Monday, August 21, 2017 | Today's Vending Industry News
Fleet Operators Rejoice: Gas To Drop Below $2 A Gallon

Posted On: 12/15/2015

  • Printer Friendly Version
  • Decrease Text SizeIncrease Text Size
  • PDF


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 50¢ 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.