Gas Price Report For August 27, 2018

Gas price trend for week of August 27, 2018

Fort Lauderdale, FL – Gas prices ticked up during the past week, according to the U.S. Energy Information Administration, in large part due to sharp rises in costs across the Rocky Mountain states and east into the Midwest. As a result, the nation’s average gas price ticked up by about a half penny per gallon to settle near $2.83 per gallon this week.

The E.I.A. fuel price survey, generally released every Monday, shows a three-cent price increase across the Rockies and the Midwest survey regions. Those increases dragged the U.S. average gas price higher, despite one and two-cent price declines across the entire East Coast and Lower Atlantic regions.  

The cost of diesel moved upward by about two cents per gallon, according to the E.I.A. That jump pushed the average price of diesel to about 3.23 per gallon this week.

This week’s average fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

08/13/18 08/20/18 08/27/18 week ago year ago
U.S. 2.843 2.821 2.827 values are up 0.006 values are up 0.428
East Coast (PADD1) 2.803 2.777 2.764 values are down -0.013 values are up 0.427
  New England (PADD1A) 2.882 2.863 2.851 values are down -0.012 values are up 0.463
  Central Atlantic (PADD1B) 2.927 2.910 2.903 values are down -0.007 values are up 0.468
  Lower Atlantic (PADD1C) 2.703 2.670 2.653 values are down -0.017 values are up 0.404
Midwest (PADD2) 2.748 2.730 2.760 values are up 0.030 values are up 0.453
Gulf Coast (PADD3) 2.586 2.568 2.569 values are up 0.001 values are up 0.413
Rocky Mountain (PADD4) 2.944 2.963 2.994 values are up 0.031 values are up 0.526
West Coast (PADD5) 3.329 3.307 3.310 values are up 0.003 values are up 0.407
  West Coast less California 3.132 3.118 3.110 values are down -0.008 values are up 0.436

E.I.A. Diesel Price Survey

08/13/18 08/20/18 08/27/18 week ago year ago
U.S. 3.217 3.207 3.226 values are up 0.019 values are up 0.621
East Coast (PADD1) 3.219 3.207 3.219 values are up 0.012 values are up 0.596
  New England (PADD1A) 3.265 3.261 3.267 values are up 0.006 values are up 0.649
  Central Atlantic (PADD1B) 3.387 3.380 3.385 values are up 0.005 values are up 0.627
  Lower Atlantic (PADD1C) 3.091 3.076 3.094 values are up 0.018 values are up 0.566
Midwest (PADD2) 3.139 3.129 3.153 values are up 0.024 values are up 0.587
Gulf Coast (PADD3) 2.990 2.981 3.004 values are up 0.023 values are up 0.576
Rocky Mountain (PADD4) 3.358 3.349 3.364 values are up 0.015 values are up 0.647
West Coast (PADD5) 3.714 3.706 3.719 values are up 0.013 values are up 0.809
  West Coast less California 3.425 3.423 3.433 values are up 0.010 values are up 0.627
  California 3.942 3.929 3.945 values are up 0.016 values are up 0.950

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

This entry was posted in Gas Prices, General News on by .

About Danny Pryor

Danny Pryor is a media, content and web developer with a long history in broadcast and print journalism. He is also the executive director of Turnpike Information Company. Danny has earned two awards from the Associated Press for his work in media, including Best Individual Achievement for Large Market Radio in Miami. He resides in Fort Lauderdale, Florida.