Gas Price Update For May 31, 2016

Gas price trend for week of May 30, 2016

Fort Lauderdale, FL – The price of gas moved about four cents higher during the past week; that is latest information in the weekly pricing survey from the U.S. Energy Information Administration. This week’s price hike means that prices, overall, have gone up a ten cents in the past two weeks.

Gas prices went up the most in the lower-Atlantic states and the midwest, which typically has volatile retail pricing. Meanwhile, the price of diesel went up across all regions, according to the E.I.A., while the national average went up about three cents to $2.38 per gallon.

According to the E.I.A. report, the biggest price increases happened across the mid-Atlantic region, which was hit by Tropical Depression Bonnie, and across California.

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

Regional Gasoline Averages:

$2.673: PADD 5 WEST COAST (INCL. CA)
$2.433: PADD 5 WEST COAST (W/O CA)
$2.353: PADD 1a NEW ENGLAND
$2.348: PADD 1b CENTRAL ATLANTIC
$2.340: PADD 2 MIDWEST
$2.316: PADD 4 ROCKY MOUNTAIN
$2.288: PADD 1 EAST COAST
$2.224: PADD 1c LOWER ATLANTIC
$2.090: PADD 3 GULF COAST

Regional Diesel Averages:

$2.650: PADD 5 WEST COAST
$2.505: PADD 1b CENTRAL ATLANTIC
$2.442: PADD 1a NEW ENGLAND
$2.405: PADD 1 EAST COAST
$2.375: PADD 4 ROCKY MOUNTAIN
$2.342: PADD 2 MIDWEST
$2.322: PADD 1c LOWER ATLANTIC
$2.254: PADD 3 GULF COAST

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