There's good news for vending and amusement operators. Gas prices are poised to dip below $2 a gallon for the first time in more than six years. According to energy pundits, the average national price at the pump could fall as low as $1.79 a gallon in the coming weeks and months.

The significant decrease, down more than 50ยข from the same time last year, is due to several factors. According to experts, a warmer than average winter in many parts of the country, a worldwide "glut" caused by increased production in OPEC countries and reduced demand have pushed crude oil prices down to $35 a barrel.

In the real world on the road, the savings are noteworthy. Filling up a 20-gal. tank at the pump will soon be about $40, compared with more than $50 a year ago.

Topic: Small Business News

  • Convenience Store Industry Issues Optimistic Forecast For 2017
  • National Gas Average Increases To Highest Price Since June, AAA Reports
  • Gas Prices Jump Above $2 A Gallon; Are More Increases On The Way?
  • Free ATM Anti-Fraud, Anti-Skimming White Paper Now Available
  • FBI Issues Warning On Vehicle Hacking

Copyright © 2017 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570