Gas Price Report For December 18, 2017

Gas price trend for week of 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/

Author: Danny Pryor

Danny has more than 30 years of experience in media, including broadcasting and print journalism, and nearly two decades of website and digital content development. He is an AP-award-winning reporter and the creator of TurnpikeInfo.com.