Gas Price Report For October 2, 2017

Gas price trend for week of October 2, 2017Gas Prices Continue Their Post-Hurricanes Declines

 

Fort Lauderdale, FL – Gas prices, which soared in the aftermath of Hurricanes Harvey and, to a much lesser extent, Irma, are continuing to come down, though not at the same pace they increased in late summer. For this week, at least, the price of gas on a nationwide basis fell nearly two cents, according to the latest nationwide price survey released by the U.S. Energy Information Administration. The national average now stands at $2.57 per gallon, according to the E.I.A.

Prices fell in all regions this week, except for the Midwest, where prices went up about four cents per gallon. In other regions, declines were varied, from as little as about two cents across the Rockies to nearly six cents in the Lower Atlantic states, including Florida and Georgia, which had to contend with Irma. Prices across the Gulf region returned to their status as lowest in the nation this week, according to the E.I.A. The region had ceded the distinction of cheapest gas to the Midwest during the past two weeks.

Diesel prices remained flat or increased slightly this week, the survey report reads. The average cost of diesel went up about a half penny per gallon, but due to rounding, the national average remained flat at $2.79.

Regional cost averages for both gasoline and diesel are listed below, showing the current week and previous week. Prices are ranked from highest to lowest price.

Regional Gasoline Averages:

THIS WK / LAST WK: REGION

$2.975 / $3.004: PADD 5 WEST COAST (INCL. CA)
$2.741 / $2.765: PADD 5 WEST COAST (W/O CA)
$2.665 / $2.704: PADD 1a NEW ENGLAND
$2.653 / $2.701: PADD 1b CENTRAL ATLANTIC
$2.592 / $2.642: PADD 1 EAST COAST
$2.567 / $2.582: PADD 4 ROCKY MOUNTAIN
$2.525 / $2.580: PADD 1c LOWER ATLANTIC
$2.402 / $2.367: PADD 2 MIDWEST
$2.381 / $2.423: PADD 3 GULF COAST

Regional Diesel Averages:

THIS WK / LAST WK: REGION

$3.109 / $3.103: PADD 5 WEST COAST
$2.934 / $2.925: PADD 1b CENTRAL ATLANTIC
$2.860 / $2.832: PADD 4 ROCKY MOUNTAIN
$2.819 / $2.811: PADD 1 EAST COAST
$2.767 / $2.762: PADD 1a NEW ENGLAND
$2.748 / $2.740: PADD 1c LOWER ATLANTIC
$2.747 / $2.741: PADD 2 MIDWEST
$2.615 / $2.624: PADD 3 GULF COAST

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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.