AAA Daily Fuel Gauge Report for Friday, 6/21/24

National Average Price for Regular – Current: $2.544; Month Ago: $2.530; Year Ago: $2.285. National Average Price for Diesel – Current: $2.976; Month Ago: $2.931; Year Ago: $2.514.

National Average Price for Regular Unleaded Current: $3.129; Month Ago: $3.281; Year Ago: $3.101. National Average Price for Diesel Current: $4.031; Month Ago: $4.271; Year Ago: $4.709.

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 5.1% in July after surging 8.9% in June. In July, the index equaled 109.6 (2015=100) compared with 115.5 in June. Despite July’s decline, the index was 3.3% above the recent low in May. June’s increase was revised up slightly to 8.9% from our July 21 press release. Compared with July 2019, the SA index contracted 8.3%, the fourth straight year-over-year decline. Year-to-date, compared with the same period in 2019, tonnage is down 3.2%.