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Gas Price Report For June 18, 2018

Gas price trend for week of June 18, 2018

Fort Lauderdale, FL – Gas prices continued driving downward during the past week, according to the weekly fuel price survey released by the U.S. Energy Information Administration. The report shows the average cost of a gallon of unleaded dropped by over three cents per gallon to $2.88, the first time in five weeks the nation’s average fuel price has been under $2.90, providing relief for the summer driving season.

Prices went down in all regions, though, once again, the price declines were scarcely even from region to region. Drives along the East Coast and the Lower Atlantic states enjoyed price cuts of as much as a nickel per gallon. Those drivers on the West Coast, hit with the nation’s highest fuel prices, scarcely noticed their minuscule dip of less than a penny.

Truckers got a solid price break in all regions this week, save for the wan price dip in the Rocky Mountain states. The E.I.A. weekly report shows the nation’s average cost of diesel dropped by over two cents to about $3.24 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

06/04/18 06/11/18 06/18/18 week ago year ago
U.S. 2.940 2.911 2.879 values are down -0.032 values are up 0.561
East Coast (PADD1) 2.879 2.840 2.799 values are down -0.041 values are up 0.532
  New England (PADD1A) 2.973 2.926 2.900 values are down -0.026 values are up 0.584
  Central Atlantic (PADD1B) 3.000 2.980 2.938 values are down -0.042 values are up 0.542
  Lower Atlantic (PADD1C) 2.778 2.729 2.684 values are down -0.045 values are up 0.528
Midwest (PADD2) 2.847 2.817 2.791 values are down -0.026 values are up 0.610
Gulf Coast (PADD3) 2.725 2.696 2.654 values are down -0.042 values are up 0.563
Rocky Mountain (PADD4) 2.995 2.990 2.977 values are down -0.013 values are up 0.563
West Coast (PADD5) 3.460 3.452 3.434 values are down -0.018 values are up 0.574
  West Coast less California 3.250 3.246 3.238 values are down -0.008 values are up 0.612

E.I.A. Diesel Price Survey

06/04/18 06/11/18 06/18/18 week ago year ago
U.S. 3.285 3.266 3.244 values are down -0.022 values are up 0.755
East Coast (PADD1) 3.282 3.264 3.240 values are down -0.024 values are up 0.701
  New England (PADD1A) 3.302 3.292 3.290 values are down -0.002 values are up 0.700
  Central Atlantic (PADD1B) 3.442 3.420 3.397 values are down -0.023 values are up 0.714
  Lower Atlantic (PADD1C) 3.166 3.148 3.121 values are down -0.027 values are up 0.694
Midwest (PADD2) 3.224 3.199 3.173 values are down -0.026 values are up 0.762
Gulf Coast (PADD3) 3.055 3.037 3.016 values are down -0.021 values are up 0.687
Rocky Mountain (PADD4) 3.359 3.344 3.339 values are down -0.005 values are up 0.714
West Coast (PADD5) 3.784 3.769 3.753 values are down -0.016 values are up 0.971
  West Coast less California 3.508 3.489 3.473 values are down -0.016 values are up 0.818
  California 4.003 3.990 3.976 values are down -0.014 values are up 1.092

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

Gas Price Report For June 11, 2018

Gas price trend for week of June 11, 2018

Fort Lauderdale, FL – Gas prices continued giving ground during the past week, according to the weekly fuel price survey from the U.S. Energy Information Administration. The E.I.A. survey shows the average cost of a gallon of gas dropped about three cents to about $2.91, further retreating from the $3.00 threshold, at least for many drivers.

Prices slipped downward in all regions, though the size of this week’s price decline varied widely from one area to the next. Drivers along the East Coast and across the Lower Atlantic States dropped by as much as a nickel per gallon, while prices for drivers along the West Coast and Rocky Mountains only fell by about a penny, or less.

Truckers got a fuel price break in all regions this week, anywhere from a penny to two cents per gallon. The E.I.A. reports the average cost of diesel dropped by about two cents, nationally, to settle near $3.27 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

05/28/18 06/04/18 06/11/18 week ago year ago
U.S. 2.962 2.940 2.911 values are down -0.029 values are up 0.545
East Coast (PADD1) 2.910 2.879 2.840 values are down -0.039 values are up 0.530
  New England (PADD1A) 2.980 2.973 2.926 values are down -0.047 values are up 0.577
  Central Atlantic (PADD1B) 3.027 3.000 2.980 values are down -0.020 values are up 0.549
  Lower Atlantic (PADD1C) 2.818 2.778 2.729 values are down -0.049 values are up 0.522
Midwest (PADD2) 2.881 2.847 2.817 values are down -0.030 values are up 0.569
Gulf Coast (PADD3) 2.721 2.725 2.696 values are down -0.029 values are up 0.555
Rocky Mountain (PADD4) 2.991 2.995 2.990 values are down -0.005 values are up 0.568
West Coast (PADD5) 3.463 3.460 3.452 values are down -0.008 values are up 0.560
  West Coast less California 3.248 3.250 3.246 values are down -0.004 values are up 0.604

E.I.A. Diesel Price Survey

05/28/18 06/04/18 06/11/18 week ago year ago
U.S. 3.288 3.285 3.266 values are down -0.019 values are up 0.742
East Coast (PADD1) 3.287 3.282 3.264 values are down -0.018 values are up 0.695
  New England (PADD1A) 3.307 3.302 3.292 values are down -0.010 values are up 0.678
  Central Atlantic (PADD1B) 3.443 3.442 3.420 values are down -0.022 values are up 0.709
  Lower Atlantic (PADD1C) 3.174 3.166 3.148 values are down -0.018 values are up 0.689
Midwest (PADD2) 3.230 3.224 3.199 values are down -0.025 values are up 0.745
Gulf Coast (PADD3) 3.054 3.055 3.037 values are down -0.018 values are up 0.669
Rocky Mountain (PADD4) 3.353 3.359 3.344 values are down -0.015 values are up 0.700
West Coast (PADD5) 3.784 3.784 3.769 values are down -0.015 values are up 0.964
  West Coast less California 3.514 3.508 3.489 values are down -0.019 values are up 0.808
  California 3.997 4.003 3.990 values are down -0.013 values are up 1.084

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

Gas Price Report For June 4, 2018

Gas price trend for week of June 4, 2018

Fort Lauderdale, FL – America’s official gas price retreated from the $3.00 threshold this week, even as prices had raced toward that critical level for weeks. According to the U.S. Energy Information Administration, the nation’s average gas price dropped just over two cents per gallon to $2.94. The figure was released in the weekly fuel price survey Monday evening.

Prices went did not go down in all regions, but many drivers along the East Coast and Midwest were given a solid break on prices at the pump this week, according to the E.I.A. survey. Prices along the Gulf Coast and in the Rocky Mountain states went up slightly, while prices in California helped keep West Coast averages down this week.

Truckers, on average, got a slight break this week, although the nature of that break comes in the dubious form of flat fuel prices. For the first time in weeks, the E.I.A. reports average diesel prices remained most flat, holding steady at about $3.29 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

05/21/18 05/28/18 06/04/18 week ago year ago
U.S. 2.923 2.962 2.940 values are down -0.022 values are up 0.526
East Coast (PADD1) 2.860 2.910 2.879 values are down -0.031 values are up 0.533
  New England (PADD1A) 2.945 2.980 2.973 values are down -0.007 values are up 0.573
  Central Atlantic (PADD1B) 2.997 3.027 3.000 values are down -0.027 values are up 0.545
  Lower Atlantic (PADD1C) 2.751 2.818 2.778 values are down -0.040 values are up 0.529
Midwest (PADD2) 2.851 2.881 2.847 values are down -0.034 values are up 0.525
Gulf Coast (PADD3) 2.676 2.721 2.725 values are up 0.004 values are up 0.554
Rocky Mountain (PADD4) 2.968 2.991 2.995 values are up 0.004 values are up 0.564
West Coast (PADD5) 3.435 3.463 3.460 values are down -0.003 values are up 0.518
  West Coast less California 3.208 3.248 3.250 values are up 0.002 values are up 0.588

E.I.A. Diesel Price Survey

05/21/18 05/28/18 06/04/18 week ago year ago
U.S. 3.277 3.288 3.285 values are down -0.003 values are up 0.721
East Coast (PADD1) 3.271 3.287 3.282 values are down -0.005 values are up 0.683
  New England (PADD1A) 3.282 3.307 3.302 values are down -0.005 values are up 0.678
  Central Atlantic (PADD1B) 3.420 3.443 3.442 values are down -0.001 values are up 0.698
  Lower Atlantic (PADD1C) 3.163 3.174 3.166 values are down -0.008 values are up 0.676
Midwest (PADD2) 3.218 3.230 3.224 values are down -0.006 values are up 0.719
Gulf Coast (PADD3) 3.055 3.054 3.055 values are up 0.001 values are up 0.638
Rocky Mountain (PADD4) 3.348 3.353 3.359 values are up 0.006 values are up 0.695
West Coast (PADD5) 3.765 3.784 3.784 no change 0.000 values are up 0.948
  West Coast less California 3.503 3.514 3.508 values are down -0.006 values are up 0.784
  California 3.973 3.997 4.003 values are up 0.006 values are up 1.076

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

Gas Price Report For May 28, 2018*

*Note: Memorial Day on May 28, 2018. Report release May 29, 2019.

Gas price trend for week of May 28, 2018

Fort Lauderdale, FL – The unofficial start of the summer driving season kicked off with an official increase in gas prices, according to the U.S. Energy Information Administration, pushing prices to within pennies of the $3.00 threshold. The national average price of a gallon of regular unleaded jumped another four cents, week on week, to settle at $2.96, according to the weekly E.I.A. fuel price survey. That price is 49-cents higher than where prices were just five months ago, on Christmas Day, and represents nearly a twenty-percent increase in fuel prices since the start of the year, according to E.I.A. price surveys.

Prices went up in all regions, though some were hit much harder than others, by the survey data. Prices were up nearly seven cents per gallon across the Lower Atlantic, while prices in the Rocky Mountain states were up by just over two cents per gallon. California, where prices are among the highest in the nation, this week’s two-cent price hike pushed costs to $3.64 per gallon.

Truckers, on average, are paying about $4.00 per gallon in California, though the national average price for diesel is much lower. Still, truckers in nearly all regions felt another price hike at the pump this week, as the national average price of diesel went up about a penny per gallon to near $3.29.

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

E.I.A. Gas Price Survey

05/14/18 05/21/18 05/28/18 week ago year ago
U.S. 2.873 2.923 2.962 values are up 0.039 values are up 0.556
East Coast (PADD1) 2.820 2.860 2.910 values are up 0.050 values are up 0.569
  New England (PADD1A) 2.874 2.945 2.980 values are up 0.035 values are up 0.570
  Central Atlantic (PADD1B) 2.944 2.997 3.027 values are up 0.030 values are up 0.561
  Lower Atlantic (PADD1C) 2.726 2.751 2.818 values are up 0.067 values are up 0.591
Midwest (PADD2) 2.782 2.851 2.881 values are up 0.030 values are up 0.580
Gulf Coast (PADD3) 2.613 2.676 2.721 values are up 0.045 values are up 0.566
Rocky Mountain (PADD4) 2.922 2.968 2.991 values are up 0.023 values are up 0.569
West Coast (PADD5) 3.405 3.435 3.463 values are up 0.028 values are up 0.504
  West Coast less California 3.166 3.208 3.248 values are up 0.040 values are up 0.580

E.I.A. Diesel Price Survey

05/14/18 05/21/18 05/28/18 week ago year ago
U.S. 3.239 3.277 3.288 values are up 0.011 values are up 0.717
East Coast (PADD1) 3.236 3.271 3.287 values are up 0.016 values are up 0.679
  New England (PADD1A) 3.251 3.282 3.307 values are up 0.025 values are up 0.685
  Central Atlantic (PADD1B) 3.380 3.420 3.443 values are up 0.023 values are up 0.692
  Lower Atlantic (PADD1C) 3.132 3.163 3.174 values are up 0.011 values are up 0.669
Midwest (PADD2) 3.175 3.218 3.230 values are up 0.012 values are up 0.718
Gulf Coast (PADD3) 3.012 3.055 3.054 values are down -0.001 values are up 0.631
Rocky Mountain (PADD4) 3.316 3.348 3.353 values are up 0.005 values are up 0.692
West Coast (PADD5) 3.731 3.765 3.784 values are up 0.019 values are up 0.941
  West Coast less California 3.482 3.503 3.514 values are up 0.011 values are up 0.779
  California 3.929 3.973 3.997 values are up 0.024 values are up 1.066

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

Gas Price Report For May 21, 2018

Gas price trend for the week of May 21, 2018

Fort Lauderdale, FL – Gas prices continued their upward climb during the past week, according to the latest weekly survey from the U.S. Energy Information Administration. The E.I.A.’s weekly fuel price survey shows the average price of gas jumped another nickel per gallon during the week to $2.92. That figure represents more than 30-cents’ worth of price hikes in the past two months, as crude oil prices surge amid global tensions and the approach of the summer driving season.

Prices went up in all regions, although the range of increases varied widely, from just over two cents in the Lower Atlantic states, to over seven cents per gallon across the New England states, according to the weekly survey.

Truckers were hit with a four-cent per gallon increase in average diesel prices this week. The E.I.A. reports the average price for a gallon of diesel is now $3.28.

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

E.I.A. Gas Price Survey

05/07/18 05/14/18 05/21/18 week ago year ago
U.S. 2.845 2.873 2.923 values are up 0.050 values are up 0.524
East Coast (PADD1) 2.792 2.820 2.860 values are up 0.040 values are up 0.533
  New England (PADD1A) 2.836 2.874 2.945 values are up 0.071 values are up 0.552
  Central Atlantic (PADD1B) 2.917 2.944 2.997 values are up 0.053 values are up 0.555
  Lower Atlantic (PADD1C) 2.685 2.726 2.751 values are up 0.025 values are up 0.530
Midwest (PADD2) 2.697 2.782 2.851 values are up 0.069 values are up 0.536
Gulf Coast (PADD3) 2.589 2.613 2.676 values are up 0.063 values are up 0.527
Rocky Mountain (PADD4) 2.821 2.922 2.968 values are up 0.046 values are up 0.587
West Coast (PADD5) 3.464 3.405 3.435 values are up 0.030 values are up 0.502
  West Coast less California 3.173 3.166 3.208 values are up 0.042 values are up 0.552

E.I.A. Diesel Price Survey

05/07/18 05/14/18 05/21/18 week ago year ago
U.S. 3.171 3.239 3.277 values are up 0.038 values are up 0.738
East Coast (PADD1) 3.178 3.236 3.271 values are up 0.035 values are up 0.683
  New England (PADD1A) 3.215 3.251 3.282 values are up 0.031 values are up 0.656
  Central Atlantic (PADD1B) 3.336 3.380 3.420 values are up 0.040 values are up 0.687
  Lower Atlantic (PADD1C) 3.061 3.132 3.163 values are up 0.031 values are up 0.684
Midwest (PADD2) 3.092 3.175 3.218 values are up 0.043 values are up 0.750
Gulf Coast (PADD3) 2.955 3.012 3.055 values are up 0.043 values are up 0.671
Rocky Mountain (PADD4) 3.249 3.316 3.348 values are up 0.032 values are up 0.719
West Coast (PADD5) 3.662 3.731 3.765 values are up 0.034 values are up 0.937
  West Coast less California 3.409 3.482 3.503 values are up 0.021 values are up 0.778
  California 3.863 3.929 3.973 values are up 0.044 values are up 1.061

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

Gas Price Report For May 14, 2018

Gas price trend for week of May 14, 2018

Fort Lauderdale, FL – After a single week of relief from never-ending gas price increases, the cost of fuels shot up nationwide during the past week, according to the latest gas price survey from the U.S. Energy Information Administration. The average cost of one gallon of gas in the U.S. is now just over $2.87.

That price represents a seven cent increase over last week, but there is a catch. That increase is depended on a new statistical methodology the E.I.A. announced it would begin testing this week. The new methodology includes a refinement in how the agency calculates average prices by zip-code, what geographic areas qualify as cities, and an update to the sample of stations surveyed, the agency reported on its website. The updated sampling methodology does not apply to diesel pricing surveys.

By the new statistical model, weekly gas prices increased well over seven cents, on a nationwide basis, last week. Some regions, particularly the Midwest and Rocky Mountain states, were hit with ten-cent and eight-cent price hikes, respectively.

Truckers were also greeted this week with a substantial hike in diesel prices. The E.I.A. reports the average cost of diesel went up nearly seven cents per gallon, bringing the average price to just shy of $3.24.

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

Note: There are two regular gas price tables this week in order to detail the price trends with the new a E.I.A. statistical calculus, versus the old methodology. The E.I.A. announced it implemented the new methodologies with the May 14, 2018 gas price survey. That new survey method is shown first, followed by a table using the old method.

The statistical models used for calculating diesel price averages has not been changed.

E.I.A. Gas Price Survey (New Stat. Method)

04/30/18 05/07/18 05/14/18 week ago year ago
U.S. 2.797 2.801 2.873 values are up 0.072 values are up 0.504
East Coast (PADD1) 2.769 2.761 2.820 values are up 0.059 values are up 0.500
  New England (PADD1A) 2.816 2.834 2.874 values are up 0.040 values are up 0.507
  Central Atlantic (PADD1B) 2.908 2.898 2.944 values are up 0.046 values are up 0.507
  Lower Atlantic (PADD1C) 2.671 2.656 2.726 values are up 0.070 values are up 0.508
Midwest (PADD2) 2.697 2.683 2.782 values are up 0.099 values are up 0.514
Gulf Coast (PADD3) 2.589 2.555 2.613 values are up 0.058 values are up 0.484
Rocky Mountain (PADD4) 2.829 2.838 2.922 values are up 0.084 values are up 0.538
West Coast (PADD5) 3.302 3.347 3.405 values are up 0.058 values are up 0.533
  West Coast less California 3.082 3.129 3.166 values are up 0.037 values are up 0.523

E.I.A. Gas Price Survey (Old Stat. Method)

04/30/18 05/07/18 05/14/18 week ago year ago
U.S. 2.846 2.845 2.873 values are not available NA values are up 0.504
East Coast (PADD1) 2.789 2.792 2.820 values are not available NA values are up 0.500
  New England (PADD1A) 2.812 2.836 2.874 values are not available NA values are up 0.507
  Central Atlantic (PADD1B) 2.910 2.917 2.944 values are not available NA values are up 0.507
  Lower Atlantic (PADD1C) 2.692 2.685 2.726 values are not available NA values are up 0.508
Midwest (PADD2) 2.724 2.697 2.782 values are not available NA values are up 0.514
Gulf Coast (PADD3) 2.589 2.589 2.613 values are not available NA values are up 0.484
Rocky Mountain (PADD4) 2.803 2.821 2.922 values are not available NA values are up 0.538
West Coast (PADD5) 3.432 3.464 3.405 values are not available NA values are up 0.533
  West Coast less California 3.128 3.173 3.166 values are not available NA values are up 0.523

E.I.A. Diesel Price Survey (No Change In Stat. Method)

04/30/18 05/07/18 05/14/18 week ago year ago
U.S. 3.157 3.171 3.239 values are up 0.068 values are up 0.695
East Coast (PADD1) 3.162 3.178 3.236 values are up 0.058 values are up 0.641
  New England (PADD1A) 3.203 3.215 3.251 values are up 0.036 values are up 0.625
  Central Atlantic (PADD1B) 3.321 3.336 3.380 values are up 0.044 values are up 0.643
  Lower Atlantic (PADD1C) 3.042 3.061 3.132 values are up 0.071 values are up 0.644
Midwest (PADD2) 3.083 3.092 3.175 values are up 0.083 values are up 0.696
Gulf Coast (PADD3) 2.946 2.955 3.012 values are up 0.057 values are up 0.630
Rocky Mountain (PADD4) 3.215 3.249 3.316 values are up 0.067 values are up 0.690
West Coast (PADD5) 3.640 3.662 3.731 values are up 0.069 values are up 0.907
  West Coast less California 3.394 3.409 3.482 values are up 0.073 values are up 0.754
  California 3.834 3.863 3.929 values are up 0.066 values are up 1.027

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

Gas Price Report For May 7, 2018

Gas price report for May 7, 2018

Fort Lauderdale, FL – For the first time in four weeks, the nation’s gas prices finally leveled off, although not in all regions. Gas price data were released in the weekly fuel price survey from the U.S. Energy Information Administration, which shows the nation’s average gas price was flat week over week, holding at nearly $2.85 per gallon.

Many regions enjoyed a flattening of the increasing price curve, though not all. Drivers on the West Coast and across New England had price increases of about three and two cents per gallon, respectively, according to the survey report. However, drivers in the Midwest enjoyed a price decline of about three cents per gallon.

Truckers were still hit with another diesel price increase this week. The E.I.A. reports the average cost of diesel went up a little over a penny per gallon, bringing the average price to just over $3.17.

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

E.I.A. Gas Price Survey

04/23/18 04/30/18 05/07/18 week ago year ago
U.S. 2.798 2.846 2.845 values are down -0.001 values are up 0.473
East Coast (PADD1) 2.751 2.789 2.792 values are up 0.003 values are up 0.444
  New England (PADD1A) 2.759 2.812 2.836 values are up 0.024 values are up 0.452
  Central Atlantic (PADD1B) 2.862 2.910 2.917 values are up 0.007 values are up 0.457
  Lower Atlantic (PADD1C) 2.665 2.692 2.685 values are down -0.007 values are up 0.432
Midwest (PADD2) 2.657 2.724 2.697 values are down -0.027 values are up 0.465
Gulf Coast (PADD3) 2.546 2.589 2.589 no change 0.000 values are up 0.421
Rocky Mountain (PADD4) 2.772 2.803 2.821 values are up 0.018 values are up 0.428
West Coast (PADD5) 3.391 3.432 3.464 values are up 0.032 values are up 0.601
  West Coast less California 3.088 3.128 3.173 values are up 0.045 values are up 0.522

E.I.A. Diesel Price Survey

04/23/18 04/30/18 05/07/18 week ago year ago
U.S. 3.133 3.157 3.171 values are up 0.014 values are up 0.606
East Coast (PADD1) 3.142 3.162 3.178 values are up 0.016 values are up 0.566
  New England (PADD1A) 3.171 3.203 3.215 values are up 0.012 values are up 0.573
  Central Atlantic (PADD1B) 3.295 3.321 3.336 values are up 0.015 values are up 0.583
  Lower Atlantic (PADD1C) 3.028 3.042 3.061 values are up 0.019 values are up 0.554
Midwest (PADD2) 3.047 3.083 3.092 values are up 0.009 values are up 0.595
Gulf Coast (PADD3) 2.936 2.946 2.955 values are up 0.009 values are up 0.545
Rocky Mountain (PADD4) 3.181 3.215 3.249 values are up 0.034 values are up 0.598
West Coast (PADD5) 3.616 3.640 3.662 values are up 0.022 values are up 0.816
  West Coast less California 3.366 3.394 3.409 values are up 0.015 values are up 0.662
  California 3.815 3.834 3.863 values are up 0.029 values are up 0.936

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

Gas Price Report For April 30, 2018

Gas price trend for week of April 30, 2018

Fort Lauderdale, FL – Gas prices continued lurching higher during the past week, according to the latest gas price survey from the U.S. Energy Information Administration. Retail fuel prices jumped another nickel per gallon during the week, settling near $2.85 for regular unleaded.

Most regions’ fuel prices remain under the $3.00 per gallon level, but many are watching average prices ebb closer to that mark, including the Central Atlantic, where average gas prices are now $2.91. For drivers on the West Coast, particularly California, prices at the $3.00 level are only a memory, having been above that threshold for weeks. Average prices in California this week are $3.43 per gallon, while prices are about $3.13 per gallon for the broader West Coast.

Truckers were also socked with another diesel price increase this week, though not as dramatic as regular gas. The E.I.A. price survey shows the average cost of diesel went up nearly two-and-a-half cents per gallon, bringing the average cost to near $3.16.

Gas prices increased in four of the five surveys released during April, and each of those increases was near or above five cents per gallon. The only declining week showed a meek dip in prices, when the April 9 survey showed a price drop of less than a penny per gallon.

In all, April ended with prices twenty cents higher than the end of March, according to the E.I.A. reports.

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

E.I.A. Gas Price Survey

04/16/18 04/23/18 04/30/18 week ago year ago
U.S. 2.747 2.798 2.846 values are up 0.048 values are up 0.435
East Coast (PADD1) 2.688 2.751 2.789 values are up 0.038 values are up 0.402
  New England (PADD1A) 2.691 2.759 2.812 values are up 0.053 values are up 0.409
  Central Atlantic (PADD1B) 2.795 2.862 2.910 values are up 0.048 values are up 0.414
  Lower Atlantic (PADD1C) 2.606 2.665 2.692 values are up 0.027 values are up 0.392
Midwest (PADD2) 2.602 2.657 2.724 values are up 0.067 values are up 0.434
Gulf Coast (PADD3) 2.496 2.546 2.589 values are up 0.043 values are up 0.393
Rocky Mountain (PADD4) 2.734 2.772 2.803 values are up 0.031 values are up 0.399
West Coast (PADD5) 3.367 3.391 3.432 values are up 0.041 values are up 0.553
  West Coast less California 3.047 3.088 3.128 values are up 0.040 values are up 0.460

E.I.A. Diesel Price Survey

04/16/18 04/23/18 04/30/18 week ago year ago
U.S. 3.104 3.133 3.157 values are up 0.024 values are up 0.574
East Coast (PADD1) 3.116 3.142 3.162 values are up 0.020 values are up 0.538
  New England (PADD1A) 3.149 3.171 3.203 values are up 0.032 values are up 0.550
  Central Atlantic (PADD1B) 3.275 3.295 3.321 values are up 0.026 values are up 0.548
  Lower Atlantic (PADD1C) 2.998 3.028 3.042 values are up 0.014 values are up 0.529
Midwest (PADD2) 3.016 3.047 3.083 values are up 0.036 values are up 0.567
Gulf Coast (PADD3) 2.910 2.936 2.946 values are up 0.010 values are up 0.511
Rocky Mountain (PADD4) 3.137 3.181 3.215 values are up 0.034 values are up 0.549
West Coast (PADD5) 3.583 3.616 3.640 values are up 0.024 values are up 0.776
  West Coast less California 3.326 3.366 3.394 values are up 0.028 values are up 0.619
  California 3.787 3.815 3.834 values are up 0.019 values are up 0.897

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

Gas Price Report For April 23, 2018

Gas price report for April 23, 2018

Fort Lauderdale, FL – Prices at the gas pump continue surging, according to the latest weekly price survey from the U.S. Energy Information Administration. The E.I.A. report shows the average cost of the nation’s gas jumped another nickel per gallon this week to settle just under $2.80.

Prices pushed significantly higher across the nearly all regions, with costs across the Central Atlantic and New England states jumping nearly seven cents per gallon. For drivers in the Central Atlantic, prices were closing in on $2.90, the only region where prices are so high without going over the crucial $3.00-per-gallon bright line. On the West Coast, that line was crossed earlier this month, and prices this week jumped another four cents to hit nearly $3.09. For drivers in California, prices remain the highest in the nation, averaging $3.57 statewide.

Truckers were hit with another dramatic price increase this week, as well, according to the E.I.A. survey. The nation’s average cost of diesel jumped about three cents per gallon to $3.13 per gallon, a figure that is about 54¢ per gallon higher than last year at this time, according to the E.I.A. That translates into about a 21-percent increase in fuel costs for truckers, on average, year over year.

Fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

04/09/18 04/16/18 04/23/18 week ago year ago
U.S. 2.694 2.747 2.798 values are up 0.051 values are up 0.349
East Coast (PADD1) 2.638 2.688 2.751 values are up 0.063 values are up 0.335
  New England (PADD1A) 2.642 2.691 2.759 values are up 0.068 values are up 0.355
  Central Atlantic (PADD1B) 2.744 2.795 2.862 values are up 0.067 values are up 0.343
  Lower Atlantic (PADD1C) 2.558 2.606 2.665 values are up 0.059 values are up 0.322
Midwest (PADD2) 2.550 2.602 2.657 values are up 0.055 values are up 0.299
Gulf Coast (PADD3) 2.423 2.496 2.546 values are up 0.050 values are up 0.321
Rocky Mountain (PADD4) 2.639 2.734 2.772 values are up 0.038 values are up 0.359
West Coast (PADD5) 3.330 3.367 3.391 values are up 0.024 values are up 0.500
  West Coast less California 2.998 3.047 3.088 values are up 0.041 values are up 0.414

E.I.A. Diesel Price Survey

04/09/18 04/16/18 04/23/18 week ago year ago
U.S. 3.043 3.104 3.133 values are up 0.029 values are up 0.538
East Coast (PADD1) 3.066 3.116 3.142 values are up 0.026 values are up 0.510
  New England (PADD1A) 3.116 3.149 3.171 values are up 0.022 values are up 0.521
  Central Atlantic (PADD1B) 3.232 3.275 3.295 values are up 0.020 values are up 0.510
  Lower Atlantic (PADD1C) 2.939 2.998 3.028 values are up 0.030 values are up 0.508
Midwest (PADD2) 2.957 3.016 3.047 values are up 0.031 values are up 0.517
Gulf Coast (PADD3) 2.844 2.910 2.936 values are up 0.026 values are up 0.478
Rocky Mountain (PADD4) 3.086 3.137 3.181 values are up 0.044 values are up 0.519
West Coast (PADD5) 3.500 3.583 3.616 values are up 0.033 values are up 0.741
  West Coast less California 3.226 3.326 3.366 values are up 0.040 values are up 0.580
  California 3.717 3.787 3.815 values are up 0.028 values are up 0.868

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

Gas Price Report For April 16, 2018

Gas price trend for week of April 16, 2018

Fort Lauderdale, FL – Drivers are once again feeling a strong pinch at the gas pump, as this week’s gas price survey from the U.S. Energy Information Administration details. The weekly report shows the average cost of a gallon of gas jumped over a nickel per gallon on the week to settle over $2.74. In all, gas prices have gone up nearly 18¢ since per gallon, on average, since the start of March. That figure is calculated from E.I.A. surveys dating to March 5.

Prices lurched significantly higher across the Rocky Mountain states, where average prices jumped by nearly ten cents per gallon. Along the Gulf Coast, where costs are traditionally the lowest, gas prices surged well over seven cents per gallon to settle a fraction under $2.50. Prices were up in all regions.

Truckers were also hit with a spike in diesel prices this week, the E.I.A. reported. The weekly price survey shows average diesel costs hit $3.10 per gallon, after rising over six cents this week. As with regular gas, diesel prices were up in all regions.

Fuel prices for all regions are shown below, as gathered from www.eia.gov.

E.I.A. Gas Price Survey

04/02/18 04/09/18 04/16/18 week ago year ago
U.S. 2.700 2.694 2.747 values are up 0.053 values are up 0.311
East Coast (PADD1) 2.647 2.638 2.688 values are up 0.050 values are up 0.291
  New England (PADD1A) 2.638 2.642 2.691 values are up 0.049 values are up 0.318
  Central Atlantic (PADD1B) 2.744 2.744 2.795 values are up 0.051 values are up 0.287
  Lower Atlantic (PADD1C) 2.577 2.558 2.606 values are up 0.048 values are up 0.286
Midwest (PADD2) 2.565 2.550 2.602 values are up 0.052 values are up 0.263
Gulf Coast (PADD3) 2.428 2.423 2.496 values are up 0.073 values are up 0.255
Rocky Mountain (PADD4) 2.599 2.639 2.734 values are up 0.095 values are up 0.358
West Coast (PADD5) 3.327 3.330 3.367 values are up 0.037 values are up 0.484
  West Coast less California 2.958 2.998 3.047 values are up 0.049 values are up 0.395

E.I.A. Diesel Price Survey

04/02/18 04/09/18 04/16/18 week ago year ago
U.S. 3.042 3.043 3.104 values are up 0.061 values are up 0.507
East Coast (PADD1) 3.066 3.066 3.116 values are up 0.050 values are up 0.485
  New England (PADD1A) 3.117 3.116 3.149 values are up 0.033 values are up 0.511
  Central Atlantic (PADD1B) 3.233 3.232 3.275 values are up 0.043 values are up 0.492
  Lower Atlantic (PADD1C) 2.938 2.939 2.998 values are up 0.059 values are up 0.476
Midwest (PADD2) 2.962 2.957 3.016 values are up 0.059 values are up 0.480
Gulf Coast (PADD3) 2.851 2.844 2.910 values are up 0.066 values are up 0.452
Rocky Mountain (PADD4) 3.044 3.086 3.137 values are up 0.051 values are up 0.485
West Coast (PADD5) 3.487 3.500 3.583 values are up 0.083 values are up 0.706
  West Coast less California 3.202 3.226 3.326 values are up 0.100 values are up 0.535
  California 3.714 3.717 3.787 values are up 0.070 values are up 0.841

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