Daily Archives: February 16, 2016

Gas Price Update For February 15, 2016

Gas price update for week of February 15, 2016Fort Lauderdale, FL – Gas prices across the country fell again during the past week, according to the U.S. Energy Information Administration. The average price of gas declined four cents to settle at $1.72 per gallon. Prices were flat in the midwest, but the cost of fuel declined in every other region. For drivers across the west coast, prices fell an astonishing ten cents per gallon.

The price of diesel fuels finally fell through the $2.00 level, settling at $1.98 per gallon for a nationwide average. In a peculiar twist, prices along the central Atlantic states are higher, on average, than the west coast averages this week. Typically, west coast prices are the highest in the country.

Gas and diesel prices, by region, are as follows, ranked highest to lowest:

Regional Gasoline Averages:

$2.217: PADD 5 WEST COAST (INCL. CA)
$1.938: PADD 5 WEST COAST (W/O CA)
$1.822: PADD 1b CENTRAL ATLANTIC
$1.798: PADD 1a NEW ENGLAND
$1.755: PADD 1 EAST COAST
$1.692: PADD 1c LOWER ATLANTIC
$1.691: PADD 4 ROCKY MOUNTAIN
$1.528: PADD 3 GULF COAST
$1.522: PADD 2 MIDWEST

Regional Diesel Averages:

$2.197: PADD 1b CENTRAL ATLANTIC
$2.194: PADD 5 WEST COAST
$2.183: PADD 1a NEW ENGLAND
$2.069: PADD 1 EAST COAST
$1.947: PADD 1c LOWER ATLANTIC
$1.908: PADD 2 MIDWEST
$1.866: PADD 4 ROCKY MOUNTAIN
$1.858: PADD 3 GULF COAST

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

Editor's note: The President's Day holiday on Monday, February 15, 2016, delayed the EIA report by one day.