11/29/2024
Motus Monthly Fuel and Mileage Trends: September 2024
Source: Fleet Management Weekly
Seasonal Shifts: Winter fuel blends are starting to arrive around the U.S., adding downward pressure to fuel prices. Many professionals extended their Labor Day holiday, leading to a decrease in business mileage across most regions before the push to close 2024 begins.
Data from Motus shows that national fuel prices slightly decreased to $3.38 in September, compared to $3.44 in August, and prices stayed lower than 2023, with September 2023 pricing at $3.66.
Key data points:
- Fuel trends
- September 2024 national fuel price: $3.38
- August 2024 national fuel price: $3.44
- July 2024 national fuel price: $3.43
- September 2023 price: $3.66
- 2023 average fuel price: $3.55
Looking regionally, fuel prices in September were highest in the Western US at $4.02 and lowest in the Southern US at $2.93.
Looking at September business mileage trends by region in the US, business mileage was down across the country with the West 17.39% lower than August, the South 17% lower, Northeast 14.67% lower, and the Midwest 5.85% lower.
- September Business Mileage trends
- South -17%
- Midwest -5.85%
- West -17.39%
- Northeast -14.67%