Fort Lauderdale, FL – Just in time for the Independence Day holiday, the U.S. Energy Information Administration reports this week the nation’s gas prices dropped for the fourth consecutive week, settling at $2.26 on a nationwide basis. Nationally, prices were down nearly three cents a gallon, making the third week of the past four that prices have declined at nearly the same rate. Regionally, price averages declined in a wide range between a penny and nearly a nickel per gallon. The West Coast had the lowest decline, while the Gulf Coast enjoyed the greatest price dip. It was a reversal of fortune for truckers, however, as diesel prices edged up for the first time in weeks. The cost of a gallon of diesel went up nearly a penny per gallon to $2.47, the E.I.A. reported this week. Regional cost averages for both gasoline and diesel are listed below, ranked from highest to lowest price.
Regional Gasoline Averages:
$2.816: PADD 5 WEST COAST (INCL. CA)
$2.593: PADD 5 WEST COAST (W/O CA)
$2.346: PADD 4 ROCKY MOUNTAIN
$2.345: PADD 1b CENTRAL ATLANTIC
$2.290: PADD 1a NEW ENGLAND
$2.203: PADD 1 EAST COAST
$2.139: PADD 2 MIDWEST
$2.070: PADD 1c LOWER ATLANTIC
$2.006: PADD 3 GULF COAST
Regional Diesel Averages:
$2.759: PADD 5 WEST COAST
$2.671: PADD 1b CENTRAL ATLANTIC
$2.585: PADD 4 ROCKY MOUNTAIN
$2.578: PADD 1a NEW ENGLAND
$2.522: PADD 1 EAST COAST
$2.407: PADD 1c LOWER ATLANTIC
$2.403: PADD 2 MIDWEST
$2.307: PADD 3 GULF COAST
Note: PADD is an acronym for Petroleum Administration for Defense Districts.