West Coast and Gulf Coast Lead Price Declines
The cost of a gallon of regular unleaded ticked up slightly at the national level during the past week, according to the latest weekly fuel survey from the U.S. Energy Information Administration. The E.I.A. report shows the national average cost of a gallon of gas notched up from $3.45 last week to $3.46 this week. However, many regions enjoyed noticeable price declines, even as the national average gas price edged upward.
On the West Coast, where prices have spent a good portion of the year above $4.00, the average price of gas is now $3.80, down nearly three cents since last week’s survey. The Gulf Coast also enjoyed a measurable drop in prices; the average price of gas from Texas to the Florida panhandle is now $3.22, the lowest in the nation.
Volatile Midwest Gets Hit With Cost Surge
While many of the nation’s drivers enjoyed a dip in gas prices, drivers across the Midwest watched prices surge nearly 4¢ per gallon. The price hikes across the nation’s mid-section were lead by a steep increase in average prices for Ohio drivers. The Buckeye State’s average per-gallon gas price is now $3.55, up sharply from $3.42 only a week ago. Illinois also suffered a stiff price increase, but not as sharp as Ohio. Nonetheless, drivers in the Chicago area are paying 9¢ per gallon more for gas this week than last. The average price in Chicago is $3.68 per gallon, up from $3.59 last week.
Truckers Getting A Break On Diesel Prices
The price of diesel is holding steady or declining for truckers across the United States. The weekly E.I.A. survey shows the average price of a gallon of diesel, nationally, is $3.81, down from $3.82 last week. The region with the lowest price is, like regular gas, the Gulf Coast. The average diesel price across the Gulf is $3.72.
The region with the highest price is the West Coast, where prices went up about a two cents per gallon last week, although California diesel prices actually went down. Take the Golden State out of the equation, and West Coast prices actually went up by more than a nickel per gallon. All told the West Coast average is about $4.03 per gallon.