Gas Price Update For January 4, 2016

Gas price trend for week of January 4, 2016

Fort Lauderdale, FL – The price of gas fell for most drivers across the U.S. during the New Year’s holiday, but continuing price increases in California weighed down the national averages, preventing the U.S. weekly price index from changing on the week. That means that, at least technically, the average driver in the United States is paying $2.03 for a gallon of regular unleaded, according to the Energy Information Administration.

For drivers outside of California, the price of gas continued falling in nearly every survey region, including the midwest, where costs had gone up the previous week. The averages across the broader west coast region did not move, even with California removed the formula.

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

$2.663: PADD 5 WEST COAST (INCL. CA)
$2.074: PADD 1b CENTRAL ATLANTIC
$2.039: PADD 1a NEW ENGLAND
$1.999: PADD 1 EAST COAST
$1.964: PADD 4 ROCKY MOUNTAIN
$1.930: PADD 1c LOWER ATLANTIC
$1.860: PADD 2 MIDWEST
$1.750: PADD 3 GULF COAST

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

$2.464: PADD 5 WEST COAST (INCL. CA)
$2.391: PADD 1b CENTRAL ATLANTIC
$2.344: PADD 1a NEW ENGLAND
$2.260: PADD 1 EAST COAST
$2.191: PADD 4 ROCKY MOUNTAIN
$2.143: PADD 1c LOWER ATLANTIC
$2.130: PADD 2 MIDWEST
$2.114: PADD 3 GULF COAST

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

Author: Danny Pryor

Danny has more than 32 years of experience in media, including broadcasting and print journalism, and over two decades of website and digital content development. He is an AP-award-winning reporter and the creator of TurnpikeInfo.com.