Gas Price Report For June 18, 2018

Gas price trend for week of June 18, 2018

Fort Lauderdale, FL – Gas prices continued driving downward during the past week, according to the weekly fuel price survey released by the U.S. Energy Information Administration. The report shows the average cost of a gallon of unleaded dropped by over three cents per gallon to $2.88, the first time in five weeks the nation’s average fuel price has been under $2.90, providing relief for the summer driving season. Prices went down in all regions, though, once again, the price declines were scarcely even from region to region. Drives along the East Coast and the Lower Atlantic states enjoyed price cuts of as much as a nickel per gallon. Those drivers on the West Coast, hit with the nation’s highest fuel prices, scarcely noticed their minuscule dip of less than a penny. Truckers got a solid price break in all regions this week, save for the wan price dip in the Rocky Mountain states. The E.I.A. weekly report shows the nation’s average cost of diesel dropped by over two cents to about $3.24 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

06/04/18 06/11/18 06/18/18 week ago year ago
U.S. 2.940 2.911 2.879 values are down -0.032 values are up 0.561
East Coast (PADD1) 2.879 2.840 2.799 values are down -0.041 values are up 0.532
  New England (PADD1A) 2.973 2.926 2.900 values are down -0.026 values are up 0.584
  Central Atlantic (PADD1B) 3.000 2.980 2.938 values are down -0.042 values are up 0.542
  Lower Atlantic (PADD1C) 2.778 2.729 2.684 values are down -0.045 values are up 0.528
Midwest (PADD2) 2.847 2.817 2.791 values are down -0.026 values are up 0.610
Gulf Coast (PADD3) 2.725 2.696 2.654 values are down -0.042 values are up 0.563
Rocky Mountain (PADD4) 2.995 2.990 2.977 values are down -0.013 values are up 0.563
West Coast (PADD5) 3.460 3.452 3.434 values are down -0.018 values are up 0.574
  West Coast less California 3.250 3.246 3.238 values are down -0.008 values are up 0.612

E.I.A. Diesel Price Survey

06/04/18 06/11/18 06/18/18 week ago year ago
U.S. 3.285 3.266 3.244 values are down -0.022 values are up 0.755
East Coast (PADD1) 3.282 3.264 3.240 values are down -0.024 values are up 0.701
  New England (PADD1A) 3.302 3.292 3.290 values are down -0.002 values are up 0.700
  Central Atlantic (PADD1B) 3.442 3.420 3.397 values are down -0.023 values are up 0.714
  Lower Atlantic (PADD1C) 3.166 3.148 3.121 values are down -0.027 values are up 0.694
Midwest (PADD2) 3.224 3.199 3.173 values are down -0.026 values are up 0.762
Gulf Coast (PADD3) 3.055 3.037 3.016 values are down -0.021 values are up 0.687
Rocky Mountain (PADD4) 3.359 3.344 3.339 values are down -0.005 values are up 0.714
West Coast (PADD5) 3.784 3.769 3.753 values are down -0.016 values are up 0.971
  West Coast less California 3.508 3.489 3.473 values are down -0.016 values are up 0.818
  California 4.003 3.990 3.976 values are down -0.014 values are up 1.092

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