Gas Price Update For December 28, 2015

Gas price trend for week of December 28, 2015

Fort Lauderdale, FL – The price of gas dropped for most people across the country during the past week, according to the latest release from the U.S. Energy Information Administration. However, substantial price increases in California and a smaller increase in gas prices in the midwest caused the national average to edge upward slightly. Nonetheless, the technical average remained unchanged on the week at $2.03 for a gallon of regular unleaded.

For drivers in California, the price of gas went up a heart-stopping nine cents per gallon to settle at an average $2.83. That dragged west coast prices six cents higher on the week. Drivers across the midwest were hit with a price increase for the first time in over a month, as the cost of gas lurched upward by about three cents. Still, that region remains the second cheapest place in the country to fill up the tank. For all other survey regions, the price of gas was down on the week.

Prices by region are as follows, ranked highest to lowest:

$2.630: PADD 5 WEST COAST (INCL. CA)
$2.093: PADD 1b CENTRAL ATLANTIC
$2.056: PADD 1a NEW ENGLAND
$2.015: PADD 1 EAST COAST
$1.972: PADD 4 ROCKY MOUNTAIN
$1.943: PADD 1c LOWER ATLANTIC
$1.873: PADD 2 MIDWEST
$1.760: PADD 3 GULF COAST

The price of diesel fuels, by region, are as follows, ranked highest to lowest:

$2.467: PADD 5 WEST COAST (INCL. CA)
$2.412: PADD 1b CENTRAL ATLANTIC
$2.365: PADD 1a NEW ENGLAND
$2.279: PADD 1 EAST COAST
$2.227: PADD 4 ROCKY MOUNTAIN
$2.163: PADD 2 MIDWEST
$2.161: PADD 1c LOWER ATLANTIC
$2.140: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.

Gas Price Update For December 21, 2015

Gas price trend for week of December 21, 2015

Fort Lauderdale, FL – The price of gas trickled down another penny during the past week, according to the latest release from the U.S. Energy Information Administration. The overall price of gas across the United States dipped to $2.03 for a gallon of regular unleaded. Prices declined across most survey districts, although there were noticeable increases in California and the broader west coast region.

The Midwestern states enjoyed the largest decline in prices on the week, nearly six cents, while that same six cents was tacked onto the west coast region’s average gas price. For the Midwest, the price of fuel dropped to only $1.85 per gallon, only a few cents higher than the Gulf Coast, where prices are lowest, at $1.78. For the west coast, however, prices jumped to $2.57 per gallon. Prices in the Lower Atlantic states nudge upward by a penny.

Prices by region are as follows, ranked highest to lowest:

$2.570: PADD 5 WEST COAST (INCL. CA)
$2.115: PADD 1b CENTRAL ATLANTIC
$2.080: PADD 1a NEW ENGLAND
$2.035: PADD 1 EAST COAST
$1.994: PADD 4 ROCKY MOUNTAIN
$1.962: PADD 1c LOWER ATLANTIC
$1.846: PADD 2 MIDWEST
$1.781: PADD 3 GULF COAST

The price of diesel fuels, by region, are as follows, ranked highest to lowest:

$2.505: PADD 5 WEST COAST (INCL. CA)
$2.438: PADD 1b CENTRAL ATLANTIC
$2.397: PADD 1a NEW ENGLAND
$2.318: PADD 1 EAST COAST
$2.304: PADD 4 ROCKY MOUNTAIN
$2.227: PADD 2 MIDWEST
$2.210: PADD 1c LOWER ATLANTIC
$2.181: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.

Gas Price Update For December 14, 2015

Gas price trend for week of December 14, 2015

Fort Lauderdale, FL – The price of gas fell nearly two cents last week, although the nation’s average per gallon price only ticked down a penny due to rounding. Still, the price of regular unleaded will only set you back about $2.04, when averaged coast to coast. The falling price of gas continues to follow steep declines in crude oil prices.

Across the nation, nearly every survey region reported a decline in fuel costs. The Midwest, known for volatility, has been the scene of relatively stable prices for the past few weeks; still, prices there increased a penny during the past week, the only region where prices reversed course.

For all other regions, prices were down anywhere from a penny to as much as four cents per gallon. Prices by region are as follows, ranked highest to lowest:

$2.514: PADD 5 WEST COAST (INCL. CA)
$2.137: PADD 1b CENTRAL ATLANTIC
$2.095: PADD 1a NEW ENGLAND
$2.043: PADD 1 EAST COAST
$1.995: PADD 4 ROCKY MOUNTAIN
$1.958: PADD 1c LOWER ATLANTIC
$1.901: PADD 2 MIDWEST
$1.788: PADD 3 GULF COAST

The price of diesel fuels, by region, are as follows, ranked highest to lowest:

$2.552: PADD 5 WEST COAST (INCL. CA)
$2.501: PADD 1b CENTRAL ATLANTIC
$2.453: PADD 1a NEW ENGLAND
$2.375: PADD 4 ROCKY MOUNTAIN
$2.372: PADD 1 EAST COAST
$2.294: PADD 2 MIDWEST
$2.258: PADD 1c LOWER ATLANTIC
$2.212: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.

Gas Price Update For December 7, 2015

Gas price trend for December 7, 2015

Las Vegas, NV – The price of gas remained steady or declined slightly during the past week. Prices in a third survey district fell under the $2.00 per gallon threshold, helping to bring the U.S. average down a penny to $2.05. The price changes were detailed in the regular weekly updated from the U.S. Energy Information Administration.

Prices in the Lower Atlantic states fell to an average $1.98 per gallon, making it the third region of eight where prices are under the $2.00 threshold. The other two are the Midwest and the gulf coast. Prices in the Midwest ticked up slightly, to $1.89, the only region where prices edge higher. However, the Midwest has long been subjected to regional pricing volatility. Along the gulf coast, prices fell slightly in many areas, but the district’s official average price point remained the same, at $1.82.

Prices by region are as follows, ranked highest to lowest.

$2.537: PADD 5 WEST COAST (INCL. CA)
$2.171: PADD 1b CENTRAL ATLANTIC
$2.135: PADD 1a NEW ENGLAND
$2.074: PADD 1 EAST COAST
$2.014: PADD 4 ROCKY MOUNTAIN
$1.983: PADD 1c LOWER ATLANTIC
$1.890: PADD 2 MIDWEST
$1.816: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.