For the current week ended December 5, diesel prices jumped by 6 cents (cts) to an average price of $2.48/gallon.
PADD 1 retail diesel prices rose 5.3cts to $2.499/gallon. In New England, prices rose 5.4cts to $2.526/gallon. Central Atlantic diesel prices rose 5.3cts to average $2.602/gallon. Lower Atlantic prices rose 5.4cts to average $2.415/gallon. Overall PADD 1 prices were 8.6cts/gallon above their prices for the same week last year.
In the Midwest PADD 2 market, retail diesel prices surged 7.5cts to average $2.431/gallon. This price was 8.3cts/gallon above its level for the same week in 2015.
In the Gulf Coast PADD 3, retail diesel prices increased 7.1cts to $2.361/gallon. This price was 12.9cts higher than in the previous year.
In the Rocky Mountains PADD 4, diesel pump prices edged up only 0.7cts to $2.457/gallon. This price was 4.7cts higher than in the prior year.
In the West Coast PADD 5 market, pump prices rose 4.3cts to $2.77/gallon. This price was 16.7 cents above its level last year. Prices excluding California increased 4.4cts to $2.679/gallon, which was 20.2cts above the retail price for the same week last year. California diesel prices rose 4.3cts to $2.843/gallon, 13.9cts higher than last year’s price.
U.S. retail gasoline prices surged 5.4cts for the week ended December 5 to $2.208/gallon. This price was 15.5cts higher than for the same week in 2015.
In the East Coast PADD 1, prices for gasoline rose 6.7cts to $2.231/gallon. This price was 15.7cts higher than last year’s price. Prices increased 4.4cts in New England to $2.236/gallon. Central Atlantic market prices rose by 5.6cts to $2.34/gallon. Prices in the Lower Atlantic market jumped 8cts to bring prices to an average of $2.147/gallon. Last week’s gasoline pump price in the Lower Atlantic market was 16.4cts higher than it was a year ago.
In the Midwest PADD 2 market, gasoline prices rose 6.8cts to average $2.107/gallon. Gasoline pump prices were 21.7cts higher than they were one year ago.
In the Gulf Coast PADD 3 market, prices increased 7.3cts to average $1.979/gallon. Prices for the week were 16.3cts higher than for the same week in 2015. PADD 3 remained the only PADD where retail gasoline prices were below $2/gallon.
In the Rocky Mountains PADD 4 region, prices declined 2.6cts to average $2.12/gallon. This price was 10.6cts higher than at the same time in 2015.
In the West Coast PADD 5 market, prices were nearly unchanged, edging down 0.1cts to an average pump price of $2.571/gallon. This was 3.4cts higher than at the same time a year ago. Excluding California, prices fell 2.1cts to an average of $2.38/gallon. California prices rose by a penny to reach an average pump price of $2.682/gallon. Los Angeles prices rose 3.4cts to 2.75/gallon. San Francisco pump prices were nearly flat, rising by 0.1cts to average $2.698/gallon, 1.2cts higher than last year’s price. Seattle prices declined by a penny to average $2.566/gallon, 11.8cts higher than prices one year ago.
