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

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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.