Monthly Archives: February 2018

Gas Price Report For February 26, 2018

Gas price trend for week of February 26, 2018

Fort Lauderdale, FL – The nation’s average gas price has declined for the third consecutive week, according to the latest fuel price survey from the U.S. Energy Information Administration. The E.I.A. report shows the cost of a gallon of regular unleaded dropped by about a penny to $2.55. However, the week-on-week decline was the lowest of the past three weeks.

Price declines were not seen in all regions. Across the Midwest, drivers found themselves paying, on average, about a penny to two cents more for gas, according to the survey report. Drivers across the West Coast are paying about a penny more.

Truckers got another break in prices this week, according to the survey numbers. The cost of diesel dropped, on average, by two cents per gallon to settle at $3.01.

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

E.I.A. Gas Price Survey

02/12/18 02/19/18 02/26/18 week ago year ago
U.S. 2.607 2.557 2.548 values are down -0.009 values are up 0.234
East Coast (PADD1) 2.606 2.559 2.530 values are down -0.029 values are up 0.244
  New England (PADD1A) 2.641 2.603 2.582 values are down -0.021 values are up 0.310
  Central Atlantic (PADD1B) 2.724 2.693 2.664 values are down -0.029 values are up 0.268
  Lower Atlantic (PADD1C) 2.508 2.446 2.414 values are down -0.032 values are up 0.207
Midwest (PADD2) 2.463 2.390 2.405 values are up 0.015 values are up 0.195
Gulf Coast (PADD3) 2.331 2.276 2.250 values are down -0.026 values are up 0.181
Rocky Mountain (PADD4) 2.510 2.486 2.454 values are down -0.032 values are up 0.181
West Coast (PADD5) 3.142 3.130 3.136 values are up 0.006 values are up 0.340
  West Coast less California 2.768 2.752 2.751 values are down -0.001 values are up 0.229

E.I.A. Diesel Price Survey

02/12/18 02/19/18 02/26/18 week ago year ago
U.S. 3.063 3.027 3.007 values are down -0.020 values are up 0.430
East Coast (PADD1) 3.111 3.082 3.057 values are down -0.025 values are up 0.422
  New England (PADD1A) 3.154 3.129 3.127 values are down -0.002 values are up 0.469
  Central Atlantic (PADD1B) 3.306 3.274 3.255 values are down -0.019 values are up 0.483
  Lower Atlantic (PADD1C) 2.966 2.939 2.906 values are down -0.033 values are up 0.373
Midwest (PADD2) 3.020 2.970 2.947 values are down -0.023 values are up 0.448
Gulf Coast (PADD3) 2.851 2.818 2.797 values are down -0.021 values are up 0.364
Rocky Mountain (PADD4) 2.972 2.953 2.936 values are down -0.017 values are up 0.354
West Coast (PADD5) 3.432 3.399 3.397 values are down -0.002 values are up 0.520
  West Coast less California 3.107 3.072 3.064 values are down -0.008 values are up 0.292
  California 3.689 3.658 3.660 values are up 0.002 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/

Gas Price Report For February 19, 2018

Editor’s note: Presidents’ Day holiday on February 19; report released February 20.

Gas price trend for week of February 19, 2018

Fort Lauderdale, FL – For the second consecutive week, gas prices gave ground, giving drivers a much-needed break at the gas pump, according to the U.S. Energy Information Administration. The E.I.A.’s weekly fuel-price survey shows the nation’s average gas price fell a nickel per gallon to about $2.56.

Prices fell in every region this week, although the range of price declines varied widely, according to the E.I.A. report. Prices in California, well over the $3.00 mark, only fell about a penny per gallon. Prices across the Midwest plunged over seven cents. For many drivers, the price declines were at or just above the national average, including a six-cent decline across both the Gulf Coast and Lower Atlantic regions.

Truckers got a solid break in prices this week, according to the survey, with diesel prices falling nearly four cents per gallon this week. The national average cost of diesel settled this week at just under $3.03.

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

E.I.A. Gas Price Survey

02/05/18 02/12/18 02/19/18 week ago year ago
U.S. 2.637 2.607 2.557 values are down -0.050 values are up 0.255
East Coast (PADD1) 2.614 2.606 2.559 values are down -0.047 values are up 0.265
  New England (PADD1A) 2.638 2.641 2.603 values are down -0.038 values are up 0.315
  Central Atlantic (PADD1B) 2.743 2.724 2.693 values are down -0.031 values are up 0.273
  Lower Atlantic (PADD1C) 2.510 2.508 2.446 values are down -0.062 values are up 0.245
Midwest (PADD2) 2.535 2.463 2.390 values are down -0.073 values are up 0.200
Gulf Coast (PADD3) 2.368 2.331 2.276 values are down -0.055 values are up 0.207
Rocky Mountain (PADD4) 2.496 2.510 2.486 values are down -0.024 values are up 0.234
West Coast (PADD5) 3.145 3.142 3.130 values are down -0.012 values are up 0.380
  West Coast less California 2.756 2.768 2.752 values are down -0.016 values are up 0.256

E.I.A. Diesel Price Survey

02/05/18 02/12/18 02/19/18 week ago year ago
U.S. 3.086 3.063 3.027 values are down -0.036 values are up 0.455
East Coast (PADD1) 3.133 3.111 3.082 values are down -0.029 values are up 0.454
  New England (PADD1A) 3.188 3.154 3.129 values are down -0.025 values are up 0.471
  Central Atlantic (PADD1B) 3.324 3.306 3.274 values are down -0.032 values are up 0.504
  Lower Atlantic (PADD1C) 2.988 2.966 2.939 values are down -0.027 values are up 0.418
Midwest (PADD2) 3.044 3.020 2.970 values are down -0.050 values are up 0.475
Gulf Coast (PADD3) 2.874 2.851 2.818 values are down -0.033 values are up 0.385
Rocky Mountain (PADD4) 2.981 2.972 2.953 values are down -0.019 values are up 0.405
West Coast (PADD5) 3.460 3.432 3.399 values are down -0.033 values are up 0.523
  West Coast less California 3.144 3.107 3.072 values are down -0.035 values are up 0.305
  California 3.711 3.689 3.658 values are down -0.031 values are up 0.692


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

Gas Price Report For February 12, 2018

Gas price trend for week of February 12, 2018

Fort Lauderdale, FL – After weeks of unrelenting increases, the price of gas finally gave some ground this week, according to the latest fuel-price survey from the U.S. Energy Information Administration. The E.I.A. report shows the nation’s average gas price dropped three cents during the week, the first time prices have gone down since just before the Christmas holiday. The nation’s average gas price now stands about about $2.61 per gallon.

The price drop did not hit every region. New England drivers and those across the West Coast, sans California, had a bump in prices. All other regions enjoyed a price decline, led by the Midwest, where prices plunged over seven cents per gallon, according to the E.I.A.

Truckers got a decent break in prices at the pump this week, by the survey numbers. The cost of diesel dropped, on average, just over two cents per gallon this week to settle at $3.06.

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

E.I.A. Gas Price Survey

01/29/18 02/05/18 02/12/18 week ago year ago
U.S. 2.607 2.637 2.607 values are down -0.030 values are up 0.300
East Coast (PADD1) 2.587 2.614 2.606 values are down -0.008 values are up 0.313
  New England (PADD1A) 2.606 2.638 2.641 values are up 0.003 values are up 0.345
  Central Atlantic (PADD1B) 2.723 2.743 2.724 values are down -0.019 values are up 0.300
  Lower Atlantic (PADD1C) 2.480 2.510 2.508 values are down -0.002 values are up 0.313
Midwest (PADD2) 2.510 2.535 2.463 values are down -0.072 values are up 0.250
Gulf Coast (PADD3) 2.347 2.368 2.331 values are down -0.037 values are up 0.251
Rocky Mountain (PADD4) 2.483 2.496 2.510 values are up 0.014 values are up 0.280
West Coast (PADD5) 3.088 3.145 3.142 values are down -0.003 values are up 0.410
  West Coast less California 2.729 2.756 2.768 values are up 0.012 values are up 0.281

E.I.A. Diesel Price Survey

01/29/18 02/05/18 02/12/18 week ago year ago
U.S. 3.070 3.086 3.063 values are down -0.023 values are up 0.498
East Coast (PADD1) 3.112 3.133 3.111 values are down -0.022 values are up 0.485
  New England (PADD1A) 3.160 3.188 3.154 values are down -0.034 values are up 0.486
  Central Atlantic (PADD1B) 3.306 3.324 3.306 values are down -0.018 values are up 0.541
  Lower Atlantic (PADD1C) 2.968 2.988 2.966 values are down -0.022 values are up 0.447
Midwest (PADD2) 3.030 3.044 3.020 values are down -0.024 values are up 0.533
Gulf Coast (PADD3) 2.868 2.874 2.851 values are down -0.023 values are up 0.427
Rocky Mountain (PADD4) 2.967 2.981 2.972 values are down -0.009 values are up 0.450
West Coast (PADD5) 3.434 3.460 3.432 values are down -0.028 values are up 0.563
  West Coast less California 3.120 3.144 3.107 values are down -0.037 values are up 0.346
  California 3.683 3.711 3.689 values are down -0.022 values are up 0.732


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

Gas Price Report For February 5, 2018

Gas price trend for week of February 5, 2018

Fort Lauderdale, FL – Gas prices continued their upward trajectory during the past week, according to the latest weekly price survey from the U.S. Energy Information Administration. The average price of a gallon of regular unleaded, according to the E.I.A., is now nearly $2.64, up another three cents on the week.

Every region was hit hard this week, particularly the West Coast, where prices jumped nearly six cents per gallon. Prices nudged upward in the Rockies, up just over a penny; and across the Gulf Coast and Central Atlantic, prices went up about two cents per gallon. In most other regions, price increases were generally around the national average of three cents per gallon. 

Truck drivers got hit once more, but the diesel price increase not as steep this week. The nation’s average price for a gallon of diesel increased about a penny and a half per gallon, pushing the cost of diesel to about $3.09.

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

E.I.A. Gas Price Survey

01/22/18 01/29/18 02/05/18 week ago year ago
U.S. 2.567 2.607 2.637 values are up 0.030 values are up 0.344
East Coast (PADD1) 2.556 2.587 2.614 values are up 0.027 values are up 0.313
  New England (PADD1A) 2.573 2.606 2.638 values are up 0.032 values are up 0.344
  Central Atlantic (PADD1B) 2.679 2.723 2.743 values are up 0.020 values are up 0.311
  Lower Atlantic (PADD1C) 2.459 2.480 2.510 values are up 0.030 values are up 0.304
Midwest (PADD2) 2.469 2.510 2.535 values are up 0.025 values are up 0.354
Gulf Coast (PADD3) 2.309 2.347 2.368 values are up 0.021 values are up 0.297
Rocky Mountain (PADD4) 2.472 2.483 2.496 values are up 0.013 values are up 0.263
West Coast (PADD5) 3.024 3.088 3.145 values are up 0.057 values are up 0.445
  West Coast less California 2.704 2.729 2.756 values are up 0.027 values are up 0.273

E.I.A. Diesel Price Survey

01/22/18 01/29/18 02/05/18 week ago year ago
U.S. 3.025 3.070 3.086 values are up 0.016 values are up 0.528
East Coast (PADD1) 3.078 3.112 3.133 values are up 0.021 values are up 0.515
  New England (PADD1A) 3.136 3.160 3.188 values are up 0.028 values are up 0.527
  Central Atlantic (PADD1B) 3.276 3.306 3.324 values are up 0.018 values are up 0.561
  Lower Atlantic (PADD1C) 2.929 2.968 2.988 values are up 0.020 values are up 0.480
Midwest (PADD2) 2.971 3.030 3.044 values are up 0.014 values are up 0.552
Gulf Coast (PADD3) 2.815 2.868 2.874 values are up 0.006 values are up 0.471
Rocky Mountain (PADD4) 2.955 2.967 2.981 values are up 0.014 values are up 0.466
West Coast (PADD5) 3.395 3.434 3.460 values are up 0.026 values are up 0.604
  West Coast less California 3.083 3.120 3.144 values are up 0.024 values are up 0.396
  California 3.643 3.683 3.711 values are up 0.028 values are up 0.767

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