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

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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.