Monthly Archives: December 2017

Gas Price Report For December 25, 2017

Editor’s Note: Report released December 26, 2017 due to the Christmas holiday.

Gas price trend for week of December 25, 2017

Fort Lauderdale, FL – The nation’s gas prices continued to give ground for most Americans during the week leading up to the Christmas holiday, according to the latest fuel price survey released by the U.S. Energy Information Administration. However, a sudden spike in prices across the Midwest, coupled with higher prices across California, pushed the nation’s average gas price upward by over two cents to $2.47 per gallon.

As stated previously, drivers in most regions enjoyed slightly lower gas prices, typically in the range of one to two cents per gallon. In fact, aside from a spike in California prices, the motorists in the broader West Coast region enjoyed about three-cent’s worth of price declines, on average. Prices in the Midwest jumped by nearly nine cents per gallon.

Truck drivers were not so lucky this week, with regionally-mixed price movements for diesel fuel, according to the E.I.A. Across the Rocky Mountains and the West Coast, diesel prices went down by about a penny to a penny and a half per gallon this week. East of the Continental Divide, it was a different story, with diesel prices rising up to two cents per gallon, particularly across the Midwest.

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

E.I.A. Gas Price Survey

12/11/17 12/18/17 12/25/17 week ago year ago
U.S. 2.485 2.450 2.472 values are up 0.022 values are up 0.163
East Coast (PADD1) 2.465 2.438 2.426 values are down -0.012 values are up 0.113
  New England (PADD1A) 2.546 2.525 2.510 values are down -0.015 values are up 0.199
  Central Atlantic (PADD1B) 2.589 2.571 2.555 values are down -0.016 values are up 0.139
  Lower Atlantic (PADD1C) 2.348 2.313 2.304 values are down -0.009 values are up 0.067
Midwest (PADD2) 2.371 2.324 2.409 values are up 0.085 values are up 0.129
Gulf Coast (PADD3) 2.216 2.164 2.170 values are up 0.006 values are up 0.090
Rocky Mountain (PADD4) 2.514 2.476 2.450 values are down -0.026 values are up 0.275
West Coast (PADD5) 2.974 2.961 2.966 values are up 0.005 values are up 0.374
  West Coast less California 2.724 2.710 2.677 values are down -0.033 values are up 0.282

E.I.A. Diesel Price Survey

12/11/17 12/18/17 12/25/17 week ago year ago
U.S. 2.910 2.901 2.903 values are up 0.002 values are up 0.363
East Coast (PADD1) 2.901 2.897 2.904 values are up 0.007 values are up 0.331
  New England (PADD1A) 2.900 2.924 2.943 values are up 0.019 values are up 0.332
  Central Atlantic (PADD1B) 3.060 3.060 3.068 values are up 0.008 values are up 0.381
  Lower Atlantic (PADD1C) 2.788 2.778 2.782 values are up 0.004 values are up 0.304
Midwest (PADD2) 2.863 2.853 2.854 values are up 0.001 values are up 0.365
Gulf Coast (PADD3) 2.705 2.697 2.708 values are up 0.011 values are up 0.287
Rocky Mountain (PADD4) 2.991 2.958 2.948 values are down -0.010 values are up 0.432
West Coast (PADD5) 3.344 3.327 3.312 values are down -0.015 values are up 0.505
  West Coast less California 3.072 3.044 3.026 values are down -0.018 values are up 0.299
  California 3.560 3.552 3.539 values are down -0.013 values are up 0.668

*PADD stands for Petroleum Administration for Defense Districts. Charts from the U.S. Energy Information Administration. https://www.eia.gov/petroleum/gasdiesel/

Gas Price Report For December 18, 2017

Fort Lauderdale, FL – The closer the Christmas holiday gets, the more retailers seem to be giving at the pump. Gas prices, which have fallen steadily for weeks, gave ground again during the past week, according to the latest fuel price survey released by the U.S. Energy Information Administration. The E.I.A. report shows the average cost of a gallon of regular unleaded dipped again, week over week, by about three and a half cents, to settle at an even $2.45 on a nationwide basis.

Prices were down in all regions this week, with some regions getting close to their 2016 price levels, including the Lower Atlantic and the Gulf Coast. Drivers from Texas to Alabama are paying the lowest for gas, with prices averaging about $2.16 per gallon. West Coast drivers are paying the most, at $2.96.

Truck drivers caught another break this week, although the E.I.A. report did not bring the same level of seasonal jolly. The nation’s average cost of diesel dropped by only about a penny per gallon, to hit $2.90.

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

E.I.A. Gas Price Survey

12/04/17 12/11/17 12/18/17 week ago year ago
U.S. 2.500 2.485 2.450 values are down -0.035 values are up 0.186
East Coast (PADD1) 2.491 2.465 2.438 values are down -0.027 values are up 0.148
  New England (PADD1A) 2.575 2.546 2.525 values are down -0.021 values are up 0.244
  Central Atlantic (PADD1B) 2.616 2.589 2.571 values are down -0.018 values are up 0.193
  Lower Atlantic (PADD1C) 2.373 2.348 2.313 values are down -0.035 values are up 0.087
Midwest (PADD2) 2.357 2.371 2.324 values are down -0.047 values are up 0.132
Gulf Coast (PADD3) 2.250 2.216 2.164 values are down -0.052 values are up 0.111
Rocky Mountain (PADD4) 2.534 2.514 2.476 values are down -0.038 values are up 0.341
West Coast (PADD5) 3.006 2.974 2.961 values are down -0.013 values are up 0.398
  West Coast less California 2.739 2.724 2.710 values are down -0.014 values are up 0.333

E.I.A. Diesel Price Survey

12/04/17 12/11/17 12/18/17 week ago year ago
U.S. 2.922 2.910 2.901 values are down -0.009 values are up 0.374
East Coast (PADD1) 2.904 2.901 2.897 values are down -0.004 values are up 0.338
  New England (PADD1A) 2.897 2.900 2.924 values are up 0.024 values are up 0.337
  Central Atlantic (PADD1B) 3.062 3.060 3.060 no change 0.000 values are up 0.393
  Lower Atlantic (PADD1C) 2.794 2.788 2.778 values are down -0.010 values are up 0.308
Midwest (PADD2) 2.877 2.863 2.853 values are down -0.010 values are up 0.374
Gulf Coast (PADD3) 2.713 2.705 2.697 values are down -0.008 values are up 0.287
Rocky Mountain (PADD4) 3.019 2.991 2.958 values are down -0.033 values are up 0.463
West Coast (PADD5) 3.373 3.344 3.327 values are down -0.017 values are up 0.539
  West Coast less California 3.106 3.072 3.044 values are down -0.028 values are up 0.339
  California 3.585 3.560 3.552 values are down -0.008 values are up 0.698

*PADD stands for Petroleum Administration for Defense Districts. Charts from the U.S. Energy Information Administration. https://www.eia.gov/petroleum/gasdiesel/

Gas Price Report For December 11, 2017

Gas price trend for week of December 11, 2017

Fort Lauderdale, FL – Gas prices gave holiday drivers another break this week, according to the U.S. Energy Information Administration. The weekly E.I.A. fuel price survey reports gas prices declined another one-and-a-half cents, on average, bringing the nation’s average cost for a gallon of regular unleaded down to about $2.49.

Average regional prices were down in all but one survey district, according to the E.I.A. Drivers across the Midwest, who had been enjoying steep price declines, felt a pinch at the pump this week as prices went up almost two cents per gallon. Across the broad West Coast, the average cost of gas finally fell below the $3.00 threshold for the first time in weeks.

Truck drivers finally caught a better break this week, as the nation’s average cost of diesel fell nearly in line with regular petroleum. Diesel prices dipped, nationally, by 1.2¢ per gallon, settling at $2.91.

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

E.I.A. Gas Price Survey

11/27/17 12/04/17 12/11/17 week ago year ago
U.S. 2.533 2.500 2.485 values are down -0.015 values are up 0.249
East Coast (PADD1) 2.508 2.491 2.465 values are down -0.026 values are up 0.206
  New England (PADD1A) 2.584 2.575 2.546 values are down -0.029 values are up 0.289
  Central Atlantic (PADD1B) 2.632 2.616 2.589 values are down -0.027 values are up 0.226
  Lower Atlantic (PADD1C) 2.392 2.373 2.348 values are down -0.025 values are up 0.167
Midwest (PADD2) 2.422 2.357 2.371 values are up 0.014 values are up 0.209
Gulf Coast (PADD3) 2.262 2.250 2.216 values are down -0.034 values are up 0.208
Rocky Mountain (PADD4) 2.538 2.534 2.514 values are down -0.020 values are up 0.392
West Coast (PADD5) 3.035 3.006 2.974 values are down -0.032 values are up 0.418
  West Coast less California 2.750 2.739 2.724 values are down -0.015 values are up 0.356

E.I.A. Diesel Price Survey

11/27/17 12/04/17 12/11/17 week ago year ago
U.S. 2.926 2.922 2.910 values are down -0.012 values are up 0.417
East Coast (PADD1) 2.907 2.904 2.901 values are down -0.003 values are up 0.381
  New England (PADD1A) 2.881 2.897 2.900 values are up 0.003 values are up 0.353
  Central Atlantic (PADD1B) 3.074 3.062 3.060 values are down -0.002 values are up 0.427
  Lower Atlantic (PADD1C) 2.794 2.794 2.788 values are down -0.006 values are up 0.359
Midwest (PADD2) 2.884 2.877 2.863 values are down -0.014 values are up 0.417
Gulf Coast (PADD3) 2.712 2.713 2.705 values are down -0.008 values are up 0.334
Rocky Mountain (PADD4) 3.026 3.019 2.991 values are down -0.028 values are up 0.544
West Coast (PADD5) 3.380 3.373 3.344 values are down -0.029 values are up 0.572
  West Coast less California 3.113 3.106 3.072 values are down -0.034 values are up 0.382
  California 3.597 3.585 3.560 values are down -0.025 values are up 0.723

*PADD stands for Petroleum Administration for Defense Districts. Charts from the U.S. Energy Information Administration. https://www.eia.gov/petroleum/gasdiesel/

Gas Price Report For December 4, 2017

Gas price trend for December 4, 2017

Fort Lauderdale, FL – The price of gasoline continued its trek downward this week, according to the U.S. Energy Information Administration. The weekly E.I.A. fuel price survey shows the cost of regular unleaded declined by more than three cents per gallon, nationwide, to setting at $2.50.

Prices went down in all survey regions this week, particularly in the Midwest, where the retail cost dropped an average of seven cents per gallon this week. Over the past two weeks, gas prices in the Midwest have dipped by 14¢,  the biggest declines in the nation.

If the news for truckers was not as good this week, at least it was not as bad as last week. Average prices for diesel were flat, week on week, according to the E.I.A. survey. Prices did decline by about penny per gallon across the West Coast, the Midwest and the Central Atlantic. Nationally, however, prices moved only four-tenths of a cent, but it was enough to push the national average down, technically, to $2.92.

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

E.I.A. Gas Price Survey

11/20/17 11/27/17 12/04/17 week ago year ago
U.S. 2.568 2.533 2.500 values are down -0.033 values are up 0.292
East Coast (PADD1) 2.526 2.508 2.491 values are down -0.017 values are up 0.260
  New England (PADD1A) 2.593 2.584 2.575 values are down -0.009 values are up 0.339
  Central Atlantic (PADD1B) 2.646 2.632 2.616 values are down -0.016 values are up 0.276
  Lower Atlantic (PADD1C) 2.415 2.392 2.373 values are down -0.019 values are up 0.226
Midwest (PADD2) 2.497 2.422 2.357 values are down -0.065 values are up 0.250
Gulf Coast (PADD3) 2.285 2.262 2.250 values are down -0.012 values are up 0.271
Rocky Mountain (PADD4) 2.542 2.538 2.534 values are down -0.004 values are up 0.414
West Coast (PADD5) 3.051 3.035 3.006 values are down -0.029 values are up 0.435
  West Coast less California 2.758 2.750 2.739 values are down -0.011 values are up 0.359

E.I.A. Diesel Price Survey

11/20/17 11/27/17 12/04/17 week ago year ago
U.S. 2.912 2.926 2.922 values are down -0.004 values are up 0.442
East Coast (PADD1) 2.896 2.907 2.904 values are down -0.003 values are up 0.405
  New England (PADD1A) 2.862 2.881 2.897 values are up 0.016 values are up 0.371
  Central Atlantic (PADD1B) 3.055 3.074 3.062 values are down -0.012 values are up 0.460
  Lower Atlantic (PADD1C) 2.789 2.794 2.794 no change 0.000 values are up 0.379
Midwest (PADD2) 2.873 2.884 2.877 values are down -0.007 values are up 0.446
Gulf Coast (PADD3) 2.689 2.712 2.713 values are up 0.001 values are up 0.352
Rocky Mountain (PADD4) 3.003 3.026 3.019 values are down -0.007 values are up 0.562
West Coast (PADD5) 3.378 3.380 3.373 values are down -0.007 values are up 0.603
  West Coast less California 3.107 3.113 3.106 values are down -0.007 values are up 0.427
  California 3.599 3.597 3.585 values are down -0.012 values are up 0.742

*PADD stands for Petroleum Administration for Defense Districts. Charts from the U.S. Energy Information Administration. https://www.eia.gov/petroleum/gasdiesel/