Gas Price Update For March 14, 2016

Gas price trend for week of March 14, 2016Fort Lauderdale, FL – Gas prices surged on the week, according to the U.S. Energy Information Administration, as the price of crude oil rebounded and refiners continued switching to new summer gasoline blends ahead of the busy driving season. This week’s E.I.A. survey shows the price of a gallon of regular unleaded jumped 12-cents per gallon to $1.96. The increase was more than the previous three weeks’ price advances, combined. Prices surged by doubled digits in all regions except the Rocky Mountain states, and the broad west coast region, sans California, slipped above the two-dollar price point for the first time in several weeks.

Diesel prices also surged, according to the E.I.A. report. Prices for diesel increased anywhere from six to nine cents per gallon, and the national average price jumped from $2.02 last week to $2.10 this week.

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

Regional Gasoline Averages:

$2.394: PADD 5 WEST COAST (INCL. CA)
$2.045: PADD 5 WEST COAST (W/O CA)
$1.929: PADD 2 MIDWEST
$1.922: PADD 1b CENTRAL ATLANTIC
$1.885: PADD 1a NEW ENGLAND
$1.884: PADD 1 EAST COAST
$1.867: PADD 4 ROCKY MOUNTAIN
$1.856: PADD 1c LOWER ATLANTIC
$1.746: PADD 3 GULF COAST

Regional Diesel Averages:

$2.285: PADD 5 WEST COAST
$2.249: PADD 1b CENTRAL ATLANTIC
$2.204: PADD 1a NEW ENGLAND
$2.153: PADD 1 EAST COAST
$2.070: PADD 1c LOWER ATLANTIC
$2.065: PADD 2 MIDWEST
$1.999: PADD 4 ROCKY MOUNTAIN
$1.990: PADD 3 GULF COAST

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

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About Danny Pryor

Danny Pryor is a media, content and web developer with a long history in broadcast and print journalism. He is also the executive director of Turnpike Information Company. Danny has earned two awards from the Associated Press for his work in media, including Best Individual Achievement for Large Market Radio in Miami. He resides in Fort Lauderdale, Florida.