Gas Price Report For July 16, 2018

Gas price trend for week of July 16, 2018

Fort Lauderdale, FL – The cost of gassing up kept going up during the past week, according to the U.S. Energy Information Administration. The E.I.A.’s weekly fuel price survey shows the cost of a gallon of regular unleaded gas notched upward about a penny per gallon to near $2.87. Prices were mixed from region to region, with the cost of gas remaining fairly static in the New England states. Drivers across the Rocky Mountains and West Coast enjoyed a mild dip in prices. But costs drove upward a dramatic four cents per gallon across the Lower Atlantic, where summer tourism is peaking across Florida, which is in the Lower Atlantic survey region. The cost of diesel fuel went down slightly for many truckers, according to the E.I.A. Nationally, the price remained at $3.24 per gallon, with only a four-tenths of a penny decline in prices. Prices slipped downward at a faster pace across the Rocky Mountains and the West Coast. This week’s average fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

07/02/18 07/09/18 07/16/18 week ago year ago
U.S. 2.844 2.857 2.865 values are up 0.008 values are up 0.587
East Coast (PADD1) 2.769 2.781 2.801 values are up 0.020 values are up 0.587
  New England (PADD1A) 2.882 2.889 2.888 values are down -0.001 values are up 0.617
  Central Atlantic (PADD1B) 2.909 2.928 2.932 values are up 0.004 values are up 0.581
  Lower Atlantic (PADD1C) 2.652 2.660 2.697 values are up 0.037 values are up 0.602
Midwest (PADD2) 2.762 2.781 2.796 values are up 0.015 values are up 0.615
Gulf Coast (PADD3) 2.604 2.619 2.602 values are down -0.017 values are up 0.574
Rocky Mountain (PADD4) 2.968 2.966 2.955 values are down -0.011 values are up 0.626
West Coast (PADD5) 3.393 3.394 3.378 values are down -0.016 values are up 0.571
  West Coast less California 3.206 3.201 3.185 values are down -0.016 values are up 0.597

E.I.A. Diesel Price Survey

07/02/18 07/09/18 07/16/18 week ago year ago
U.S. 3.236 3.243 3.239 values are down -0.004 values are up 0.748
East Coast (PADD1) 3.226 3.238 3.236 values are down -0.002 values are up 0.704
  New England (PADD1A) 3.282 3.279 3.283 values are up 0.004 values are up 0.710
  Central Atlantic (PADD1B) 3.390 3.405 3.405 no change 0.000 values are up 0.727
  Lower Atlantic (PADD1C) 3.102 3.112 3.108 values are down -0.004 values are up 0.688
Midwest (PADD2) 3.171 3.176 3.171 values are down -0.005 values are up 0.733
Gulf Coast (PADD3) 3.002 3.004 3.004 no change 0.000 values are up 0.680
Rocky Mountain (PADD4) 3.358 3.370 3.370 no change 0.000 values are up 0.783
West Coast (PADD5) 3.746 3.749 3.741 values are down -0.008 values are up 0.970
  West Coast less California 3.475 3.471 3.456 values are down -0.015 values are up 0.800
  California 3.960 3.970 3.968 values are down -0.002 values are up 1.103

*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.