Gas Price Report For January 8, 2018

Gas price trend for week of January 8, 2018

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 values are up 0.002 values are up 0.134
East Coast (PADD1) 2.426 2.492 2.500 values are up 0.008 values are up 0.105
  New England (PADD1A) 2.510 2.533 2.557 values are up 0.024 values are up 0.179
  Central Atlantic (PADD1B) 2.555 2.615 2.639 values are up 0.024 values are up 0.124
  Lower Atlantic (PADD1C) 2.304 2.388 2.379 values are down -0.009 values are up 0.069
Midwest (PADD2) 2.409 2.453 2.428 values are down -0.025 values are up 0.084
Gulf Coast (PADD3) 2.170 2.238 2.242 values are up 0.004 values are up 0.074
Rocky Mountain (PADD4) 2.450 2.437 2.441 values are up 0.004 values are up 0.182
West Coast (PADD5) 2.966 2.975 3.011 values are up 0.036 values are up 0.331
  West Coast less California 2.677 2.678 2.687 values are up 0.009 values are up 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 values are up 0.023 values are up 0.399
East Coast (PADD1) 2.904 2.980 3.025 values are up 0.045 values are up 0.377
  New England (PADD1A) 2.943 3.010 3.077 values are up 0.067 values are up 0.400
  Central Atlantic (PADD1B) 3.068 3.151 3.209 values are up 0.058 values are up 0.396
  Lower Atlantic (PADD1C) 2.782 2.854 2.887 values are up 0.033 values are up 0.361
Midwest (PADD2) 2.854 2.935 2.947 values are up 0.012 values are up 0.400
Gulf Coast (PADD3) 2.708 2.774 2.785 values are up 0.011 values are up 0.337
Rocky Mountain (PADD4) 2.948 2.981 2.974 values are down -0.007 values are up 0.433
West Coast (PADD5) 3.312 3.361 3.394 values are up 0.033 values are up 0.521
  West Coast less California 3.026 3.073 3.087 values are up 0.014 values are up 0.313
  California 3.539 3.590 3.638 values are up 0.048 values are up 0.685

*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.