Gas Price Update For August 29, 2016

Gas price trend for week of August 29, 2016

Fort Lauderdale, FL – For the second time in as many weeks, the price of gas surged upward across the nation, rising in every region. The U.S. Energy Information Administration reports the price of gas went up more than four cents, on average, to hit $2.24 per gallon of regular unleaded. The only region where average prices were below the $2.00 threshold, the Gulf Coast, pushed through the two-dollar boundary to settle at $2.01 this week. The Gulf Coast region remains the survey district with the lowest average gas price.

The cost of diesel shot upward another four cents per gallon this week, marking a solid ten-cent increase in just two weeks. The average price of diesel is now at $2.41 per gallon, according to the E.I.A.

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

Regional Gasoline Averages:

$2.592: PADD 5 WEST COAST (INCL. CA)
$2.391: PADD 5 WEST COAST (W/O CA)
$2.263: PADD 4 ROCKY MOUNTAIN
$2.227: PADD 2 MIDWEST
$2.220: PADD 1b CENTRAL ATLANTIC
$2.201: PADD 1a NEW ENGLAND
$2.172: PADD 1 EAST COAST
$2.128: PADD 1c LOWER ATLANTIC
$2.009: PADD 3 GULF COAST

Regional Diesel Averages:

$2.658: PADD 5 WEST COAST
$2.496: PADD 1b CENTRAL ATLANTIC
$2.476: PADD 4 ROCKY MOUNTAIN
$2.423: PADD 1a NEW ENGLAND
$2.410: PADD 1 EAST COAST
$2.391: PADD 2 MIDWEST
$2.341: PADD 1c LOWER ATLANTIC
$2.269: 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.