Monthly Archives: March 2018

Gas Price Report For March 26, 2018

Gas price trend for week of March 26, 2018

Fort Lauderdale, FL – Driving keeps getting more expensive, as the data reflect in the latest gas price survey, from the U.S. Energy Information Administration. The weekly price report shows the cost of an average gallon of regular unleaded surged five cents on the week, pushing to about $2.65. Prices shot higher in all regions.

The lowest price increases were seen across the Midwest, according to the report, where drivers experienced a two cent increase in gas prices. For the unlucky drivers along the Gulf Coast, the price of gas surged nearly eight cents per gallon, according to the E.I.A., jumping from $2.30 last week to $2.38 this week. Prices along the Gulf remain the cheapest in the United States, according to the report.

The news was little better for truckers. Prices jumped about four cents per gallon, on average, for diesel, to settle over the $3.00 mark for the first time in weeks. The national average price of diesel is now $3.01, according to the E.I.A.

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

E.I.A. Gas Price Survey

03/12/18 03/19/18 03/26/18 week ago year ago
U.S. 2.559 2.598 2.648 values are up 0.050 values are up 0.333
East Coast (PADD1) 2.509 2.536 2.592 values are up 0.056 values are up 0.316
  New England (PADD1A) 2.554 2.556 2.587 values are up 0.031 values are up 0.324
  Central Atlantic (PADD1B) 2.630 2.628 2.698 values are up 0.070 values are up 0.326
  Lower Atlantic (PADD1C) 2.404 2.462 2.514 values are up 0.052 values are up 0.307
Midwest (PADD2) 2.439 2.495 2.515 values are up 0.020 values are up 0.331
Gulf Coast (PADD3) 2.274 2.304 2.381 values are up 0.077 values are up 0.294
Rocky Mountain (PADD4) 2.423 2.443 2.528 values are up 0.085 values are up 0.225
West Coast (PADD5) 3.170 3.215 3.274 values are up 0.059 values are up 0.426
  West Coast less California 2.787 2.842 2.906 values are up 0.064 values are up 0.316

E.I.A. Diesel Price Survey

03/12/18 03/19/18 03/26/18 week ago year ago
U.S. 2.976 2.972 3.010 values are up 0.038 values are up 0.478
East Coast (PADD1) 3.024 3.009 3.038 values are up 0.029 values are up 0.452
  New England (PADD1A) 3.107 3.101 3.115 values are up 0.014 values are up 0.522
  Central Atlantic (PADD1B) 3.221 3.200 3.217 values are up 0.017 values are up 0.493
  Lower Atlantic (PADD1C) 2.871 2.858 2.898 values are up 0.040 values are up 0.411
Midwest (PADD2) 2.899 2.898 2.934 values are up 0.036 values are up 0.476
Gulf Coast (PADD3) 2.782 2.786 2.823 values are up 0.037 values are up 0.445
Rocky Mountain (PADD4) 2.903 2.925 2.991 values are up 0.066 values are up 0.394
West Coast (PADD5) 3.386 3.384 3.438 values are up 0.054 values are up 0.616
  West Coast less California 3.052 3.060 3.147 values are up 0.087 values are up 0.444
  California 3.652 3.641 3.669 values are up 0.028 values are up 0.750

*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 March 19, 2018

Gas price trend for week of March 19, 2018

Fort Lauderdale, FL – The cost of the nation’s fuel supply spiked during the past week, driven by intense price hikes across three key regions, according to this week’s fuel price survey from the U.S. Energy Information Administration. The national average price for a gallon of regular unleaded shot up by nearly four cents, settling at just under $2.60.

Prices shot significantly higher across the Lower Atlantic, the Midwest and the West Coast, according to the E.I.A. The survey report shows each region endured average price increases between five and six cents per gallon. Most other regions had price hikes of between two and four cents per gallon. Only the Central Atlantic states were spared a price increase, according to the survey report.

The news was much better for truckers, although prices were mostly flat in most regions. In fact, the U.S. average cost for diesel remained flat on the week, declining just about four-tenths of a penny per gallon. That was enough to shift the national average from $2.98 to $2.97, but the move is more academic than practical for most drivers. Still, haulers operating across the Central Atlantic enjoyed a fair dip in prices this week, according to the E.I.A.

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

E.I.A. Gas Price Survey

03/05/18 03/12/18 03/19/18 week ago year ago
U.S. 2.560 2.559 2.598 values are up 0.039 values are up 0.277
East Coast (PADD1) 2.534 2.509 2.536 values are up 0.027 values are up 0.270
  New England (PADD1A) 2.565 2.554 2.556 values are up 0.002 values are up 0.295
  Central Atlantic (PADD1B) 2.647 2.630 2.628 values are down -0.002 values are up 0.248
  Lower Atlantic (PADD1C) 2.440 2.404 2.462 values are up 0.058 values are up 0.279
Midwest (PADD2) 2.428 2.439 2.495 values are up 0.056 values are up 0.274
Gulf Coast (PADD3) 2.278 2.274 2.304 values are up 0.030 values are up 0.232
Rocky Mountain (PADD4) 2.437 2.423 2.443 values are up 0.020 values are up 0.139
West Coast (PADD5) 3.141 3.170 3.215 values are up 0.045 values are up 0.366
  West Coast less California 2.770 2.787 2.842 values are up 0.055 values are up 0.256

E.I.A. Diesel Price Survey

03/05/18 03/12/18 03/19/18 week ago year ago
U.S. 2.992 2.976 2.972 values are down -0.004 values are up 0.433
East Coast (PADD1) 3.046 3.024 3.009 values are down -0.015 values are up 0.409
  New England (PADD1A) 3.126 3.107 3.101 values are down -0.006 values are up 0.479
  Central Atlantic (PADD1B) 3.240 3.221 3.200 values are down -0.021 values are up 0.462
  Lower Atlantic (PADD1C) 2.894 2.871 2.858 values are down -0.013 values are up 0.360
Midwest (PADD2) 2.920 2.899 2.898 values are down -0.001 values are up 0.434
Gulf Coast (PADD3) 2.793 2.782 2.786 values are up 0.004 values are up 0.406
Rocky Mountain (PADD4) 2.910 2.903 2.925 values are up 0.022 values are up 0.335
West Coast (PADD5) 3.392 3.386 3.384 values are down -0.002 values are up 0.558
  West Coast less California 3.064 3.052 3.060 values are up 0.008 values are up 0.358
  California 3.652 3.652 3.641 values are down -0.011 values are up 0.713

*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 March 12, 2018

Gas price trend for week of March 12, 2018

Fort Lauderdale, FL – The average cost of gas went down for many drivers across the United States, according to this week’s gas price survey from the U.S. Energy Information Administration. However, price surges across some regions kept the national price average in check, holding the figure to about $2.56 per gallon.

Drivers saw bigger price dips across the Lower Atlantic and broader East Coast, according to this week’s price survey. Prices fell nearly four cents across the Lower Atlantic and about three cents across the East Coast. A sudden uptick in prices hit drivers in California, while a smaller hike struck across the general West Coast region.

Truckers got better news across all regions, with this week’s E.I.A. survey. Aside from California, where prices were flat this week, prices declined in all regions, according to the report. The average cost of diesel is now about $2.98 per gallon, the second consecutive week the fuel has cost less than $3.00.

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

E.I.A. Gas Price Survey

02/26/18 03/05/18 03/12/18 week ago year ago
U.S. 2.548 2.560 2.559 values are down -0.001 values are up 0.236
East Coast (PADD1) 2.530 2.534 2.509 values are down -0.025 values are up 0.236
  New England (PADD1A) 2.582 2.565 2.554 values are down -0.011 values are up 0.295
  Central Atlantic (PADD1B) 2.664 2.647 2.630 values are down -0.017 values are up 0.244
  Lower Atlantic (PADD1C) 2.414 2.440 2.404 values are down -0.036 values are up 0.213
Midwest (PADD2) 2.405 2.428 2.439 values are up 0.011 values are up 0.222
Gulf Coast (PADD3) 2.250 2.278 2.274 values are down -0.004 values are up 0.199
Rocky Mountain (PADD4) 2.454 2.437 2.423 values are down -0.014 values are up 0.118
West Coast (PADD5) 3.136 3.141 3.170 values are up 0.029 values are up 0.319
  West Coast less California 2.751 2.770 2.787 values are up 0.017 values are up 0.203

E.I.A. Diesel Price Survey

02/26/18 03/05/18 03/12/18 week ago year ago
U.S. 3.007 2.992 2.976 values are down -0.016 values are up 0.412
East Coast (PADD1) 3.057 3.046 3.024 values are down -0.022 values are up 0.407
  New England (PADD1A) 3.127 3.126 3.107 values are down -0.019 values are up 0.479
  Central Atlantic (PADD1B) 3.255 3.240 3.221 values are down -0.019 values are up 0.460
  Lower Atlantic (PADD1C) 2.906 2.894 2.871 values are down -0.023 values are up 0.359
Midwest (PADD2) 2.947 2.920 2.899 values are down -0.021 values are up 0.408
Gulf Coast (PADD3) 2.797 2.793 2.782 values are down -0.011 values are up 0.363
Rocky Mountain (PADD4) 2.936 2.910 2.903 values are down -0.007 values are up 0.286
West Coast (PADD5) 3.397 3.392 3.386 values are down -0.006 values are up 0.540
  West Coast less California 3.064 3.064 3.052 values are down -0.012 values are up 0.316
  California 3.660 3.652 3.652 no change 0.000 values are up 0.716

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

Gas Price Update For March 5, 2018

Gas price trend for week of March 5, 2018

Fort Lauderdale, FL – After three weeks of price declines, drivers were hit with an increase in costs at the pump this week, according to the U.S. Energy Information Administration. The E.I.A.’s weekly fuel price survey shows the average cost of gas for Americas’ drivers went up by over a penny per gallon. The nation’s average price for a gallon of regular unleaded is now $2.56, according to the weekly report.

Price declines of identical amounts were felt in the New England states, as well as in the Central Atlantic and Rocky Mountain regions, the E.I.A. reported. But price increases across the Midwest, the Gulf Coast, and the Lower Atlantic states weighed heavily on the nation’s price averages this week.

Truckers kept getting a break in prices, though, bucking the gasoline trend this week, the E.I.A. reported. The survey report shows the average cost of diesel dipped by well over a penny per gallon to settle below $3.00 for the first time since the beginning of 2018. Average diesel prices, nationwide, are $2.99 per gallon, according to the E.I.A.

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

E.I.A. Gas Price Survey

02/19/18 02/26/18 03/05/18 week ago year ago
U.S. 2.557 2.548 2.560 values are up 0.012 values are up 0.219
East Coast (PADD1) 2.559 2.530 2.534 values are up 0.004 values are up 0.249
  New England (PADD1A) 2.603 2.582 2.565 values are down -0.017 values are up 0.307
  Central Atlantic (PADD1B) 2.693 2.664 2.647 values are down -0.017 values are up 0.259
  Lower Atlantic (PADD1C) 2.446 2.414 2.440 values are up 0.026 values are up 0.225
Midwest (PADD2) 2.390 2.405 2.428 values are up 0.023 values are up 0.161
Gulf Coast (PADD3) 2.276 2.250 2.278 values are up 0.028 values are up 0.184
Rocky Mountain (PADD4) 2.486 2.454 2.437 values are down -0.017 values are up 0.150
West Coast (PADD5) 3.130 3.136 3.141 values are up 0.005 values are up 0.309
  West Coast less California 2.752 2.751 2.770 values are up 0.019 values are up 0.228

E.I.A. Diesel Price Survey

02/19/18 02/26/18 03/05/18 week ago year ago
U.S. 3.027 3.007 2.992 values are down -0.015 values are up 0.413
East Coast (PADD1) 3.082 3.057 3.046 values are down -0.011 values are up 0.413
  New England (PADD1A) 3.129 3.127 3.126 values are down -0.001 values are up 0.480
  Central Atlantic (PADD1B) 3.274 3.255 3.240 values are down -0.015 values are up 0.460
  Lower Atlantic (PADD1C) 2.939 2.906 2.894 values are down -0.012 values are up 0.369
Midwest (PADD2) 2.970 2.947 2.920 values are down -0.027 values are up 0.418
Gulf Coast (PADD3) 2.818 2.797 2.793 values are down -0.004 values are up 0.364
Rocky Mountain (PADD4) 2.953 2.936 2.910 values are down -0.026 values are up 0.285
West Coast (PADD5) 3.399 3.397 3.392 values are down -0.005 values are up 0.515
  West Coast less California 3.072 3.064 3.064 no change 0.000 values are up 0.285
  California 3.658 3.660 3.652 values are down -0.008 values are up 0.696


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