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.
