Florida’s Turnpike will now accept the North Carolina Quick Pass for payment on Florida’s Turnpike, it was announced today. Conversely, Florida’s SunPass can now be used to pay tolls on the Triangle Expressway in the North Carolina Research Triangle Park region. The announcement was made by both states’ Departments of Transportation in what had been an expected union of the two electronic tolling systems.
One of the frequent questions visitors to TurnpikeInfo.com have is why E-ZPass and other state electronic toll devices do not work in Florida. Dianne Gutierrez-Scaccetti, the exective director of Florida’s Turnpike Enterprise, wrote in a news release, “Interoperability between SunPass and electronic toll systems in other states is something we’ve bee diligently working toward for some time.”
The North Carolina tolling system participates in the broader E-ZPass electronic toll system, which covers states across the entire middle and upper Atlantic regions, New England, and the Midwest. Until now, Florida had never participated in any interstate electronic tolling system.
Connecting with North Carolina is a likely first step in Florida becoming part of the larger E-ZPass network at a time when the state is making significant technology upgrades to its toll roads and toll collection systems. Florida’s Turnpike Extension, located in Miami-Dade County, became the first leg of the turnpike system, in the Sunshine State, to become an all-electronic tolling system. However, no timetable has yet been posted detailing when SunPass might be accepted in other states or when E-ZPass, particularly from states like New York and New Jersey, might be accepted in Florida.
A continual rise in crude oil prices has solidly impacted the price of gasoline at the pump, with the weekly gas price survey showing fuel costs higher from coast to coast, regardless of whether you drive a regular car or a tractor-trailer rig. The price of a gallon of regular unleaded jumped nearly a nickel per gallon during the past week, while diesel prices jumped by about four-cents per gallon. Overall, the national average gas price is up about 19-cents versus this time last year. Diesel prices are up about 12 cents per gallon, year over year.
The spike in prices has officially placed the U.S. average fuel cost higher than had been predicted by the U.S. Department of Energy. During the spring, the Energy Information Administration had predicted overall fuel prices would be around $3.63 over the summer. While prices along the lower Atlantic states and across the Gulf Coast are below that figure, most drivers across the United States are now paying anywhere from $3.71 across the Central Atlantic to nearly $4.00 across the West Coast. Diesel costs are now at or above that $4.00 per gallon threshold, with no signs of abating in the near future.
The cost of gas is being driven, to turn a phrase, by upward prices on crude oil. West Texas Intermediate crude has nearly matched up with the price of Brent Light Sweet Crude, rallying over the course of several months to keep the cost of a barrel of oil well above $100. European investors traded back some of their U.S. oil futures on Monday, July 22, in favor of profit-taking, several observers, including CNBC’s Jim Cramer, say oil is likely to only go higher. A per-barrel price of about $110 is still seen as very likely, meaning the summer driving season will give way to a back-to-school season with even higher gas prices.
Julius Caesar was warned about “the Ides of March,” but for modern drivers, the Ides of July brought the bad news of gasoline prices surging across the U.S., up almost a quarter per gallon in some places. The latest pricing survey from the Energy Information Administration shows the average price of one gallon of regular unleaded is now $3.64 per gallon, up an astonishing 15-cents in just one week.
Drivers in the Midwest, where weather conditions in May created gas price havoc, are reliving the price shock at the pump, only worse. Prices leaped ahead by an average of 23-cents per gallon across nearly all of the Midwest. Only the Rocky Mountain states and the broader West Coast states escaped such drastic price swings during the past week, but prices still increased by about 9-cents per gallon in most states west of the Rockies.
Cost instability also afflicted truckers, at least moreso than during most recent weeks. The avereage price of a gallon of diesel fuel ticked upward by about four cents; but areas of the Gulf Coast and U.S. West Coast saw prices rise more than a nickel per gallon.
A number of factors could be contributing to the summer gas price increases, including fresh high prices for oil futures amid very tight supplies. Brent oil neared $110 per barrel as oil inventories decline and refinery capacity remains restrained this year. As mentioned, severe weather conditions across the Midwest during May cause shipping and refinery problems, and this year’s permanent closure of other refineries has also contributed to the cost pressure at the pump.
Year over year, most American drivers are paying between 18 and 25 cents per gallon more for gas. Translated to a full fill-up of a 15-gallon tank, that is the equivalent of an extra $2.70 to $3.75 per gallon more per tank.
Gas prices nudged upward in some regions, and truckers, in particular, found themselves paying more at the pump during the past several days as the price of a gallon of diesel began creeping higher in the wake of a spike in commodities prices during the past week.
Overall, the price of a gallon of unleaded gasoline was fairly flat across most regions, although higher in New England and the Midwest. Diesel prices were broadly higher across the United States, but slightly lower in the New England and Rocky Mountain states. The prices are detailed in the latest weekly survey from the Energy Information Administration.
The price fluctuations come amid a spike last week in crude oil futures, which came as unrest in Egypt gave rise to concerns about global supplies. However, crude oil prices were down from last week’s highs Monday. Still the summer driving season has been rocked by refinery issues and flooding problems in the Midwest, political unrest across the Middle East, and a train derailment in Quebec Saturday, July 6, that could further exacerbate supply issues, even though reserves remain fairly stable across North America.
The average price of a gallon of unleaded, nationwide, was just under $3.50; although prices along the West Coast and California remained significantly higher, with some people paying upward of $4.00 for a gallon of regular unleaded.
Prices of diesel remained at about $3.83 per gallon, on average, during the past week; however, truckers along the West Coast and in New England were paying at or above $4.00 per gallon.
The month of America’s independence got off to an across-the-nation drop in gas prices, helping many people save anywhere from a few pennies to several dollars on a tank of gas, depending upon where they live. The decline in gas prices varied widely by region again this week, according to the EIA weekly survey, but for the first time in several weeks, drivers in every region enjoyed a drop in the cost of fuel.
The average price of a gallon of gas fell by just over eight-cents during the week, with prices in the midwest continuing to plummet as the region continues to recover from dramatic weather and refinery issues suffered during May. The average cost of gallon of unleaded fell by 15-cents across the Midwest during the past week. In all, Midwest gas prices have fallen nearly 50-cents per gallon during the past three weeks.
For most of the rest of America’s drivers, the price declines were far more modest, with the average driver outside of the Midwest seeing declines of anywhere from three to seven cents per gallon. As of July 1, the average U.S. cost of a gallon of regular unleaded was down to about $3.50; with prices in California and on the West Coast averaging $3.89 and $3.70, respectively. The lowest prices for fuel are to be found along the Gulf Coast, where a gallon of gas is about $3.31.
For the truckers moving products, and in some cases gasoline, across the United States, the price of diesel dropped during the past week, as well. Price declines were seen in every region of the U.S., but compared to gas, the drop in diesel prices was very slim. Diesel prices per gallon fell by only about two cents per gallon, to a national average of about $3.82.
Gasoline prices edged downward in most regions of the United States this week, and the overall national average of a gallon of regular unleaded dropped by about five-cents per gallon during the past week. However, the biggest declines were to be found in the Midwestern USA, which is still recovering from last month’s major flooding, which put refineries and shipping routes out of commission.
The weekly fuel survey from the Energy Information Administration shows gas prices across the Midwest declined by an average of 19-cents per gallon, which helped offset, at the national level, a rise in fuel prices along the West Coast and the Central Atlantic states. Most of New England and Gulf Coast enjoyed stable gas prices, although there was a slight decline across the Lower Atlantic, to the measure of about two-cents per gallon.
Overall, gas prices have been mixed during June, which followed May’s dramatic increases in fuel prices. Overall, the price hikes in May, which hit all regions of the United States, pushed the year-over-year gasoline costs higher. Until the middle of May, 2013 gas prices had been lower than last year.
Currently, the national average of regular unleaded is now about 14-cents per gallon higher than last year, settling in at about $3.58 per gallon. The highest prices are on the West Coast, where fuel averages $3.95 per gallon. The Gulf Coast currently enjoyes the lowest prices, with a regional average cost of about $3.38 per gallon.
The news is worse for truckers and drivers of any diesel-powered motor. The cost of a gallon of fulel notched up during the past week, but the year-over-year cost is higher by as much as 24-cents per gallon, particularly in the Midwest. The national average of a cost of diesel fuel is currently $3.84 per gallon, which is 16-cents higher than this time one year ago.
The gasoline prices across the United States declined a bit during the past week, due in large part to steep price declines in the Midwestern states. Much of the Midwest, particularly Michigan, Wisconsin and Illinois, had suffered under major price hikes during May, the result of refinery problems and shipping problems caused by major flooding throughout the region. As those issues have assuaged, the gas prices in the region have been given to deep declines.
Overall, the average price of a gallon of regular unleaded gas went down by about three-cents per gallon, according to the latest survey from the Energy Information Administration. The averages were led by those Midwestern price declines, which averaged 13-cents per gallon. However, gas prices in most other regions were either flat to higher, particularly in the Gulf Coast states, from Louisiana to Florida, where prices increased by about four-cents per gallon.
For truckers and other diesel operators, the cost of a gallon of diesel fuel was mixed during the past week. The average price of a gallon of fuel was down about one-cent per gallon, although prices were largely up or down by a penny, depending upon the region. Prices fell in the Midwest and Gulf Coast states, but those same prices increased across the Rocky Mountains, West Coast and California.
The cost of a gallon of gas was up just slightly across the New England, Lower Atlantic and Midwestern states during the past week, while nearly all other regions enjoyed a bit of a price break, according to the latest gas price survey from the Energy Information Administration.
The EIA survey for June 10 shows drivers across the northeast paying about a penny per gallon more for regular unleaded gas. That fate also fell upon drievers in the Lower Atlantic states, but the price of gas across the Midwest was up about three cents per gallon.
Meanwhile, the cost of gas across the Rocky Mountain states and much of the West Coast was down by one to two cents per gallon. California was a drag on the general West Coast average, where gas prices were down more than in the Golden State.
For truckers and other drivers of diesel-powered vehicles, the coste of diesel fuel was down between two and three cents in nearly all regions, although the Central Atlantic states and New England did not enjoy much of a price break. In those areas, the price of a gallon of diesel was either flat or dropped by only a penny per gallon.
For gas prices and diesel costs across the United States, year over year prices are now nearly on par with this time last year. For the most part, gas prices which had been significantly lower than their contemporaneous 2012 rates are now either about the same or slightly higher. For gasoline, the price is now about 9-cents higher than this time in 2012 while diesel is about 7-cents per gallon higher.
Gas prices continued their declines into a second week this week as millions more college and university students hit the road for Spring Break, with the largest number of vacationers taking off from major universities during this week and the next two weeks. According to the weekly survey from the Energy Information Administration, the average price of a gallon of gas dropped by about a nickel, but the declines were much higher across the Midwest, where winter prices had suffered their greatest increases during January and February. Only the U.S. West Coast suffered a hike in prices, with average per-gallon costs for gasoline driving upward by about a penny.
The weekly declines mark the second time prices have gone down in as many weeks, and declines have now reached the point that prices, overall, are down from last year at this time. Year over year fuel costs have dropped by as much as 19-cents per gallon in some spots, with the average March gas price being about 12-cents per gallon this year, versus the same week in 2012.
Diesel fuel costs also continued their weekly downward trend, although the declines were not as steep as gas prices. Average prices-per-gallon for diesel dropped by about four-cents nationwide, while across New England down to the Carolinas the average price was down about six-cents per gallon.
Like gasoline, diesel prices are now less than they were at this time last year, although the greatest year-over-year decline were to be found on the West Coast, where prices were down over 19-cents per gallon, versus the same survey period in 2012.
Still, the declines in gas prices are not yet enough to make up for the Winter pricing hikes that drivers suffered during January and February. Overall, average U.S. prices for a gallon of gas are up about 40-cents per gallon since the beginning of 2013.
March usually means the arrival of Spring Break, but it could also herald a momentary break from those continually rising gas prices, according to the latest gas price survey from the U.S. Energy Information Administration. For the first time in several weeks, the average per-gallon cost of a gallon of gas actually declined, although there was no such relief in the Rocky Mountain states or the U.S. West Coast.
Still, the week-over-week dip in fuel costs could not have come at a better time for many living along the Eastern seaboard and in the Midwestern states, where blasts of cold air have pushed up energy consumption. The average price for a gallon of gas dropped by about 2 ½-cents per gallon, but prices fell by nearly twice that rate on the Gulf Coast and Lower Atlantic States.
The relief was extended to truckers and fleet drivers, too, as diesel fuel prcies dropped about 3¢ per gallon during the past week. In an extra line of good news, the price declines affected all regions of the United States, unlike regular petroleum prices.