Gas Price Update For July 4, 2016

Gas price trend for week of July 4, 2016

Fort Lauderdale, FL – The price of gas kept going down during the past week, even through the holiday weekend, according to the latest report from the U.S. Energy Information Administration. Prices went down in all regions, with declines ranging from a penny to over eight cents.  That helped bring the national average price for a gallon of regular unleaded below $2.30 for the first time in weeks, settling at $2.29, according to the E.I.A. report.

Diesel prices held fairly steady again this week, by the E.I.A. report. However, prices are, overall, trickling downward. Meanwhile, the national average price for diesel ticked down a penny to $2.42 per gallon.

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

Regional Gasoline Averages:

$2.759: PADD 5 WEST COAST (INCL. CA)
$2.500: PADD 5 WEST COAST (W/O CA)
$2.323: PADD 1a NEW ENGLAND
$2.305: PADD 4 ROCKY MOUNTAIN
$2.304: PADD 1b CENTRAL ATLANTIC
$2.233: PADD 1 EAST COAST
$2.208: PADD 2 MIDWEST
$2.153: PADD 1c LOWER ATLANTIC
$2.074: PADD 3 GULF COAST

Regional Diesel Averages:

$2.709: PADD 5 WEST COAST
$2.535: PADD 1b CENTRAL ATLANTIC
$2.482: PADD 1a NEW ENGLAND
$2.438: PADD 1 EAST COAST
$2.436: PADD 4 ROCKY MOUNTAIN
$2.389: PADD 2 MIDWEST
$2.355: PADD 1c LOWER ATLANTIC
$2.282: 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.