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

Author: Danny Pryor

Danny has more than 32 years of experience in media, including broadcasting and print journalism, and over two decades of website and digital content development. He is an AP-award-winning reporter and the creator of TurnpikeInfo.com.