Gas Prices Fall Over Five Cents On The Week

Fort Lauderdale, FL – The cost of gas fell over a nickel per gallon during the past week, according to the latest pricing survey from the U.S. Energy Information Administration. The E.I.A. report offers up some relief for drivers, who have been shocked in recent weeks by intense price increases, which resulted from refinery shutdowns in the wake of Hurricane Harvey. The average price, nationwide, for a gallon of regular unleaded fell to about $2.63 this week, down from nearly $2.69 last week.

Prices fell in all regions this week, including the Lower Atlantic states, which include the states of Florida and Georgia. Despite a spike in consumer demand as the result of Hurricane Irma, the price in Lower Atlantic fell nearly four cents per gallon. The biggest price decline was found in the Midwest, known for pricing volatility. From Chicago to Cleveland, the cost of gas plunged an average of 9.5¢ per gallon across the region, the E.I.A. reported this week. That decline gives the Midwest the distinction of having the lowest average fuel prices among the survey districts, a position usually held by the Gulf Coast.

Diesel fuel prices declined, but in moderation, compared to the price of regular gas. The average cost of a gallon of diesel is now about $2.79 per gallon, according to the E.I.A. survey.

Regional cost averages for both gasoline and diesel are listed below, showing the current week and previous week. Prices are ranked from highest to lowest price.

Regional Gasoline Averages:

THIS WK / LAST WK: REGION

$3.022 / $3.038: PADD 5 WEST COAST (INCL. CA)
$2.779 / $2.784: PADD 5 WEST COAST (W/O CA)
$2.764 / $2.808: PADD 1b CENTRAL ATLANTIC
$2.740 / $2.764: PADD 1a NEW ENGLAND
$2.691 / $2.730: PADD 1 EAST COAST
$2.622 / $2.661: PADD 1c LOWER ATLANTIC
$2.599 / $2.611: PADD 4 ROCKY MOUNTAIN
$2.465 / $2.501: PADD 3 GULF COAST
$2.446 / $2.541: PADD 2 MIDWEST

Regional Diesel Averages:

THIS WK / LAST WK: REGION

$3.103 / $3.102: PADD 5 WEST COAST
$2.919 / $2.992: PADD 1b CENTRAL ATLANTIC
$2.814 / $2.829: PADD 1 EAST COAST
$2.813 / $2.827: PADD 4 ROCKY MOUNTAIN
$2.765 / $2.761: PADD 1a NEW ENGLAND
$2.749 / $2.776: PADD 1c LOWER ATLANTIC
$2.743 / $2.753: PADD 2 MIDWEST
$2.615 / $2.647: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.

Report delayed to September 12, 2017 due to compulsory evacuations as a result of Hurricane Irma. We are reporting this week from north Georgia.

Gas Prices Nudge Higher As Hurricane Irma Tears Into Florida, Georgia

Oakwood, GA – The cost of driving increased again during the past week, according to the U.S. Energy Information Administration. The E.I.A.’s weekly price survey shows the cost of fuel increased another penny per gallon to nearly $2.69 per gallon of regular unleaded. The weekly price increase was relatively tame, however, compared with the shocking price hikes experienced only a week earlier, when Hurricane Harvey forced the closure of refineries across Texas and Louisiana.

Prices went up, once again, in all regions, and it was unclear what impact the landfall of Hurricane Irma on Florida may have on the cost of gas prices in the Lower Atlantic region, which will likely be reflected in next week’s pricing survey. Meanwhile, prices across the Lower Atlantic region, like most regions, were up about a half cent per gallon. Prices across the West Coast and New England were up two cents per gallon, on average, dragging the nation’s averages higher this week.

Diesel fuel prices also took another hit this week, rising over four cents per gallon. The average cost of a gallon of diesel is now over $2.80, while prices in some regions, particularly the West Coast, are now well in excess of $3.00.

Regional cost averages for both gasoline and diesel are listed below, showing the current week and previous week. Prices are ranked from highest to lowest price.

Regional Gasoline Averages:

THIS WK / LAST WK: REGION

$3.038 / $3.017: PADD 5 WEST COAST (INCL. CA)
$2.784 / $2.763: PADD 5 WEST COAST (W/O CA)
$2.808 / $2.804: PADD 1b CENTRAL ATLANTIC
$2.764 / $2.745: PADD 1a NEW ENGLAND
$2.730 / $2.723: PADD 1 EAST COAST
$2.661 / $2.656: PADD 1c LOWER ATLANTIC
$2.611 / $2.606: PADD 4 ROCKY MOUNTAIN
$2.541 / $2.539: PADD 2 MIDWEST
$2.501 / $2.506: PADD 3 GULF COAST

Regional Diesel Averages:

THIS WK / LAST WK: REGION

$3.102 / $3.044: PADD 5 WEST COAST
$2.992 / $2.886: PADD 1b CENTRAL ATLANTIC
$2.827 / $2.798: PADD 4 ROCKY MOUNTAIN
$2.829 / $2.785: PADD 1 EAST COAST
$2.776 / $2.725: PADD 1c LOWER ATLANTIC
$2.761 / $2.723: PADD 1a NEW ENGLAND
$2.753 / $2.707: PADD 2 MIDWEST
$2.647 / $2.615: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.

Report released September 5, 2017 due to Labor Day Holiday.

Gas Prices Surge As Hurricane Harvey Shutters Refineries In Texas

Fort Lauderdale – The 2017 hurricane season has taken its toll on fuel prices nationwide, with gas prices making steep gains in the wake of Hurricane Harvey. The storm resulting in a number of refineries shutting down across Texas and into Louisiana, choking the nation’s fuel supply and driving the national average price up by 28¢ per gallon. The nation’s average gas price, which was $2.40 last week, lurched upward to $2.68 for a gallon of regular unleaded. The figures are detailed in a weekly fuel price survey compiled by the U.S. Energy Information Administration.

Every region took a hit, from the Gulf Coast, the site of Harvey’s impact, all the way to New England, where prices rose 35¢ and 36¢, respectively. Prices in the Lower Atlantic states, now potentially threatened by Hurricane Irma, rose by nearly 41¢ per gallon.

The lowest price increases were seen in areas where prices were already the highest in the nation, notably the West Coast and the Rocky Mountains. But these regions also have more direct access to other fuel sources, and prices were only up between 11 and 14 cents per gallon, respectively. Still, the price increases were substantial enough that the West Coast region now has an official gas price above the $3.00 mark.

Diesel fuel prices pinched at the wallets of truckers, too, but not nearly as much. Nationwide, the cost of diesel rose about 15¢ per gallon to $2.76.

Regional cost averages for both gasoline and diesel are listed below, showing the current week and previous week. Prices are ranked from highest to lowest price.

Regional Gasoline Averages:

THIS WK / LAST WK: REGION

$3.017 / $2.903: PADD 5 WEST COAST (INCL. CA)
$2.763 / $2.674: PADD 5 WEST COAST (W/O CA)
$2.804 / $2.435: PADD 1b CENTRAL ATLANTIC
$2.745 / $2.388: PADD 1a NEW ENGLAND
$2.723 / $2.337: PADD 1 EAST COAST
$2.656 / $2.249: PADD 1c LOWER ATLANTIC
$2.606 / $2.468: PADD 4 ROCKY MOUNTAIN
$2.539 / $2.307: PADD 2 MIDWEST
$2.506 / $2.156: PADD 3 GULF COAST

Regional Diesel Averages:

THIS WK / LAST WK: REGION

$3.044 / $2.910: PADD 5 WEST COAST
$2.886 / $2.758: PADD 1b CENTRAL ATLANTIC
$2.798 / $2.717: PADD 4 ROCKY MOUNTAIN
$2.785 / $2.623: PADD 1 EAST COAST
$2.725 / $2.528: PADD 1c LOWER ATLANTIC
$2.723 / $2.618: PADD 1a NEW ENGLAND
$2.707 / $2.566: PADD 2 MIDWEST
$2.615 / $2.428: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.

Fort Lauderdale, FL – The price of gas quickly took back the break in increases it had given drivers last week, and then some. The U.S. Energy Information Administration reports the nation’s average gas price lurched upward nearly four cents per gallon, ending the month of August at $2.40 per gallon, with prices closing in on $3.00 per gallon in some regions, particularly along the West Coast.

Prices went up in every region, according to the E.I.A. This week’s pricing survey shows the cost of fuels surged across the Midwest and Lower Atlantic states by six cents; prices were up from three to four cents across New England and the broader East Coast, as well as along the Gulf Coast.

This week’s price of diesel went up about a penny on the week, according to the E.I.A. survey. The national average price of a gallon of diesel is now about $2.61 per gallon. Prices in California are within a half penny of the $3.00 mark, according to the E.I.A.

Regional cost averages for both gasoline and diesel are listed below, ranked from highest to lowest price.

Regional Gasoline Averages:

$2.903: PADD 5 WEST COAST (INCL. CA)
$2.674: PADD 5 WEST COAST (W/O CA)
$2.468: PADD 4 ROCKY MOUNTAIN
$2.435: PADD 1b CENTRAL ATLANTIC
$2.388: PADD 1a NEW ENGLAND
$2.337: PADD 1 EAST COAST
$2.307: PADD 2 MIDWEST
$2.249: PADD 1c LOWER ATLANTIC
$2.156: PADD 3 GULF COAST

Regional Diesel Averages:

$2.910: PADD 5 WEST COAST
$2.758: PADD 1b CENTRAL ATLANTIC
$2.717: PADD 4 ROCKY MOUNTAIN
$2.623: PADD 1 EAST COAST
$2.618: PADD 1a NEW ENGLAND
$2.566: PADD 2 MIDWEST
$2.528: PADD 1c LOWER ATLANTIC
$2.428: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.

Fort Lauderdale, FL – The price of gas finally relented during the past week, giving back some of the gains it had taken from drivers in recent weeks. The weekly report from the U.S. Energy Information Administration shows the price of regular unleaded fell about two-and-a-half cents, on average, to $2.36.

Prices fell in most regions this week; however, prices across the West Coast and the Rockies continued to increase, according to t he E.I.A.. The weekly pricing survey shows the cost of fuels along the East Coast and around to the Gulf typically fell about two to three cents per gallon. Prices across the Midwest, where volatility is the rule, fell by a nickel per gallon, according to the weekly survey report.

This week’s price of diesel remains nearly the same as last week, according to the E.I.A. survey. The national average price of a gallon of diesel remains near $2.60 per gallon, after falling an average of just two-tenths of a penny during the past week.

Regional cost averages for both gasoline and diesel are listed below, ranked from highest to lowest price.

Regional Gasoline Averages:

$2.886: PADD 5 WEST COAST (INCL. CA)
$2.641: PADD 5 WEST COAST (W/O CA)
$2.454: PADD 4 ROCKY MOUNTAIN
$2.434: PADD 1b CENTRAL ATLANTIC
$2.363: PADD 1a NEW ENGLAND
$2.303: PADD 1 EAST COAST
$2.249: PADD 2 MIDWEST
$2.187: PADD 1c LOWER ATLANTIC
$2.118: PADD 3 GULF COAST

Regional Diesel Averages:

$2.883: PADD 5 WEST COAST
$2.756: PADD 1b CENTRAL ATLANTIC
$2.714: PADD 4 ROCKY MOUNTAIN
$2.617: PADD 1 EAST COAST
$2.616: PADD 1a NEW ENGLAND
$2.567: PADD 2 MIDWEST
$2.519: PADD 1c LOWER ATLANTIC
$2.408: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.

Austin, TX – The price of gas continued to rise through the past week, according to the U.S. Energy Information Administration. The cost of a gallon of regular unleaded pushed upward over a half penny this week, by far the lowest increase in recent weeks, and barely enough to budge the national average very much. As a result, the cost of a gallon of regular unleaded will still set you back only about $2.38.

Prices did not go up in all regions this week, however. The E.I.A.’s weekly pricing survey shows the cost of fuels along the Eastern seaboard, and down to the Gulf Coast, fell anywhere from a penny to nearly two cents per gallon. But prices across the West Coast jumped over two cents per gallon, and coupled with a nearly 4¢ surge in prices across the Rocky Mountain states, the national price average was kept from what would have been a mild decline. A 1.5¢ increase in prices across the heavily-populated Midwest also helped hold the national averages from a price decline.

This week’s movement in the price of diesel did not do any favors for truckers, as the cost of fuel rose nearly two cents. The national average price of a gallon of diesel is now $2.60 per gallon. As with gasoline, prices across the West Coast and Rocky Mountain states surged, pushing the national average higher. In the Midwest, prices jumped nearly three cents, on average, while prices were up about a penny or slightly more than a penny along the East Coast. Prices were flat in the Gulf Coast region.

Regional cost averages for both gasoline and diesel are listed below, ranked from highest to lowest price.

Regional Gasoline Averages:

$2.865: PADD 5 WEST COAST (INCL. CA)
$2.609: PADD 5 WEST COAST (W/O CA)
$2.454: PADD 1b CENTRAL ATLANTIC
$2.426: PADD 4 ROCKY MOUNTAIN
$2.378: PADD 1a NEW ENGLAND
$2.327: PADD 1 EAST COAST
$2.299: PADD 2 MIDWEST
$2.218: PADD 1c LOWER ATLANTIC
$2.145: PADD 3 GULF COAST

Regional Diesel Averages:

$2.877: PADD 5 WEST COAST
$2.761: PADD 1b CENTRAL ATLANTIC
$2.700: PADD 4 ROCKY MOUNTAIN
$2.625: PADD 1a NEW ENGLAND
$2.624: PADD 1 EAST COAST
$2.570: PADD 2 MIDWEST
$2.527: PADD 1c LOWER ATLANTIC
$2.410: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.

Gas Prices Continue Later Summer Surge

Gulf Coast Stunned By Price Leap

Fort Lauderdale, FL – The nation’s average gas price continued to climb during the past week, according to the U.S. Energy Information Administration. The average price of a gallon of regular unleaded is now nearly $2.38 per gallon, according to the E.I.A., which releases its report weekly.

Once again, prices were up in all regions this week, and while some price jumps were not as high was last week, the Gulf Coast suffered a seven-cent leap in prices.

Diesel fuel prices continued their upward push this week, though the nickel price hike felt more like a shove for truckers. According to the E.I.A., the average diesel price is now $2.58 per gallon. Along the West Coast, prices in California are poised to push well past the $3.00 level, if the past two weeks’ trends continue.

Regional cost averages for both gasoline and diesel are listed below, ranked from highest to lowest price.

Regional Gasoline Averages:

$2.842: PADD 5 WEST COAST (INCL. CA)
$2.588: PADD 5 WEST COAST (W/O CA)
$2.470: PADD 1b CENTRAL ATLANTIC
$2.390: PADD 4 ROCKY MOUNTAIN
$2.384: PADD 1a NEW ENGLAND
$2.336: PADD 1 EAST COAST
$2.284: PADD 2 MIDWEST
$2.221: PADD 1c LOWER ATLANTIC
$2.154: PADD 3 GULF COAST

Regional Diesel Averages:

$2.848: PADD 5 WEST COAST
$2.751: PADD 1b CENTRAL ATLANTIC
$2.673: PADD 4 ROCKY MOUNTAIN
$2.618: PADD 1a NEW ENGLAND
$2.613: PADD 1 EAST COAST
$2.543: PADD 2 MIDWEST
$2.514: PADD 1c LOWER ATLANTIC
$2.410: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.

Prices Begin Later Summer Surge

Regional Prices Up Double Digits For The Month, In Some Areas

Fort Lauderdale, FL – The nation’s average gas price once again pushed upward, although this week’s increase felt something more like a shove. According to the U.S. Energy Information Administration, the average price of a gallon of regular unleaded went up four cents to $2.35.

Prices were up in all regions this week, and all survey districts ended up for the month, somewhat substantially for the Midwest and Lower Atlantic states, which had monthly gains of 14¢ and 13¢, respectively. The broad West Coast and California – ironically, where prices are highest – had the lowest price increases of the month, only about 2¢.

Diesel fuel prices also went up this week. Once again, prices were not up as much as with gasoline, but truckers are paying another two-and-a-half cents per gallon for fuel, versus last week, according to the E.I.A. Nationally, prices have settled at $2.53 per gallon, though range from as little as $2.36 on the Gulf Coast to as much as $2.91 in California.

Regional cost averages for both gasoline and diesel are listed below, ranked from highest to lowest price.

Regional Gasoline Averages:

$2.833: PADD 5 WEST COAST (INCL. CA)
$2.579: PADD 5 WEST COAST (W/O CA)
$2.417: PADD 1b CENTRAL ATLANTIC
$2.343: PADD 4 ROCKY MOUNTAIN
$2.357: PADD 1a NEW ENGLAND
$2.306: PADD 1 EAST COAST
$2.276: PADD 2 MIDWEST
$2.207: PADD 1c LOWER ATLANTIC
$2.083: PADD 3 GULF COAST

Regional Diesel Averages:

$2.704: PADD 5 WEST COAST
$2.706: PADD 1b CENTRAL ATLANTIC
$2.615: PADD 4 ROCKY MOUNTAIN
$2.590: PADD 1a NEW ENGLAND
$2.566: PADD 1 EAST COAST
$2.486: PADD 2 MIDWEST
$2.462: PADD 1c LOWER ATLANTIC
$2.359: PADD 3 GULF COAST

Note: PADD is an acronym for Petroleum Administration for Defense Districts.