Gas Price Update For Week Of October 24, 2016

Gas price trend for week of October 24, 2016

Fort Lauderdale, FL – The price of gas continued slipping downward this week, but only just. Last week’s dramatic price declines across the Midwest continued into this week, according to the latest weekly release from the U.S. Energy Information Administration. That decline, along with more moderate price dips across the Lower Atlantic, pushed the national average gas price down about 1.4 cents this week. For most drivers, however, the price of gas actually went up. The U.S. average is now $2.24, according to the E.I.A.

The cost of diesel moderated this week, after a stiff increase last week. The national average remained the same, at $2.48 per gallon, though prices went up in New England and down across the Lower Atlantic.

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

Regional Gasoline Averages:

$2.680: PADD 5 WEST COAST (INCL. CA)
$2.476: PADD 5 WEST COAST (W/O CA)
$2.286: PADD 4 ROCKY MOUNTAIN
$2.274: PADD 1b CENTRAL ATLANTIC
$2.248: PADD 1a NEW ENGLAND
$2.232: PADD 1 EAST COAST
$2.196: PADD 1c LOWER ATLANTIC
$2.107: PADD 2 MIDWEST
$2.056: PADD 3 GULF COAST

Regional Diesel Averages:

$2.747: PADD 5 WEST COAST
$2.581: PADD 1b CENTRAL ATLANTIC
$2.550: PADD 4 ROCKY MOUNTAIN
$2.485: PADD 1a NEW ENGLAND
$2.468: PADD 1 EAST COAST
$2.451: PADD 2 MIDWEST
$2.378: PADD 1c LOWER ATLANTIC
$2.353: 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.