Gas Price Report For July 2, 2018

Gas price trend for week of July 2, 2018

Fort Lauderdale, FL – The nation’s gas prices did an about-face during the past week, turning higher after several weeks of steady declines, according to the U.S. Energy Information Administration. The weekly E.I.A. fuel price survey shows the nation’s average cost for a gallon of regular unleaded ticked upward by about a penny to $2.84. Prices went up in nearly all regions, in some cases by a significant measure. Drivers in the Midwest saw their average visit to the pump cost more than four extra pennies per gallon this week. Curiously, prices declined in the two regions that typically define the nation’s highest and lowest gas prices: the West Coast and the Gulf Coast, respectively. Diesel fuel prices went up at nearly twice the pace of regular gasoline, and prices went up in all regions, according to the E.I.A. The average cost of a gallon of diesel increased two cents to nearly $3.24. This week’s average fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

06/18/18 06/25/18 07/02/18 week ago year ago
U.S. 2.879 2.833 2.844 values are up 0.011 values are up 0.584
East Coast (PADD1) 2.799 2.761 2.769 values are up 0.008 values are up 0.566
  New England (PADD1A) 2.900 2.875 2.882 values are up 0.007 values are up 0.592
  Central Atlantic (PADD1B) 2.938 2.904 2.909 values are up 0.005 values are up 0.564
  Lower Atlantic (PADD1C) 2.684 2.640 2.652 values are up 0.012 values are up 0.582
Midwest (PADD2) 2.791 2.718 2.762 values are up 0.044 values are up 0.623
Gulf Coast (PADD3) 2.654 2.615 2.604 values are down -0.011 values are up 0.598
Rocky Mountain (PADD4) 2.977 2.960 2.968 values are up 0.008 values are up 0.622
West Coast (PADD5) 3.434 3.409 3.393 values are down -0.016 values are up 0.577
  West Coast less California 3.238 3.219 3.206 values are down -0.013 values are up 0.613

E.I.A. Diesel Price Survey

06/18/18 06/25/18 07/02/18 week ago year ago
U.S. 3.244 3.216 3.236 values are up 0.020 values are up 0.764
East Coast (PADD1) 3.240 3.215 3.226 values are up 0.011 values are up 0.704
  New England (PADD1A) 3.290 3.281 3.282 values are up 0.001 values are up 0.704
  Central Atlantic (PADD1B) 3.397 3.380 3.390 values are up 0.010 values are up 0.719
  Lower Atlantic (PADD1C) 3.121 3.086 3.102 values are up 0.016 values are up 0.695
Midwest (PADD2) 3.173 3.143 3.171 values are up 0.028 values are up 0.768
Gulf Coast (PADD3) 3.016 2.978 3.002 values are up 0.024 values are up 0.695
Rocky Mountain (PADD4) 3.339 3.321 3.358 values are up 0.037 values are up 0.773
West Coast (PADD5) 3.753 3.735 3.746 values are up 0.011 values are up 0.987
  West Coast less California 3.473 3.453 3.475 values are up 0.022 values are up 0.847
  California 3.976 3.959 3.960 values are up 0.001 values are up 1.094

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

Author: Danny Pryor

Danny has more than 30 years of experience in media, including broadcasting and print journalism, and nearly two decades of website and digital content development. He is an AP-award-winning reporter and the creator of TurnpikeInfo.com.