Month: April 2013

The cost of driving from Point “A” to Point “B” got a little cheaper last week, again, as gas prices across the U.S. continued falling, and at roughly the same pace as has been seen during the past three weeks. The average price of a gallon of unleaded gasoline was down to $3.52, and that price is about 31¢ lower, per gallon, that at this time last year. The figures were published today as part of the weekly gas price survey from the U.S. Energy Information Administration.

The only region of the U.S. not enjoying a decline in gas prices was the Midwest, which has bucked the trend of falling fuel costs for two consecutive weeks. Prices across the Midwestern region were either flat or up slightly, by about a penny per gallon in most places.

Meanwhile, the cost of shipping goods nationwide got a little cheaper during the past week, at least where diesel prices are concerned. The cost of a gallon of diesel fuel declined by almost 4-cents per gallon during the past week, a trend that was felt in nearly every region.

In some places, like California, the Midwest and the lower Atlantic states, the price decline was only about 3-cents per gallon. As with regular gasoline, however, the price of diesel fuel is down considerably from one year ago. The Rocky Mountain states and the West Coast, not including California, have enjoyed the most substantial decrease in diesel costs, where prices are down an average of 40-cents per gallon.

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Gasoline prices dropped in nearly every part of the United States during the past week, according to the latest survey by the U.S. Energy Information Adminstration.  But, a surge in gas prices across the Midwest so offset consumer gains elsewhere, it nearly flattened the average price of regular unleaded gasoline.

While prices in most regions declined between 2-cents and 6-cents per gallon, the price of fuel in Midwestern states surged by 9-cents. Even gas prices in California and the broader West Coast region were down by a nickel, in most places.

For transit companies and private truckers, the news was equally good in nearly every market, with substantial price declines for diesel fuel across all regions, including the Midwest. Per gallon diesel costs were down between 5-cents and 9-cents per gallon in most regions, with New England and the West Coast states enjoying the greatest declines in fuel prices.

The news is even better when comparing year-over-year prices. For consumer drivers and families taking vacations this summer, the average price of a gallon of unleaded gasoline is likely to remain in the $3.63 per gallon range, according to an EIA news release.

Prices this year are off between 23-cents per gallon and 42-cents per gallon for regular unleaded, depending upon the region. The New England and Central Atlantic states are enjoying the greatest price advantages, versus 2012.

Diesel prices are down between 11-cents per gallon and 41-cents per gallon, with the West Coast enjoying the greatest price breaks, when comparing 2013 to 2012 costs.

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Fuel costs continued to fall across the United States during the past week, according to the weekly fuel survey by the Energy Information Administration. The price of a gallon of gasoline fell in all regions of the United States during the past week, settling at about $3.54 per gallong, down just over 6-cents per gallon nationwide. The lowest cost of gasline was to be found along America’s Gulf Coast, where the average price of a gallon of unleaded gasoline was down to $3.36, while the West Coast continued to endure prices nearly the $3.90 per gallon mark.

Diesel prices also continued to fall during the past week as the average price of a gallon of fuel slipped to $3.94 per gallon, down about 4-cents from the previous week. Like unleaded gasoline, the highest prices for diesel are still to be found on the West Coast and in California, where the average price of diesel remains over $4.00 per gallon, with the price in California at about $4.15, on average.

The cost of gasoline and diesel is now, in some areas of the United States, close to where it was at the beginning of 2013, right before the prices began spiking due to reduced refinery capacity, despite a glut of crude inventories on the market. The best news about gas prices can be found when comparing the rates to a year ago. The price of gas is down by as much as 44-cents per gallon, in some areas, versus the same period in 2012.

However, truckers and other drivers of diesel cars are finding they are not ennoying the same year-over-year price break, with most areas of the country witnesses diesel prices down anywhere from 10-cents per gallon in the Midwest to only 37-cents per gallon along the West Coast of the U.S.

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The price of a gallon of gas kept driving downward during the past week, according to the latest weekly survey from the U.S. Energy Information Administration, the government agency that regularly tracks the cost of gasoline and diesel across the United States. For the U.S. as a whole, the average price of a gallon of gas slipped won nearly 4-cents per gallon to about $3.61.

Only the Rocky Mountain states saw an increase in gas prices, where the average cost of fuel increased nearly 3-cents per gallon. Even so, the cost of gas in the Rocky Mountain region remained below the national average.

The price of gas across the United States varied widely, however, with prices across the Gulf Coast as low as $3.43 per gallon, on average, while the cost of a gallon of regular unleaded cost nearly $4.00 per gallon in some metropolitan areas of Californa and Florida.

For truckers and those in the shipping industry, the cost of a gallon of diesel fuel fell to an average of $3.98 per gallon during the past week. However, the price of diesel in the New England states and in California were much higher, at $4.13 and $4.20, respectively.

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Gasoline prices continued their decline in nearly all markets of the United States this week, as the Energy Information Administration reported in its latest weekly survey of fuel costs. The average U.S. price for a gallon of regular unleaded gas dipped by over 3-cents per gallon, with pricess falling by 6-cents per gallon in the Midwest, the one region that has, until now, bucked the trend of declining gas prices.

The only region of the USA that did not enjoy a decline in gas prices was the Rocky Mountain States, where the average per-gallon cost of gas went up by about 3-cents, the opposite of the national trend.

Meanwhile, diesel costs were down nearly across the board, with all markets showing a slight decline in the cost of diesel prices. The only place where diesel costs increase was in California, which drove the overall West Coast costs of diesel fuel higher. Take away the California price increases, and the overall West Coast price of diesel declined in line with the U.S. petroleum trend.

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