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/

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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.