Gas Price Report For July 23, 2018

Gas price trend for July 23, 2018

Fort Lauderdale, FL – Gas prices took a turn lower during the past week, according to the latest weekly price survey from the U.S. Energy Information Administration. The E.I.A. report shows the nation’s average gas price fell to $2.83 per gallon, a drop of over three cents per gallon from the previous week. Prices fell across all regions, and ranged widely, from an average drop of about a penny per gallon across New England, to a healthy six cent price decline, on average, across the Midwest. Most regions had price drops between two and three cents per gallon. The cost of diesel fuel went down for truckers in all regions this week, according to the E.I.A. The national average price of diesel fell by about two cents to $3.22 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

07/09/18 07/16/18 07/23/18 week ago year ago
U.S. 2.857 2.865 2.831 values are down -0.034 values are up 0.519
East Coast (PADD1) 2.781 2.801 2.776 values are down -0.025 values are up 0.512
  New England (PADD1A) 2.889 2.888 2.875 values are down -0.013 values are up 0.559
  Central Atlantic (PADD1B) 2.928 2.932 2.907 values are down -0.025 values are up 0.516
  Lower Atlantic (PADD1C) 2.660 2.697 2.668 values are down -0.029 values are up 0.514
Midwest (PADD2) 2.781 2.796 2.739 values are down -0.057 values are up 0.526
Gulf Coast (PADD3) 2.619 2.602 2.573 values are down -0.029 values are up 0.505
Rocky Mountain (PADD4) 2.966 2.955 2.934 values are down -0.021 values are up 0.593
West Coast (PADD5) 3.394 3.378 3.358 values are down -0.020 values are up 0.551
  West Coast less California 3.201 3.185 3.165 values are down -0.020 values are up 0.589

E.I.A. Diesel Price Survey

07/09/18 07/16/18 07/23/18 week ago year ago
U.S. 3.243 3.239 3.220 values are down -0.019 values are up 0.713
East Coast (PADD1) 3.238 3.236 3.217 values are down -0.019 values are up 0.671
  New England (PADD1A) 3.279 3.283 3.269 values are down -0.014 values are up 0.695
  Central Atlantic (PADD1B) 3.405 3.405 3.389 values are down -0.016 values are up 0.704
  Lower Atlantic (PADD1C) 3.112 3.108 3.087 values are down -0.021 values are up 0.646
Midwest (PADD2) 3.176 3.171 3.142 values are down -0.029 values are up 0.690
Gulf Coast (PADD3) 3.004 3.004 2.993 values are down -0.011 values are up 0.651
Rocky Mountain (PADD4) 3.370 3.370 3.369 values are down -0.001 values are up 0.771
West Coast (PADD5) 3.749 3.741 3.718 values are down -0.023 values are up 0.930
  West Coast less California 3.471 3.456 3.436 values are down -0.020 values are up 0.758
  California 3.970 3.968 3.943 values are down -0.025 values are up 1.066

*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.