Monthly Archives: April 2018

Gas Price Report For April 30, 2018

Gas price trend for week of April 30, 2018

Fort Lauderdale, FL – Gas prices continued lurching higher during the past week, according to the latest gas price survey from the U.S. Energy Information Administration. Retail fuel prices jumped another nickel per gallon during the week, settling near $2.85 for regular unleaded.

Most regions’ fuel prices remain under the $3.00 per gallon level, but many are watching average prices ebb closer to that mark, including the Central Atlantic, where average gas prices are now $2.91. For drivers on the West Coast, particularly California, prices at the $3.00 level are only a memory, having been above that threshold for weeks. Average prices in California this week are $3.43 per gallon, while prices are about $3.13 per gallon for the broader West Coast.

Truckers were also socked with another diesel price increase this week, though not as dramatic as regular gas. The E.I.A. price survey shows the average cost of diesel went up nearly two-and-a-half cents per gallon, bringing the average cost to near $3.16.

Gas prices increased in four of the five surveys released during April, and each of those increases was near or above five cents per gallon. The only declining week showed a meek dip in prices, when the April 9 survey showed a price drop of less than a penny per gallon.

In all, April ended with prices twenty cents higher than the end of March, according to the E.I.A. reports.

This week’s average fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

04/16/18 04/23/18 04/30/18 week ago year ago
U.S. 2.747 2.798 2.846 values are up 0.048 values are up 0.435
East Coast (PADD1) 2.688 2.751 2.789 values are up 0.038 values are up 0.402
  New England (PADD1A) 2.691 2.759 2.812 values are up 0.053 values are up 0.409
  Central Atlantic (PADD1B) 2.795 2.862 2.910 values are up 0.048 values are up 0.414
  Lower Atlantic (PADD1C) 2.606 2.665 2.692 values are up 0.027 values are up 0.392
Midwest (PADD2) 2.602 2.657 2.724 values are up 0.067 values are up 0.434
Gulf Coast (PADD3) 2.496 2.546 2.589 values are up 0.043 values are up 0.393
Rocky Mountain (PADD4) 2.734 2.772 2.803 values are up 0.031 values are up 0.399
West Coast (PADD5) 3.367 3.391 3.432 values are up 0.041 values are up 0.553
  West Coast less California 3.047 3.088 3.128 values are up 0.040 values are up 0.460

E.I.A. Diesel Price Survey

04/16/18 04/23/18 04/30/18 week ago year ago
U.S. 3.104 3.133 3.157 values are up 0.024 values are up 0.574
East Coast (PADD1) 3.116 3.142 3.162 values are up 0.020 values are up 0.538
  New England (PADD1A) 3.149 3.171 3.203 values are up 0.032 values are up 0.550
  Central Atlantic (PADD1B) 3.275 3.295 3.321 values are up 0.026 values are up 0.548
  Lower Atlantic (PADD1C) 2.998 3.028 3.042 values are up 0.014 values are up 0.529
Midwest (PADD2) 3.016 3.047 3.083 values are up 0.036 values are up 0.567
Gulf Coast (PADD3) 2.910 2.936 2.946 values are up 0.010 values are up 0.511
Rocky Mountain (PADD4) 3.137 3.181 3.215 values are up 0.034 values are up 0.549
West Coast (PADD5) 3.583 3.616 3.640 values are up 0.024 values are up 0.776
  West Coast less California 3.326 3.366 3.394 values are up 0.028 values are up 0.619
  California 3.787 3.815 3.834 values are up 0.019 values are up 0.897

*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 April 23, 2018

Gas price report for April 23, 2018

Fort Lauderdale, FL – Prices at the gas pump continue surging, according to the latest weekly price survey from the U.S. Energy Information Administration. The E.I.A. report shows the average cost of the nation’s gas jumped another nickel per gallon this week to settle just under $2.80.

Prices pushed significantly higher across the nearly all regions, with costs across the Central Atlantic and New England states jumping nearly seven cents per gallon. For drivers in the Central Atlantic, prices were closing in on $2.90, the only region where prices are so high without going over the crucial $3.00-per-gallon bright line. On the West Coast, that line was crossed earlier this month, and prices this week jumped another four cents to hit nearly $3.09. For drivers in California, prices remain the highest in the nation, averaging $3.57 statewide.

Truckers were hit with another dramatic price increase this week, as well, according to the E.I.A. survey. The nation’s average cost of diesel jumped about three cents per gallon to $3.13 per gallon, a figure that is about 54¢ per gallon higher than last year at this time, according to the E.I.A. That translates into about a 21-percent increase in fuel costs for truckers, on average, year over year.

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

E.I.A. Gas Price Survey

04/09/18 04/16/18 04/23/18 week ago year ago
U.S. 2.694 2.747 2.798 values are up 0.051 values are up 0.349
East Coast (PADD1) 2.638 2.688 2.751 values are up 0.063 values are up 0.335
  New England (PADD1A) 2.642 2.691 2.759 values are up 0.068 values are up 0.355
  Central Atlantic (PADD1B) 2.744 2.795 2.862 values are up 0.067 values are up 0.343
  Lower Atlantic (PADD1C) 2.558 2.606 2.665 values are up 0.059 values are up 0.322
Midwest (PADD2) 2.550 2.602 2.657 values are up 0.055 values are up 0.299
Gulf Coast (PADD3) 2.423 2.496 2.546 values are up 0.050 values are up 0.321
Rocky Mountain (PADD4) 2.639 2.734 2.772 values are up 0.038 values are up 0.359
West Coast (PADD5) 3.330 3.367 3.391 values are up 0.024 values are up 0.500
  West Coast less California 2.998 3.047 3.088 values are up 0.041 values are up 0.414

E.I.A. Diesel Price Survey

04/09/18 04/16/18 04/23/18 week ago year ago
U.S. 3.043 3.104 3.133 values are up 0.029 values are up 0.538
East Coast (PADD1) 3.066 3.116 3.142 values are up 0.026 values are up 0.510
  New England (PADD1A) 3.116 3.149 3.171 values are up 0.022 values are up 0.521
  Central Atlantic (PADD1B) 3.232 3.275 3.295 values are up 0.020 values are up 0.510
  Lower Atlantic (PADD1C) 2.939 2.998 3.028 values are up 0.030 values are up 0.508
Midwest (PADD2) 2.957 3.016 3.047 values are up 0.031 values are up 0.517
Gulf Coast (PADD3) 2.844 2.910 2.936 values are up 0.026 values are up 0.478
Rocky Mountain (PADD4) 3.086 3.137 3.181 values are up 0.044 values are up 0.519
West Coast (PADD5) 3.500 3.583 3.616 values are up 0.033 values are up 0.741
  West Coast less California 3.226 3.326 3.366 values are up 0.040 values are up 0.580
  California 3.717 3.787 3.815 values are up 0.028 values are up 0.868

*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 April 16, 2018

Gas price trend for week of April 16, 2018

Fort Lauderdale, FL – Drivers are once again feeling a strong pinch at the gas pump, as this week’s gas price survey from the U.S. Energy Information Administration details. The weekly report shows the average cost of a gallon of gas jumped over a nickel per gallon on the week to settle over $2.74. In all, gas prices have gone up nearly 18¢ since per gallon, on average, since the start of March. That figure is calculated from E.I.A. surveys dating to March 5.

Prices lurched significantly higher across the Rocky Mountain states, where average prices jumped by nearly ten cents per gallon. Along the Gulf Coast, where costs are traditionally the lowest, gas prices surged well over seven cents per gallon to settle a fraction under $2.50. Prices were up in all regions.

Truckers were also hit with a spike in diesel prices this week, the E.I.A. reported. The weekly price survey shows average diesel costs hit $3.10 per gallon, after rising over six cents this week. As with regular gas, diesel prices were up in all regions.

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

E.I.A. Gas Price Survey

04/02/18 04/09/18 04/16/18 week ago year ago
U.S. 2.700 2.694 2.747 values are up 0.053 values are up 0.311
East Coast (PADD1) 2.647 2.638 2.688 values are up 0.050 values are up 0.291
  New England (PADD1A) 2.638 2.642 2.691 values are up 0.049 values are up 0.318
  Central Atlantic (PADD1B) 2.744 2.744 2.795 values are up 0.051 values are up 0.287
  Lower Atlantic (PADD1C) 2.577 2.558 2.606 values are up 0.048 values are up 0.286
Midwest (PADD2) 2.565 2.550 2.602 values are up 0.052 values are up 0.263
Gulf Coast (PADD3) 2.428 2.423 2.496 values are up 0.073 values are up 0.255
Rocky Mountain (PADD4) 2.599 2.639 2.734 values are up 0.095 values are up 0.358
West Coast (PADD5) 3.327 3.330 3.367 values are up 0.037 values are up 0.484
  West Coast less California 2.958 2.998 3.047 values are up 0.049 values are up 0.395

E.I.A. Diesel Price Survey

04/02/18 04/09/18 04/16/18 week ago year ago
U.S. 3.042 3.043 3.104 values are up 0.061 values are up 0.507
East Coast (PADD1) 3.066 3.066 3.116 values are up 0.050 values are up 0.485
  New England (PADD1A) 3.117 3.116 3.149 values are up 0.033 values are up 0.511
  Central Atlantic (PADD1B) 3.233 3.232 3.275 values are up 0.043 values are up 0.492
  Lower Atlantic (PADD1C) 2.938 2.939 2.998 values are up 0.059 values are up 0.476
Midwest (PADD2) 2.962 2.957 3.016 values are up 0.059 values are up 0.480
Gulf Coast (PADD3) 2.851 2.844 2.910 values are up 0.066 values are up 0.452
Rocky Mountain (PADD4) 3.044 3.086 3.137 values are up 0.051 values are up 0.485
West Coast (PADD5) 3.487 3.500 3.583 values are up 0.083 values are up 0.706
  West Coast less California 3.202 3.226 3.326 values are up 0.100 values are up 0.535
  California 3.714 3.717 3.787 values are up 0.070 values are up 0.841

*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 April 9, 2018

Gas Price trend for week of April 9, 2018

Fort Lauderdale, FL – After weeks of unrelenting price increases, the cost of gas leveled off for most drivers, according to this week’s fuel price survey from the U.S. Energy Information Administration. The weekly E.I.A. report shows the average cost of a gallon of regular unleaded dropped fractionally, about six-tenths of a penny, but enough of a decline to push this week’s price average to $2.69.

Prices were down by as much as two cents across the Midwest and in the Lower Atlantic states. And while most of the East Coast enjoyed about a penny drop in prices, a sharp rise in fuel costs across the Rockies and the broad West Coast region held the U.S. average back from a bigger weekly decline, according to the E.I.A. report.

For truckers, the average cost of diesel ticked up about a tenth of a penny, but the national average price remained at $3.04 per gallon.

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

E.I.A. Gas Price Survey

03/26/18 04/02/18 04/09/18 week ago year ago
U.S. 2.648 2.700 2.694 values are down -0.006 values are up 0.270
East Coast (PADD1) 2.592 2.647 2.638 values are down -0.009 values are up 0.264
  New England (PADD1A) 2.587 2.638 2.642 values are up 0.004 values are up 0.316
  Central Atlantic (PADD1B) 2.698 2.744 2.744 no change 0.000 values are up 0.277
  Lower Atlantic (PADD1C) 2.514 2.577 2.558 values are down -0.019 values are up 0.240
Midwest (PADD2) 2.515 2.565 2.550 values are down -0.015 values are up 0.189
Gulf Coast (PADD3) 2.381 2.428 2.423 values are down -0.005 values are up 0.231
Rocky Mountain (PADD4) 2.528 2.599 2.639 values are up 0.040 values are up 0.306
West Coast (PADD5) 3.274 3.327 3.330 values are up 0.003 values are up 0.457
  West Coast less California 2.906 2.958 2.998 values are up 0.040 values are up 0.359

E.I.A. Diesel Price Survey

03/26/18 04/02/18 04/09/18 week ago year ago
U.S. 3.010 3.042 3.043 values are up 0.001 values are up 0.461
East Coast (PADD1) 3.038 3.066 3.066 no change 0.000 values are up 0.446
  New England (PADD1A) 3.115 3.117 3.116 values are down -0.001 values are up 0.477
  Central Atlantic (PADD1B) 3.217 3.233 3.232 values are down -0.001 values are up 0.471
  Lower Atlantic (PADD1C) 2.898 2.938 2.939 values are up 0.001 values are up 0.423
Midwest (PADD2) 2.934 2.962 2.957 values are down -0.005 values are up 0.442
Gulf Coast (PADD3) 2.823 2.851 2.844 values are down -0.007 values are up 0.398
Rocky Mountain (PADD4) 2.991 3.044 3.086 values are up 0.042 values are up 0.446
West Coast (PADD5) 3.438 3.487 3.500 values are up 0.013 values are up 0.638
  West Coast less California 3.147 3.202 3.226 values are up 0.024 values are up 0.454
  California 3.669 3.714 3.717 values are up 0.003 values are up 0.782

*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 April 2, 2018

Gas price trend for week of April 2, 2018

Fort Lauderdale, FL – Gas prices increased over five cents during the past week, according to the latest gas price report from the U.S. Energy Information Administration. The weekly E.I.A. price survey shows the average cost of a gallon of regular unleaded is now $2.70.

No region was spared the nickel price increase this week, in practical terms, at least. The highest price increases were seen across the Rocky Mountains and the Lower Atlantic states, where prices went up by seven cents and six cents, respectively. All other regions were hit with the nickel price increase, although, technically, the Gulf and Central Atlantic states’ price increases were shy of a full five cents, according to the weekly report, which measures prices to the tenth of a penny.

The news was only slightly better for truckers, which is to say, nearly as bad. Prices jumped over three cents per gallon, on average, for diesel, to hit over $3.04, 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

03/19/18 03/26/18 04/02/18 week ago year ago
U.S. 2.598 2.648 2.700 values are up 0.052 values are up 0.340
East Coast (PADD1) 2.536 2.592 2.647 values are up 0.055 values are up 0.344
  New England (PADD1A) 2.556 2.587 2.638 values are up 0.051 values are up 0.348
  Central Atlantic (PADD1B) 2.628 2.698 2.744 values are up 0.046 values are up 0.344
  Lower Atlantic (PADD1C) 2.462 2.514 2.577 values are up 0.063 values are up 0.342
Midwest (PADD2) 2.495 2.515 2.565 values are up 0.050 values are up 0.286
Gulf Coast (PADD3) 2.304 2.381 2.428 values are up 0.047 values are up 0.304
Rocky Mountain (PADD4) 2.443 2.528 2.599 values are up 0.071 values are up 0.302
West Coast (PADD5) 3.215 3.274 3.327 values are up 0.053 values are up 0.474
  West Coast less California 2.842 2.906 2.958 values are up 0.052 values are up 0.344

E.I.A. Diesel Price Survey

03/19/18 03/26/18 04/02/18 week ago year ago
U.S. 2.972 3.010 3.042 values are up 0.032 values are up 0.486
East Coast (PADD1) 3.009 3.038 3.066 values are up 0.028 values are up 0.461
  New England (PADD1A) 3.101 3.115 3.117 values are up 0.002 values are up 0.487
  Central Atlantic (PADD1B) 3.200 3.217 3.233 values are up 0.016 values are up 0.494
  Lower Atlantic (PADD1C) 2.858 2.898 2.938 values are up 0.040 values are up 0.433
Midwest (PADD2) 2.898 2.934 2.962 values are up 0.028 values are up 0.481
Gulf Coast (PADD3) 2.786 2.823 2.851 values are up 0.028 values are up 0.437
Rocky Mountain (PADD4) 2.925 2.991 3.044 values are up 0.053 values are up 0.421
West Coast (PADD5) 3.384 3.438 3.487 values are up 0.049 values are up 0.648
  West Coast less California 3.060 3.147 3.202 values are up 0.055 values are up 0.467
  California 3.641 3.669 3.714 values are up 0.045 values are up 0.791

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