Gas Price Update For July 25, 2016

Gas price trend for week of July 25, 2016

Fort Lauderdale, FL – The price of gas fell precipitously during the past week, dropping five cents, on average, across the United States. The latest gas price survey, from the U.S. Energy Information Administration, details strong price declines in all regions, with prices falling to a national average of $2.18.

Along the gulf coast, the price has, officially, fallen below the $2.00 threshold for the first time in months.

Diesel prices fell just over a two cents, on average. The E.I.A. report shows the average price for a gallon of diesel is now $2.38.

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

Regional Gasoline Averages:

$2.670: PADD 5 WEST COAST (INCL. CA)
$2.459: PADD 5 WEST COAST (W/O CA)
$2.264: PADD 4 ROCKY MOUNTAIN
$2.209: PADD 1a NEW ENGLAND
$2.201: PADD 1b CENTRAL ATLANTIC
$2.120: PADD 1 EAST COAST
$2.078: PADD 2 MIDWEST
$2.033: PADD 1c LOWER ATLANTIC
$1.980: PADD 3 GULF COAST

Regional Diesel Averages:

$2.536: PADD 5 WEST COAST
$2.481: PADD 1b CENTRAL ATLANTIC
$2.434: PADD 1a NEW ENGLAND
$2.434: PADD 4 ROCKY MOUNTAIN
$2.387: PADD 1 EAST COAST
$2.341: PADD 2 MIDWEST
$2.306: PADD 1c LOWER ATLANTIC
$2.242: 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.