Daily Archives: June 11, 2018

Gas Price Report For June 11, 2018

Gas price trend for week of June 11, 2018

Fort Lauderdale, FL – Gas prices continued giving ground during the past week, according to the weekly fuel price survey from the U.S. Energy Information Administration. The E.I.A. survey shows the average cost of a gallon of gas dropped about three cents to about $2.91, further retreating from the $3.00 threshold, at least for many drivers.

Prices slipped downward in all regions, though the size of this week’s price decline varied widely from one area to the next. Drivers along the East Coast and across the Lower Atlantic States dropped by as much as a nickel per gallon, while prices for drivers along the West Coast and Rocky Mountains only fell by about a penny, or less.

Truckers got a fuel price break in all regions this week, anywhere from a penny to two cents per gallon. The E.I.A. reports the average cost of diesel dropped by about two cents, nationally, to settle near $3.27 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

05/28/18 06/04/18 06/11/18 week ago year ago
U.S. 2.962 2.940 2.911 values are down -0.029 values are up 0.545
East Coast (PADD1) 2.910 2.879 2.840 values are down -0.039 values are up 0.530
  New England (PADD1A) 2.980 2.973 2.926 values are down -0.047 values are up 0.577
  Central Atlantic (PADD1B) 3.027 3.000 2.980 values are down -0.020 values are up 0.549
  Lower Atlantic (PADD1C) 2.818 2.778 2.729 values are down -0.049 values are up 0.522
Midwest (PADD2) 2.881 2.847 2.817 values are down -0.030 values are up 0.569
Gulf Coast (PADD3) 2.721 2.725 2.696 values are down -0.029 values are up 0.555
Rocky Mountain (PADD4) 2.991 2.995 2.990 values are down -0.005 values are up 0.568
West Coast (PADD5) 3.463 3.460 3.452 values are down -0.008 values are up 0.560
  West Coast less California 3.248 3.250 3.246 values are down -0.004 values are up 0.604

E.I.A. Diesel Price Survey

05/28/18 06/04/18 06/11/18 week ago year ago
U.S. 3.288 3.285 3.266 values are down -0.019 values are up 0.742
East Coast (PADD1) 3.287 3.282 3.264 values are down -0.018 values are up 0.695
  New England (PADD1A) 3.307 3.302 3.292 values are down -0.010 values are up 0.678
  Central Atlantic (PADD1B) 3.443 3.442 3.420 values are down -0.022 values are up 0.709
  Lower Atlantic (PADD1C) 3.174 3.166 3.148 values are down -0.018 values are up 0.689
Midwest (PADD2) 3.230 3.224 3.199 values are down -0.025 values are up 0.745
Gulf Coast (PADD3) 3.054 3.055 3.037 values are down -0.018 values are up 0.669
Rocky Mountain (PADD4) 3.353 3.359 3.344 values are down -0.015 values are up 0.700
West Coast (PADD5) 3.784 3.784 3.769 values are down -0.015 values are up 0.964
  West Coast less California 3.514 3.508 3.489 values are down -0.019 values are up 0.808
  California 3.997 4.003 3.990 values are down -0.013 values are up 1.084

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