Daily Archives: November 6, 2017

Gas Price Report For November 6, 2017

Gas price trend for week of November 6, 2017

Fort Lauderdale, FL – The nation’s average fuel prices surged during the past week, according to the latest fuel price survey from the U.S. Energy Information Administration. The E.I.A. weekly report, which surveys fuel districts across nine regions and sub-regions, found spikes in gas prices in California and across the Midwest were major factors in this week’s seven-cent price hike. The nation’s average gas price now stands at $2.56 per gallon.

Regionally, drivers across the broad West Coast region, which includes California, saw prices lurch upward over 12¢ per gallon to settle over the $3.00 mark for the first time in weeks. As a region, the West Coast prices are the highest in the country, averaging about $3.05 per gallon of regular unleaded. On the other side of the spectrum, prices along the Gulf Coast increased modestly to an average of $2.25 per gallon.

Truckers felt an equal amount of pain at the pump, as prices for diesel jumped over six cents per gallon, on average, this week, according to the E.I.A. The average cost for a gallon of diesel is now $2.88.

Fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

10/23/17 10/30/17 11/06/17 week ago year ago
U.S. 2.479 2.488 2.561 values are up 0.073 values are up 0.328
East Coast (PADD1) 2.447 2.448 2.477 values are up 0.029 values are up 0.237
  New England (PADD1A) 2.562 2.553 2.563 values are up 0.010 values are up 0.308
  Central Atlantic (PADD1B) 2.539 2.553 2.611 values are up 0.058 values are up 0.276
  Lower Atlantic (PADD1C) 2.344 2.337 2.350 values are up 0.013 values are up 0.185
Midwest (PADD2) 2.394 2.427 2.546 values are up 0.119 values are up 0.464
Gulf Coast (PADD3) 2.226 2.215 2.249 values are up 0.034 values are up 0.234
Rocky Mountain (PADD4) 2.529 2.515 2.538 values are up 0.023 values are up 0.270
West Coast (PADD5) 2.925 2.928 3.049 values are up 0.121 values are up 0.363
  West Coast less California 2.687 2.688 2.714 values are up 0.026 values are up 0.239

E.I.A. Diesel Price Survey

10/23/17 10/30/17 11/06/17 week ago year ago
U.S. 2.797 2.819 2.882 values are up 0.063 values are up 0.412
East Coast (PADD1) 2.797 2.811 2.848 values are up 0.037 values are up 0.374
  New England (PADD1A) 2.752 2.770 2.812 values are up 0.042 values are up 0.310
  Central Atlantic (PADD1B) 2.924 2.938 2.975 values are up 0.037 values are up 0.391
  Lower Atlantic (PADD1C) 2.715 2.729 2.764 values are up 0.035 values are up 0.380
Midwest (PADD2) 2.779 2.810 2.861 values are up 0.051 values are up 0.436
Gulf Coast (PADD3) 2.614 2.639 2.668 values are up 0.029 values are up 0.328
Rocky Mountain (PADD4) 2.917 2.943 2.965 values are up 0.022 values are up 0.433
West Coast (PADD5) 3.098 3.111 3.332 values are up 0.221 values are up 0.566
  West Coast less California 3.015 3.020 3.075 values are up 0.055 values are up 0.402
  California 3.166 3.185 3.541 values are up 0.356 values are up 0.701

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