Gas Price Update For July 18, 2016

Gas price trend for week of July 18, 2016Fort Lauderdale, FL – The price of gas continued its spate of weekly declines, according to the latest report from the U.S. Energy Information Administration. The report shows prices in all districts fell, with some regional averages poised to fall back below the $2.00-per-gallon threshold. Meanwhile, the national average price for a gallon of regular unleaded fell to $2.23, according to the weekly E.I.A. report. That price is down two cents from the previous week’s average.

Diesel prices fell just over a penny, on average; however, prices continue moving downward slowly, compared with regular gasoline. The E.I.A. report shows the average price for a gallon of diesel is now $2.40.

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

Regional Gasoline Averages:

$2.721: PADD 5 WEST COAST (INCL. CA)
$2.486: PADD 5 WEST COAST (W/O CA)
$2.276: PADD 4 ROCKY MOUNTAIN
$2.247: PADD 1a NEW ENGLAND
$2.229: PADD 1b CENTRAL ATLANTIC
$2.155: PADD 1 EAST COAST
$2.152: PADD 2 MIDWEST
$2.072: PADD 1c LOWER ATLANTIC
$2.007: PADD 3 GULF COAST

Regional Diesel Averages:

$2.626: PADD 5 WEST COAST
$2.503: PADD 1b CENTRAL ATLANTIC
$2.446: PADD 1a NEW ENGLAND
$2.435: PADD 4 ROCKY MOUNTAIN
$2.411: PADD 1 EAST COAST
$2.369: PADD 2 MIDWEST
$2.332: PADD 1c LOWER ATLANTIC
$2.262: 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.