Gas Price Update For September 6, 2016

Gas price trend for week of September 5, 2016

Fort Lauderdale, FL – Gas prices have halted their surprise prices increases, which began two weeks ago. The U.S. Energy Information’s weekly gas price survey shows the average price of a gallon of regular unleaded fell by just over a penny per gallon. The national average is now $2.22.

Prices fell dramatically across the Midwest, leading the national average down. Elsewhere, according to the E.I.A. report, prices either held steady or edged upward slightly.

The cost of diesel stabilized this week, with the average price of diesel remaining at just under $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:

$2.594: PADD 5 WEST COAST (INCL. CA)
$2.401: PADD 5 WEST COAST (W/O CA)
$2.267: PADD 4 ROCKY MOUNTAIN
$2.225: PADD 1b CENTRAL ATLANTIC
$2.202: PADD 1a NEW ENGLAND
$2.180: PADD 2 MIDWEST
$2.173: PADD 1 EAST COAST
$2.125: PADD 1c LOWER ATLANTIC
$2.005: PADD 3 GULF COAST

Regional Diesel Averages:

$2.664: PADD 5 WEST COAST
$2.499: PADD 1b CENTRAL ATLANTIC
$2.493: PADD 4 ROCKY MOUNTAIN
$2.420: PADD 1a NEW ENGLAND
$2.408: PADD 1 EAST COAST
$2.387: PADD 2 MIDWEST
$2.335: PADD 1c LOWER ATLANTIC
$2.264: PADD 3 GULF COAST

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

This week's report delayed by one day due to the Labor Day holiday.