Monthly Archives: October 2018

Gas Price Report For October 29, 2018

Gas price trend for week of October 29, 2018

Fort Lauderdale, FL – Gas prices took another tumble at the pump this week, according to the U.S. Energy Information Administration. The weekly E.I.A. fuel price survey shows the average price of one gallon of regular unleaded fell to about $2.81, nationwide, which is down three cents from the previous week’s survey.

Prices finally fell in all regions this week, unlike the previous two weeks’ declines. Even so, on the West Coast, the last region to get a price break amid the recent spate of declines, prices only dipped about two cents per gallon. Elsewhere, prices fell at a more substantial rate, particularly in the Lower Atlantic and Gulf Coast regions, where prices shed between five and six cents per gallon, on average, according to this week’s E.I.A. survey.

Truckers caught a good break, for a second week in a row, according to the E.I.A. Diesel prices fell well over two cents per gallon, nationwide, to settle at about $3.36.

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

E.I.A. Gas Price Survey

10/15/18 10/22/18 10/29/18 week ago year ago
U.S. 2.879 2.841 2.811 values are down -0.030 values are up 0.323
East Coast (PADD1) 2.809 2.777 2.733 values are down -0.044 values are up 0.285
  New England (PADD1A) 2.854 2.837 2.812 values are down -0.025 values are up 0.259
  Central Atlantic (PADD1B) 2.914 2.888 2.853 values are down -0.035 values are up 0.300
  Lower Atlantic (PADD1C) 2.730 2.690 2.636 values are down -0.054 values are up 0.299
Midwest (PADD2) 2.758 2.689 2.680 values are down -0.009 values are up 0.253
Gulf Coast (PADD3) 2.627 2.582 2.523 values are down -0.059 values are up 0.308
Rocky Mountain (PADD4) 2.982 2.963 2.958 values are down -0.005 values are up 0.443
West Coast (PADD5) 3.494 3.499 3.482 values are down -0.017 values are up 0.554
  West Coast less California 3.235 3.241 3.231 values are down -0.010 values are up 0.543

E.I.A. Diesel Price Survey

10/15/18 10/22/18 10/29/18 week ago year ago
U.S. 3.394 3.380 3.355 values are down -0.025 values are up 0.536
East Coast (PADD1) 3.382 3.369 3.346 values are down -0.023 values are up 0.535
  New England (PADD1A) 3.361 3.368 3.365 values are down -0.003 values are up 0.595
  Central Atlantic (PADD1B) 3.544 3.533 3.523 values are down -0.010 values are up 0.585
  Lower Atlantic (PADD1C) 3.272 3.254 3.217 values are down -0.037 values are up 0.488
Midwest (PADD2) 3.351 3.333 3.310 values are down -0.023 values are up 0.500
Gulf Coast (PADD3) 3.172 3.152 3.117 values are down -0.035 values are up 0.478
Rocky Mountain (PADD4) 3.400 3.408 3.405 values are down -0.003 values are up 0.462
West Coast (PADD5) 3.880 3.871 3.848 values are down -0.023 values are up 0.737
  West Coast less California 3.591 3.587 3.564 values are down -0.023 values are up 0.544
  California 4.109 4.096 4.074 values are down -0.022 values are up 0.889

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

Gas Price Report For October 22, 2018

Gas price trend for week of October 22, 2018

Fort Lauderdale, FL – For a second consecutive week, retail gas prices dropped for most U.S. drivers, according to the latest weekly fuel price survey from the U.S. Energy Information Administration, a branch of the Department of Energy. The E.I.A.’s weekly survey shows the cost of an average gallon of gas plunged nearly four cents this week. That brings the average U.S. price for a gallon of regular unleaded down to about $2.84.

Prices continued rising along the West Coast and in California, pushing each regional average up by about a penny. Elsewhere, prices were down for most drivers, often substantially, from the Rocky Mountain states to the Lower Atlantic. In the Midwest, home to frequent and dramatic price swings, the average gas cost fell a stiff seven cents per gallon, on average.

Truckers finally caught a break, themselves, this week, according to the E.I.A. survey. Diesel fuel prices fell about one and a half cents, on average, this week, the first time diesel prices have fallen for several weeks. The average cost of a gallon of diesel is about $3.38, according to the E.I.A.

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

E.I.A. Gas Price Survey

10/08/18 10/15/18 10/22/18 week ago year ago
U.S. 2.903 2.879 2.841 values are down -0.038 values are up 0.362
East Coast (PADD1) 2.828 2.809 2.777 values are down -0.032 values are up 0.330
  New England (PADD1A) 2.871 2.854 2.837 values are down -0.017 values are up 0.275
  Central Atlantic (PADD1B) 2.937 2.914 2.888 values are down -0.026 values are up 0.349
  Lower Atlantic (PADD1C) 2.745 2.730 2.690 values are down -0.040 values are up 0.346
Midwest (PADD2) 2.822 2.758 2.689 values are down -0.069 values are up 0.295
Gulf Coast (PADD3) 2.626 2.627 2.582 values are down -0.045 values are up 0.356
Rocky Mountain (PADD4) 2.999 2.982 2.963 values are down -0.019 values are up 0.434
West Coast (PADD5) 3.475 3.494 3.499 values are up 0.005 values are up 0.574
  West Coast less California 3.187 3.235 3.241 values are up 0.006 values are up 0.554

E.I.A. Diesel Price Survey

10/08/18 10/15/18 10/22/18 week ago year ago
U.S. 3.385 3.394 3.380 values are down -0.014 values are up 0.583
East Coast (PADD1) 3.360 3.382 3.369 values are down -0.013 values are up 0.572
  New England (PADD1A) 3.344 3.361 3.368 values are up 0.007 values are up 0.616
  Central Atlantic (PADD1B) 3.531 3.544 3.533 values are down -0.011 values are up 0.609
  Lower Atlantic (PADD1C) 3.243 3.272 3.254 values are down -0.018 values are up 0.539
Midwest (PADD2) 3.351 3.351 3.333 values are down -0.018 values are up 0.554
Gulf Coast (PADD3) 3.169 3.172 3.152 values are down -0.020 values are up 0.538
Rocky Mountain (PADD4) 3.390 3.400 3.408 values are up 0.008 values are up 0.491
West Coast (PADD5) 3.866 3.880 3.871 values are down -0.009 values are up 0.773
  West Coast less California 3.558 3.591 3.587 values are down -0.004 values are up 0.572
  California 4.111 4.109 4.096 values are down -0.013 values are up 0.930

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

Gas Price Report For October 15, 2018

Gas price trend for week of October 15, 2018

Fort Lauderdale, FL – Gas prices finally did an about-face this week, declining after six weeks of increases, according to the U.S. Energy Information Administration. Overall, the nation enjoyed a price dip of more than two cents per gallon, the E.I.A. reported this week, although one key region was still impacted by a significant price increase. Nonetheless, the nation’s average price for a gallon of regular unleaded fell to just under $2.88.

Prices spiked once more on the West Coast, sans California, as prices pushed nearly a nickel per gallon higher, the E.I.A. price survey showed this week. Elsewhere, prices ticked up slightly in the Rocky Mountain States, while the average driver in the Midwest watched prices fall by well over six cents per gallon, a leading factor this week in the decline of the U.S. average fuel price, according to the E.I.A. report.

For truckers, the news was not so good, but it was not nearly as bad as last week, according to the E.I.A. numbers. Overall, prices nudged up about a penny per gallon to settle just over  $3.39 per gallon, on average.

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

E.I.A. Gas Price Survey

10/01/18 10/08/18 10/15/18 week ago year ago
U.S. 2.866 2.903 2.879 values are down -0.024 values are up 0.390
East Coast (PADD1) 2.794 2.828 2.809 values are down -0.019 values are up 0.339
  New England (PADD1A) 2.857 2.871 2.854 values are down -0.017 values are up 0.274
  Central Atlantic (PADD1B) 2.905 2.937 2.914 values are down -0.023 values are up 0.353
  Lower Atlantic (PADD1C) 2.707 2.745 2.730 values are down -0.015 values are up 0.361
Midwest (PADD2) 2.790 2.822 2.758 values are down -0.064 values are up 0.383
Gulf Coast (PADD3) 2.593 2.626 2.627 values are up 0.001 values are up 0.365
Rocky Mountain (PADD4) 3.000 2.999 2.982 values are down -0.017 values are up 0.456
West Coast (PADD5) 3.412 3.475 3.494 values are up 0.019 values are up 0.556
  West Coast less California 3.149 3.187 3.235 values are up 0.048 values are up 0.536

E.I.A. Diesel Price Survey

10/01/18 10/08/18 10/15/18 week ago year ago
U.S. 3.313 3.385 3.394 values are up 0.009 values are up 0.607
East Coast (PADD1) 3.292 3.360 3.382 values are up 0.022 values are up 0.585
  New England (PADD1A) 3.305 3.344 3.361 values are up 0.017 values are up 0.614
  Central Atlantic (PADD1B) 3.447 3.531 3.544 values are up 0.013 values are up 0.618
  Lower Atlantic (PADD1C) 3.180 3.243 3.272 values are up 0.029 values are up 0.558
Midwest (PADD2) 3.278 3.351 3.351 no change 0.000 values are up 0.594
Gulf Coast (PADD3) 3.079 3.169 3.172 values are up 0.003 values are up 0.560
Rocky Mountain (PADD4) 3.367 3.390 3.400 values are up 0.010 values are up 0.514
West Coast (PADD5) 3.802 3.866 3.880 values are up 0.014 values are up 0.791
  West Coast less California 3.506 3.558 3.591 values are up 0.033 values are up 0.588
  California 4.038 4.111 4.109 values are down -0.002 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/E.I.A. Diesel Price Survey

Gas Price Report For October 8*, 2018

Gas price trend for week of October 8, 2018
*Columbus Day on October 8. Report released October 9, 2018.

Fort Lauderdale, FL – The cost of gas continued moving higher during the past week, according to the latest weekly fuel price survey from the U.S. Energy Information Administration. The E.I.A.’s regional price report shows the average cost of a gallon of regular unleaded is now over $2.90, after moving upward nearly four cents during the past week.

Prices continued to spike on the West Coast, settling over $3.47 per gallon for the average driver in that region, as prices jumped over six cents for the second consecutive week. Drivers in the Lower Atlantic states, facing the potential landfall of Hurricane Michael this week, watched as prices pushed up to nearly $2.75 per gallon. Only drivers in the Rocky Mountain states avoided a price surge, as prices remained flat across that region, according to the E.I.A.

The news was practically grim for truckers, who watched as prices jumped by over seven cents per gallon this week, according to the E.I.A., marking nearly 12 cents in increases in the past two weeks, alone. The national average diesel price is now nearly $3.39 per gallon, according to the weekly price report.

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

E.I.A. Gas Price Survey

09/24/18 10/01/18 10/08/18 week ago year ago
U.S. 2.844 2.866 2.903 values are up 0.037 values are up 0.399
East Coast (PADD1) 2.772 2.794 2.828 values are up 0.034 values are up 0.306
  New England (PADD1A) 2.856 2.857 2.871 values are up 0.014 values are up 0.264
  Central Atlantic (PADD1B) 2.906 2.905 2.937 values are up 0.032 values are up 0.336
  Lower Atlantic (PADD1C) 2.664 2.707 2.745 values are up 0.038 values are up 0.308
Midwest (PADD2) 2.789 2.790 2.822 values are up 0.032 values are up 0.489
Gulf Coast (PADD3) 2.559 2.593 2.626 values are up 0.033 values are up 0.310
Rocky Mountain (PADD4) 3.014 3.000 2.999 values are down -0.001 values are up 0.457
West Coast (PADD5) 3.350 3.412 3.475 values are up 0.063 values are up 0.528
  West Coast less California 3.131 3.149 3.187 values are up 0.038 values are up 0.474

E.I.A. Diesel Price Survey

09/24/18 10/01/18 10/08/18 week ago year ago
U.S. 3.271 3.313 3.385 values are up 0.072 values are up 0.609
East Coast (PADD1) 3.254 3.292 3.360 values are up 0.068 values are up 0.567
  New England (PADD1A) 3.270 3.305 3.344 values are up 0.039 values are up 0.593
  Central Atlantic (PADD1B) 3.416 3.447 3.531 values are up 0.084 values are up 0.612
  Lower Atlantic (PADD1C) 3.136 3.180 3.243 values are up 0.063 values are up 0.531
Midwest (PADD2) 3.218 3.278 3.351 values are up 0.073 values are up 0.613
Gulf Coast (PADD3) 3.052 3.079 3.169 values are up 0.090 values are up 0.570
Rocky Mountain (PADD4) 3.355 3.367 3.390 values are up 0.023 values are up 0.534
West Coast (PADD5) 3.759 3.802 3.866 values are up 0.064 values are up 0.778
  West Coast less California 3.473 3.506 3.558 values are up 0.052 values are up 0.565
  California 3.986 4.038 4.111 values are up 0.073 values are up 0.945

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

Gas Price Report For October 1, 2018

Gas price trend for week of October 1, 2018

Fort Lauderdale, FL – Gas prices stopped trickling higher during the past week, according to the U.S. Energy Information Administration, instead flowing freely upward more than two cents per gallon, with stronger surges in key regions. On average, U.S. drivers are paying about $2.87 this week for a gallon of regular unleaded, according to the E.I.A.’s weekly price survey.

Prices spiked on the West Coast, particularly in California, as prices drove more than six cents higher, regionally, and nearly ten cents higher in the Golden State, according to the E.I.A.  In the Lower Atlantic region, drivers watched prices lurch over four cents per gallon during the past week, by the E.I.A. survey. Prices along the Gulf Coast moved upward by more than three cents per gallon.

Nationwide, the news was worse for truckers, by a factor of two. Diesel prices increased by more than four cents per gallon, on average, according to the E.I.A. The national average cost for diesel is now over $3.31 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

09/17/18 09/24/18 10/01/18 week ago year ago
U.S. 2.841 2.844 2.866 values are up 0.022 values are up 0.301
East Coast (PADD1) 2.788 2.772 2.794 values are up 0.022 values are up 0.202
  New England (PADD1A) 2.869 2.856 2.857 values are up 0.001 values are up 0.192
  Central Atlantic (PADD1B) 2.929 2.906 2.905 values are down -0.001 values are up 0.252
  Lower Atlantic (PADD1C) 2.676 2.664 2.707 values are up 0.043 values are up 0.182
Midwest (PADD2) 2.761 2.789 2.790 values are up 0.001 values are up 0.388
Gulf Coast (PADD3) 2.561 2.559 2.593 values are up 0.034 values are up 0.212
Rocky Mountain (PADD4) 3.014 3.014 3.000 values are down -0.014 values are up 0.433
West Coast (PADD5) 3.344 3.350 3.412 values are up 0.062 values are up 0.437
  West Coast less California 3.127 3.131 3.149 values are up 0.018 values are up 0.408

E.I.A. Diesel Price Survey

09/17/18 09/24/18 10/01/18 week ago year ago
U.S. 3.268 3.271 3.313 values are up 0.042 values are up 0.521
East Coast (PADD1) 3.252 3.254 3.292 values are up 0.038 values are up 0.473
  New England (PADD1A) 3.267 3.270 3.305 values are up 0.035 values are up 0.538
  Central Atlantic (PADD1B) 3.415 3.416 3.447 values are up 0.031 values are up 0.513
  Lower Atlantic (PADD1C) 3.135 3.136 3.180 values are up 0.044 values are up 0.432
Midwest (PADD2) 3.208 3.218 3.278 values are up 0.060 values are up 0.531
Gulf Coast (PADD3) 3.056 3.052 3.079 values are up 0.027 values are up 0.464
Rocky Mountain (PADD4) 3.363 3.355 3.367 values are up 0.012 values are up 0.507
West Coast (PADD5) 3.755 3.759 3.802 values are up 0.043 values are up 0.693
  West Coast less California 3.473 3.473 3.506 values are up 0.033 values are up 0.488
  California 3.979 3.986 4.038 values are up 0.052 values are up 0.856

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