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/

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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.