Daily Archives: February 29, 2016

Gas Price Update For February 29, 2016

Gas price trend for week of February 29, 2016Fort Lauderdale, FL – The average price of a gallon of regular unleaded shot up about a nickel during the past week, according to the latest weekly release from the U.S. Energy Information Administration. Steep price increases in California and across the midwest, coupled with smaller increases across the gulf coast states, dragged the U.S. price average up to $1.78 per gallon.

The average price of diesel notched upward about a penny per gallon to settle at $1.99. Prices held steady across most of the east coast but edged up in all other regions, according to the E.I.A.

Regional cost averages for both gasoline and diesel are listed below, ranked from highest to lowest price.

Regional Gasoline Averages:

$2.208: PADD 5 WEST COAST (INCL. CA)
$1.865: PADD 5 WEST COAST (W/O CA)
$1.802: PADD 1b CENTRAL ATLANTIC
$1.770: PADD 1a NEW ENGLAND
$1.738: PADD 1 EAST COAST
$1.722: PADD 2 MIDWEST
$1.702: PADD 4 ROCKY MOUNTAIN
$1.681: PADD 1c LOWER ATLANTIC
$1.559: PADD 3 GULF COAST

Regional Diesel Averages:

$2.191: PADD 5 WEST COAST
$2.171: PADD 1b CENTRAL ATLANTIC
$2.154: PADD 1a NEW ENGLAND
$2.054: PADD 1 EAST COAST
$1.945: PADD 1c LOWER ATLANTIC
$1.937: PADD 2 MIDWEST
$1.881: PADD 4 ROCKY MOUNTAIN
$1.874: PADD 3 GULF COAST

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