Gas Price Report For January 29, 2018

Gas price trend for week of January 29, 2018

Fort Lauderdale, FL – The rate of price increases at the gas pump returned to its former, frenetic pace during the past week, according to the U.S. Energy Information Administration. The weekly E.I.A. fuel price survey shows the average cost of a gallon of regular unleaded gas shot upward by four cents per gallon to $2.61.

No region was spared gas price increases this week; but as often happens, the rate of the increases varied widely from one survey district to the next. On the West Coast, prices jumped by over six cents per gallon; whereas, in the Rockies, prices only nudged upward by about a penny per gallon. 

Truck drivers got hit just as hard this week, as the nation’s average price for a gallon of diesel lurched upward by well over four cents, pushing the average cost of diesel to $3.07 per gallon. Prices soared across the Gulf Coast and Midwest, where costs for truckers were up between a nickel and six cents per gallon, respectively.

Fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

01/15/18 01/22/18 01/29/18 week ago year ago
U.S. 2.557 2.567 2.607 values are up 0.040 values are up 0.311
East Coast (PADD1) 2.517 2.556 2.587 values are up 0.031 values are up 0.267
  New England (PADD1A) 2.553 2.573 2.606 values are up 0.033 values are up 0.292
  Central Atlantic (PADD1B) 2.653 2.679 2.723 values are up 0.044 values are up 0.265
  Lower Atlantic (PADD1C) 2.405 2.459 2.480 values are up 0.021 values are up 0.260
Midwest (PADD2) 2.507 2.469 2.510 values are up 0.041 values are up 0.342
Gulf Coast (PADD3) 2.276 2.309 2.347 values are up 0.038 values are up 0.258
Rocky Mountain (PADD4) 2.455 2.472 2.483 values are up 0.011 values are up 0.228
West Coast (PADD5) 3.011 3.024 3.088 values are up 0.064 values are up 0.410
  West Coast less California 2.692 2.704 2.729 values are up 0.025 values are up 0.246

E.I.A. Diesel Price Survey

01/15/18 01/22/18 01/29/18 week ago year ago
U.S. 3.028 3.025 3.070 values are up 0.045 values are up 0.508
East Coast (PADD1) 3.063 3.078 3.112 values are up 0.034 values are up 0.490
  New England (PADD1A) 3.114 3.136 3.160 values are up 0.024 values are up 0.498
  Central Atlantic (PADD1B) 3.263 3.276 3.306 values are up 0.030 values are up 0.536
  Lower Atlantic (PADD1C) 2.913 2.929 2.968 values are up 0.039 values are up 0.458
Midwest (PADD2) 2.981 2.971 3.030 values are up 0.059 values are up 0.530
Gulf Coast (PADD3) 2.825 2.815 2.868 values are up 0.053 values are up 0.460
Rocky Mountain (PADD4) 2.984 2.955 2.967 values are up 0.012 values are up 0.451
West Coast (PADD5) 3.401 3.395 3.434 values are up 0.039 values are up 0.589
  West Coast less California 3.098 3.083 3.120 values are up 0.037 values are up 0.376
  California 3.641 3.643 3.683 values are up 0.040 values are up 0.756

*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.