Today’s national gas price average of $2.42 is the lowest pump price of the year, a price point not seen since mid-December last year. The average sits at four cents cheaper than last week, 28-cents cheaper than last month and four cents less than last year. The last time the national average was cheaper on the week, month and year was during July 2017.

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On the week, the national gas price average has dropped seven cents to land at $2.56. As pump prices steadily decline, they are headed toward some of the cheapest gas prices in 2018.

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The national average gasoline price has fallen to a six-month low at $2.76 for a gallon of unleaded fuel on the same day the U.S. reimposed sanctions on Iran, which haven’t driven prices high as the oil market has remained steady. The U.S. has granted China a waiver so that country can continue to purchase Iranian oil with the sanctions in place.

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FLEETCOR Technologies, Inc., a leading global provider of commercial payment solutions, announced today two new agreements that expand its relationship with LeasePlan USA, one of the world’s leading fleet management and driver mobility companies.

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At $2.89, the national gas price average is two-cents cheaper than it was a week ago amid consumer gasoline demand declining for a third week. Today’s gas price average is four-cents more than a month ago and 42-cents more expensive than a year ago.

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