Month: January 2018

Fort Lauderdale, FL – The nation’s gas prices continued rising during the past week, but the spate of weekly increases hit its lowest level in weeks, according to the latest release from the U.S. Energy Information Administration. The E.I.A.’s weekly gas price survey shows the pace of increases, at least at the national level, was held to just a penny per gallon, bringing the cost of regular unleaded to $2.57. The Midwest was the only region to enjoy a price decline this week, but that was only to give back about half of last-week’s heart-stopping eight-cent price increase. Elsewhere, prices were up anywhere from a penny per gallon, as across the West Coast, to over a nickel per gallon across the Lower Atlantic states. Truck drivers got little break in prices this week, by the numbers in the E.I.A. report, but not all regions enjoyed a decline in fuel prices. Nonetheless, the nation’s average diesel price held steady at $3.03 per gallon, with price declines of one to two cents from the Gulf Coast to the West Coast. Trucking across the Rocky Mountains got three cents cheaper, per gallon, on the week. Fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

	01/08/18	01/15/18	01/22/18		week ago	year ago
U.S.	2.522	2.557	2.567		0.010	0.241
East Coast (PADD1)	2.500	2.517	2.556		0.039	0.208
New England (PADD1A)	2.557	2.553	2.573		0.020	0.236
Central Atlantic (PADD1B)	2.639	2.653	2.679		0.026	0.194
Lower Atlantic (PADD1C)	2.379	2.405	2.459		0.054	0.209
Midwest (PADD2)	2.428	2.507	2.469		-0.038	0.250
Gulf Coast (PADD3)	2.242	2.276	2.309		0.033	0.185
Rocky Mountain (PADD4)	2.441	2.455	2.472		0.017	0.216
West Coast (PADD5)	3.011	3.011	3.024		0.013	0.348
West Coast less California	2.687	2.692	2.704		0.012	0.212

E.I.A. Diesel Price Survey

	01/08/18	01/15/18	01/22/18		week ago	year ago
U.S.	2.996	3.028	3.025		-0.003	0.456
East Coast (PADD1)	3.025	3.063	3.078		0.015	0.451
New England (PADD1A)	3.077	3.114	3.136		0.022	0.460
Central Atlantic (PADD1B)	3.209	3.263	3.276		0.013	0.492
Lower Atlantic (PADD1C)	2.887	2.913	2.929		0.016	0.422
Midwest (PADD2)	2.947	2.981	2.971		-0.010	0.459
Gulf Coast (PADD3)	2.785	2.825	2.815		-0.010	0.401
Rocky Mountain (PADD4)	2.974	2.984	2.955		-0.029	0.423
West Coast (PADD5)	3.394	3.401	3.395		-0.006	0.549
West Coast less California	3.087	3.098	3.083		-0.015	0.333
California	3.638	3.641	3.643		0.002	0.720

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

Fort Lauderdale, FL – As they started the year, gas prices came out of the second holiday weekend of 2018 with a strong increase, according to the weekly fuel price survey released by the U.S. Energy Information Administration. The E.I.A. survey shows the average price for a gallon of regular unleaded gas is now nearly $2.56, an increase of nearly four cents over last week. Price changes were strongest across the Midwest, where volatility is normal. Nonetheless, this week’s eight-cent price hike likely stunned drivers, already suffering under potent, back-to-back winter storms. Elsewhere across the U.S., the E.I.A. report details price increases ranging from just under a penny per gallon on the West Coast to between three and four cents per gallon across both the Lower Atlantic and Gulf Coast regions. Prices dipped slightly in New England, according to the E.I.A., the only region to enjoy a price decline. Truck drivers took yet another hit this week, with the national average closing out the week over the three-dollar mark, according to the E.I.A.. The nation’s average cost for a gallon of diesel increased over three cents per gallon this week to settle at nearly $3.03. Fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

	01/01/18	01/08/18	01/15/18		week ago	year ago
U.S.	2.520	2.522	2.557		0.035	0.199
East Coast (PADD1)	2.492	2.500	2.517		0.017	0.143
New England (PADD1A)	2.533	2.557	2.553		-0.004	0.196
Central Atlantic (PADD1B)	2.615	2.639	2.653		0.014	0.149
Lower Atlantic (PADD1C)	2.388	2.379	2.405		0.026	0.123
Midwest (PADD2)	2.453	2.428	2.507		0.079	0.224
Gulf Coast (PADD3)	2.238	2.242	2.276		0.034	0.134
Rocky Mountain (PADD4)	2.437	2.441	2.455		0.014	0.191
West Coast (PADD5)	2.975	3.011	3.011		0.000	0.328
West Coast less California	2.678	2.687	2.692		0.005	0.202

E.I.A. Diesel Price Survey

	01/01/18	01/08/18	01/15/18		week ago	year ago
U.S.	2.973	2.996	3.028		0.032	0.443
East Coast (PADD1)	2.980	3.025	3.063		0.038	0.427
New England (PADD1A)	3.010	3.077	3.114		0.037	0.439
Central Atlantic (PADD1B)	3.151	3.209	3.263		0.054	0.459
Lower Atlantic (PADD1C)	2.854	2.887	2.913		0.026	0.402
Midwest (PADD2)	2.935	2.947	2.981		0.034	0.440
Gulf Coast (PADD3)	2.774	2.785	2.825		0.040	0.396
Rocky Mountain (PADD4)	2.981	2.974	2.984		0.010	0.446
West Coast (PADD5)	3.361	3.394	3.401		0.007	0.546
West Coast less California	3.073	3.087	3.098		0.011	0.343
California	3.590	3.638	3.641		0.003	0.704

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

Fort Lauderdale, FL – Gas prices continued rising during the second week of the new year for most drivers, according to the latest weekly price survey from the U.S. Energy Information Administration. However, mixed regional results kept flat the national gas price average, week on week, where the price for a single gallon of regular unleaded remains $2.50. District by district, the price changes this week were quite mixed, with drivers across the Midwest enjoying about a three cent decline in average regional gas prices. Across New England and the Central Atlantic states, the opposite was true as prices rose well over two cents per gallon. Prices across the West Coast rose nearly four cents per gallon to settle over the $3.00 mark for the first time in several weeks. Truck drivers took another hard hit this week, according to the E.I.A. survey report. The nation’s average cost for a gallon of diesel increased over two cents per gallon this week, with far higher price increases felt across the Central Atlantic and New England states. Nationally, the average cost for a gallon of diesel is now just a fraction of a penny shy of $3.00. Fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

	12/25/17	01/01/18	01/08/18		week ago	year ago
U.S.	2.472	2.520	2.522		0.002	0.134
East Coast (PADD1)	2.426	2.492	2.500		0.008	0.105
New England (PADD1A)	2.510	2.533	2.557		0.024	0.179
Central Atlantic (PADD1B)	2.555	2.615	2.639		0.024	0.124
Lower Atlantic (PADD1C)	2.304	2.388	2.379		-0.009	0.069
Midwest (PADD2)	2.409	2.453	2.428		-0.025	0.084
Gulf Coast (PADD3)	2.170	2.238	2.242		0.004	0.074
Rocky Mountain (PADD4)	2.450	2.437	2.441		0.004	0.182
West Coast (PADD5)	2.966	2.975	3.011		0.036	0.331
West Coast less California	2.677	2.678	2.687		0.009	0.222

E.I.A. Diesel Price Survey

	12/25/17	01/01/18	01/08/18		week ago	year ago
U.S.	2.903	2.973	2.996		0.023	0.399
East Coast (PADD1)	2.904	2.980	3.025		0.045	0.377
New England (PADD1A)	2.943	3.010	3.077		0.067	0.400
Central Atlantic (PADD1B)	3.068	3.151	3.209		0.058	0.396
Lower Atlantic (PADD1C)	2.782	2.854	2.887		0.033	0.361
Midwest (PADD2)	2.854	2.935	2.947		0.012	0.400
Gulf Coast (PADD3)	2.708	2.774	2.785		0.011	0.337
Rocky Mountain (PADD4)	2.948	2.981	2.974		-0.007	0.433
West Coast (PADD5)	3.312	3.361	3.394		0.033	0.521
West Coast less California	3.026	3.073	3.087		0.014	0.313
California	3.539	3.590	3.638		0.048	0.685

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

Editor’s Note: Report released January 2, 2018 due to the New Year’s Day holiday.

Fort Lauderdale, FL – Gas prices started the new year with a shocking increase, according to the latest pricing survey from the U.S. Energy Information Administration. The E.I.A. reports the nation’s average cost of a gallon of regular unleaded surged nearly five cents per gallon to $2.52. That increase as more than twice the price hike seen a week earlier, which greeted drivers making last-minute Christmas rounds. Drivers in nearly all regions suffered with higher gas prices, including some weighty increases in the Lower Atlantic states and along the Gulf Coast. Despite a seven cent increase in that region’s average fuel price, the Gulf remains the cheapest place to get gas. Only the Rocky Mountain states enjoyed a slight price dip, of just over one penny per gallon. Truck drivers took it on the chin this week, by the E.I.A. survey report results. The nation’s average cost for a gallon of diesel surged by seven cents per gallon, pushing the national average to $2.97. Fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

	12/18/17	12/25/17	01/01/18		week ago	year ago
U.S.	2.450	2.472	2.520		0.048	0.143
East Coast (PADD1)	2.438	2.426	2.492		0.066	0.106
New England (PADD1A)	2.525	2.510	2.533		0.023	0.162
Central Atlantic (PADD1B)	2.571	2.555	2.615		0.060	0.119
Lower Atlantic (PADD1C)	2.313	2.304	2.388		0.084	0.081
Midwest (PADD2)	2.324	2.409	2.453		0.044	0.106
Gulf Coast (PADD3)	2.164	2.170	2.238		0.068	0.090
Rocky Mountain (PADD4)	2.476	2.450	2.437		-0.013	0.203
West Coast (PADD5)	2.961	2.966	2.975		0.009	0.324
West Coast less California	2.710	2.677	2.678		0.001	0.248

E.I.A. Diesel Price Survey

	12/18/17	12/25/17	01/01/18		week ago	year ago
U.S.	2.901	2.903	2.973		0.070	0.387
East Coast (PADD1)	2.897	2.904	2.980		0.076	0.353
New England (PADD1A)	2.924	2.943	3.010		0.067	0.345
Central Atlantic (PADD1B)	3.060	3.068	3.151		0.083	0.375
Lower Atlantic (PADD1C)	2.778	2.782	2.854		0.072	0.340
Midwest (PADD2)	2.853	2.854	2.935		0.081	0.395
Gulf Coast (PADD3)	2.697	2.708	2.774		0.066	0.323
Rocky Mountain (PADD4)	2.958	2.948	2.981		0.033	0.446
West Coast (PADD5)	3.327	3.312	3.361		0.049	0.514
West Coast less California	3.044	3.026	3.073		0.047	0.316
California	3.552	3.539	3.590		0.051	0.669

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