Month: June 2013

Gasoline prices edged downward in most regions of the United States this week, and the overall national average of a gallon of regular unleaded dropped by about five-cents per gallon during the past week. However, the biggest declines were to be found in the Midwestern USA, which is still recovering from last month’s major flooding, which put refineries and shipping routes out of commission.

The weekly fuel survey from the Energy Information Administration shows gas prices across the Midwest declined by an average of 19-cents per gallon, which helped offset, at the national level, a rise in fuel prices along the West Coast and the Central Atlantic states. Most of New England and Gulf Coast enjoyed stable gas prices, although there was a slight decline across the Lower Atlantic, to the measure of about two-cents per gallon.

Overall, gas prices have been mixed during June, which followed May’s dramatic increases in fuel prices. Overall, the price hikes in May, which hit all regions of the United States, pushed the year-over-year gasoline costs higher. Until the middle of May, 2013 gas prices had been lower than last year.

Currently, the national average of regular unleaded is now about 14-cents per gallon higher than last year, settling in at about $3.58 per gallon. The highest prices are on the West Coast, where fuel averages $3.95 per gallon. The Gulf Coast currently enjoyes the lowest prices, with a regional average cost of about $3.38 per gallon.

The news is worse for truckers and drivers of any diesel-powered motor. The cost of a gallon of fulel notched up during the past week, but the year-over-year cost is higher by as much as 24-cents per gallon, particularly in the Midwest. The national average of a cost of diesel fuel is currently $3.84 per gallon, which is 16-cents higher than this time one year ago.

DOWNLOAD THE WEEKLY GAS PRICE SURVEY

 

The gasoline prices across the United States declined a bit during the past week, due in large part to steep price declines in the Midwestern states. Much of the Midwest, particularly Michigan, Wisconsin and Illinois, had suffered under major price hikes during May, the result of refinery problems and shipping problems caused by major flooding throughout the region. As those issues have assuaged, the gas prices in the region have been given to deep declines.

Overall, the average price of a gallon of regular unleaded gas went down by about three-cents per gallon, according to the latest survey from the Energy Information Administration. The averages were led by those Midwestern price declines, which averaged 13-cents per gallon. However, gas prices in most other regions were either flat to higher, particularly in the Gulf Coast states, from Louisiana to Florida, where prices increased by about four-cents per gallon.

For truckers and other diesel operators, the cost of a gallon of diesel fuel was mixed during the past week. The average price of a gallon of fuel was down about one-cent per gallon, although prices were largely up or down by a penny, depending upon the region. Prices fell in the Midwest and Gulf Coast states, but those same prices increased across the Rocky Mountains, West Coast and California.

DOWNLOAD THE WEEKLY EIA GAS PRICE SURVEY

 

The cost of a gallon of gas was up just slightly across the New England, Lower Atlantic and Midwestern states during the past week, while nearly all other regions enjoyed a bit of a price break, according to the latest gas price survey from the Energy Information Administration.

The EIA survey for June 10 shows drivers across the northeast paying about a penny per gallon more for regular unleaded gas. That fate also fell upon drievers in the Lower Atlantic states, but the price of gas across the Midwest was up about three cents per gallon.

Meanwhile, the cost of gas across the Rocky Mountain states and much of the West Coast was down by one to two cents per gallon. California was a drag on the general West Coast average, where gas prices were down more than in the Golden State.

For truckers and other drivers of diesel-powered vehicles, the coste of diesel fuel was down between two and three cents in nearly all regions, although the Central Atlantic states and New England did not enjoy much of a price break. In those areas, the price of a gallon of diesel was either flat or dropped by only a penny per gallon.

For gas prices and diesel costs across the United States, year over year prices are now nearly on par with this time last year. For the most part, gas prices which had been significantly lower than their contemporaneous 2012 rates are now either about the same or slightly higher. For gasoline, the price is now about 9-cents higher than this time in 2012 while diesel is about 7-cents per gallon higher.

DOWNLOAD THE WEEKLY EIA GAS PRICE SURVEY