Gas Price Report For January 22, 2018

Gas price trend for week of January 22, 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 values are up 0.010 values are up 0.241
East Coast (PADD1) 2.500 2.517 2.556 values are up 0.039 values are up 0.208
  New England (PADD1A) 2.557 2.553 2.573 values are up 0.020 values are up 0.236
  Central Atlantic (PADD1B) 2.639 2.653 2.679 values are up 0.026 values are up 0.194
  Lower Atlantic (PADD1C) 2.379 2.405 2.459 values are up 0.054 values are up 0.209
Midwest (PADD2) 2.428 2.507 2.469 values are down -0.038 values are up 0.250
Gulf Coast (PADD3) 2.242 2.276 2.309 values are up 0.033 values are up 0.185
Rocky Mountain (PADD4) 2.441 2.455 2.472 values are up 0.017 values are up 0.216
West Coast (PADD5) 3.011 3.011 3.024 values are up 0.013 values are up 0.348
  West Coast less California 2.687 2.692 2.704 values are up 0.012 values are up 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 values are down -0.003 values are up 0.456
East Coast (PADD1) 3.025 3.063 3.078 values are up 0.015 values are up 0.451
  New England (PADD1A) 3.077 3.114 3.136 values are up 0.022 values are up 0.460
  Central Atlantic (PADD1B) 3.209 3.263 3.276 values are up 0.013 values are up 0.492
  Lower Atlantic (PADD1C) 2.887 2.913 2.929 values are up 0.016 values are up 0.422
Midwest (PADD2) 2.947 2.981 2.971 values are down -0.010 values are up 0.459
Gulf Coast (PADD3) 2.785 2.825 2.815 values are down -0.010 values are up 0.401
Rocky Mountain (PADD4) 2.974 2.984 2.955 values are down -0.029 values are up 0.423
West Coast (PADD5) 3.394 3.401 3.395 values are down -0.006 values are up 0.549
  West Coast less California 3.087 3.098 3.083 values are down -0.015 values are up 0.333
  California 3.638 3.641 3.643 values are up 0.002 values are up 0.720

*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.