Gas Price Report For June 4, 2018

Gas price trend for week of June 4, 2018

Fort Lauderdale, FL – America’s official gas price retreated from the $3.00 threshold this week, even as prices had raced toward that critical level for weeks. According to the U.S. Energy Information Administration, the nation’s average gas price dropped just over two cents per gallon to $2.94. The figure was released in the weekly fuel price survey Monday evening.

Prices went did not go down in all regions, but many drivers along the East Coast and Midwest were given a solid break on prices at the pump this week, according to the E.I.A. survey. Prices along the Gulf Coast and in the Rocky Mountain states went up slightly, while prices in California helped keep West Coast averages down this week.

Truckers, on average, got a slight break this week, although the nature of that break comes in the dubious form of flat fuel prices. For the first time in weeks, the E.I.A. reports average diesel prices remained most flat, holding steady at about $3.29 per gallon.

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

E.I.A. Gas Price Survey

05/21/18 05/28/18 06/04/18 week ago year ago
U.S. 2.923 2.962 2.940 values are down -0.022 values are up 0.526
East Coast (PADD1) 2.860 2.910 2.879 values are down -0.031 values are up 0.533
  New England (PADD1A) 2.945 2.980 2.973 values are down -0.007 values are up 0.573
  Central Atlantic (PADD1B) 2.997 3.027 3.000 values are down -0.027 values are up 0.545
  Lower Atlantic (PADD1C) 2.751 2.818 2.778 values are down -0.040 values are up 0.529
Midwest (PADD2) 2.851 2.881 2.847 values are down -0.034 values are up 0.525
Gulf Coast (PADD3) 2.676 2.721 2.725 values are up 0.004 values are up 0.554
Rocky Mountain (PADD4) 2.968 2.991 2.995 values are up 0.004 values are up 0.564
West Coast (PADD5) 3.435 3.463 3.460 values are down -0.003 values are up 0.518
  West Coast less California 3.208 3.248 3.250 values are up 0.002 values are up 0.588

E.I.A. Diesel Price Survey

05/21/18 05/28/18 06/04/18 week ago year ago
U.S. 3.277 3.288 3.285 values are down -0.003 values are up 0.721
East Coast (PADD1) 3.271 3.287 3.282 values are down -0.005 values are up 0.683
  New England (PADD1A) 3.282 3.307 3.302 values are down -0.005 values are up 0.678
  Central Atlantic (PADD1B) 3.420 3.443 3.442 values are down -0.001 values are up 0.698
  Lower Atlantic (PADD1C) 3.163 3.174 3.166 values are down -0.008 values are up 0.676
Midwest (PADD2) 3.218 3.230 3.224 values are down -0.006 values are up 0.719
Gulf Coast (PADD3) 3.055 3.054 3.055 values are up 0.001 values are up 0.638
Rocky Mountain (PADD4) 3.348 3.353 3.359 values are up 0.006 values are up 0.695
West Coast (PADD5) 3.765 3.784 3.784 no change 0.000 values are up 0.948
  West Coast less California 3.503 3.514 3.508 values are down -0.006 values are up 0.784
  California 3.973 3.997 4.003 values are up 0.006 values are up 1.076

*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.