Automotive Fleet, October 2018

FCA Opens 30M Autonomous Vehicle Testing Center Fiat Chrysler Automobiles is opening a new state of the art facility at its Chelsea Proving Grounds in Michigan to accelerate its development and testing of autonomous vehicles and advanced safety technologies Testing programs were slated to begin in September The new facility features a 65000 square foot command center that houses vehicle to infrastructure communication facility control monitoring and test vehicle support It also includes equipment related to GPS capability Vehicles will be put through the paces on the dedicated autonomous highway speed track that provides the opportunity for FCA to develop AV systems under a range of demanding conditions obstacles tunnels diverse lighting as well as real world style highway exit and entrance ramps Technicians will also test advanced driver assistance systems and other technologies in the 35 acre safety feature evaluation area that also accommodates testing of automatic braking and parking technologies The new center enables FCA to test various levels of autonomy and evaluate its vehicles using protocols from recognized agencies and experts 35 3 35 25 3 25 3 25 HISTORICAL CNG PROPANE 3 25 RETAIL FUEL PRICES AS OF SEPT 2018 CITY GASOLINE DIESEL Atlanta GA 279 308 Boston MA 293 321 Chicago IL 302 304 Dallas TX 260 289 Denver CO 276 307 Detroit MI 298 332 Houston TX 260 290 Los Angeles CA 370 397 Memphis TN 267 302 Miami FL 284 312 Minneapolis MN 278 313 New Orleans LA 259 291 New York NY 331 373 Philadelphia PA 304 354 Phoenix AZ 292 311 Portland OR 334 340 San Francisco CA 382 408 Seattle WA 350 358 St Louis MO 265 294 Washington D C 304 330 CNG measured by price per gas gallon equivalent GGE Propane autogas measured by price per gallon AUTOMOTIVE FLEET I OCTOBER 2018 12 FUEL REPORT I N D U S T RY NEWS Gasoline Prices Set to Fall The national retail gasoline average price is hovering at 287 per gallon Most analyst are predicting that prices should ease over the next several weeks Refiners can switch to an easier to make and more widely available fuel spec stating in mid September That added supply in combination with lower demand should put downward pressure on prices Prices are still nearly 20 cents per gallon higher than last year and ten states have average prices above 300 per gallon but most market watchers are predicting that prices could drop about 25 cents barring any unforeseen supply disruptions over the next 60 days Diesel prices are at 318 per gallon and are 17 higher than last years average of 272 With some forecasts calling for a colder than normal winter in the Northeast diesel prices could remain a bit higher as the year comes to a close Diesel and heating oil are very similar and weather effects demand 2 2 PRICE PER GALLON HISTORICAL GASOLINE DIESEL TRENDS NATIONAL AVG GASOLINE DIESEL AUTOGAS TRENDS JAN 2017 APR 2017 CNG PROPANE AUTOGAS JULY 2017 OCT 2017 MAY 2018 15 280 211 215 284 283 215 278 217 283 217 PRICE PER GALLON APR 2018 MAY 2018 JUN 2018 JUL 2018 AUG 2018 SEP 2018 GASOLINE DIESEL 2 287 304 287 304 290 320 287 319 286 317 287 318 PRICE PER GALLON JAN 2017 APR 2017 CNG PROPANE AUTOGAS JULY 2017 OCT 2017 MAY 2018 15 280 211 215 284 283 215 278 217 283 217 PRICE PER GALLON APR 2018 MAY 2018 JUN 2018 JUL 2018 AUG 2018 SEP 2018 GASOLINE DIESEL 2 287 304 287 304 290 320 287 319 286 317 287 318 PRICE PER GALLON TREND NATIONAL AVG CNG PRICE PER GGE PROPANE AUTOGAS PRICE PER GALLON TREND RETAIL ALT FUEL PRICES AS OF JANUARY 2018 SOURCE WEX INC 97 DARLING AVE SOUTH PORTLAND ME 04106 WWW WEXINC COM OR 800 395 0812 New England Maine New Hampshire Vermont Massachusetts Rhode Island and Connecticut Central Atlantic New York New Jersey Pennsylvania Delaware and Maryland Lower Atlantic West Virginia Virginia North Carolina South Carolina Georgia and Florida Midwest North Dakota South Dakota Nebraska Kansas Oklahoma Minnesota Iowa Missouri Wisconsin Illinois Michigan Indiana Kentucky Tennessee and Ohio Gulf Coast New Mexico Texas Louisiana Arkansas Mississippi and Alabama Rocky Mountain Idaho Montana Wyoming Utah and Colorado West Coast Washington Oregon Nevada California and Arizona SOURCE ALTERNATIVE FUEL PRICE REPORT ALTERNATIVE FUELS DATA CENTER U S DEPARTMENT OF ENERGY CLEAN CITIES OCTOBER 2017 REGION CNG PROPANE AUTOGAS New England 249 285 Central Atlantic 224 290 Lower Atlantic 209 255 Midwest 201 277 Gulf Coast 202 279 Rocky Mountain 201 287 West Coast 245 296