September 2024 Gas Value Replace: Momentary Will increase Throughout A number of Areas – Gas

Fuel costs see a short lived enhance, with minor modifications in a number of areas. In response to U.S. Power Info Administration (EIA) knowledge, the nationwide value for a gallon of fuel has been nearly unchanged since final week, holding up at $3.18.

The nationwide common is down 13 cents from a month in the past and is about 65 cents per gallon decrease than a yr in the past, based on EIA knowledge.

“With oil costs leaping after the U.S. Federal Reserve reduce rates of interest by a larger-than-expected half %, we have seen some states the place fuel costs have inched again up, whereas others have continued to say no,” GasBuddy Head of Petroleum Evaluation Patrick De Haan stated.

Most of those will increase ought to be momentary, with declines anticipated to return within the days and weeks forward, he continued. For areas that had been overlooked of the latest drops, like California, Nevada, and western Arizona, refinery points are enhancing, and fuel costs ought to begin transferring decrease.

Diesel costs see a rise within the fourth week of September. Take a look at Work Truck to see which area has the bottom costs.

U.S. Regional Gasoline Costs as of September 23, 2024

This is a have a look at costs by area based on EIA knowledge, as of Sept. 23:

• East Coast: $3.05
• Midwest: $3.07
• Gulf Coast: $2.73
• Rocky Mountain: $3.43
• West Coast: $4.11

During the last week, the Midwest area noticed the best value enhance with a change of seven cents. The East Coast area noticed the best lower week-over-week, with costs lowering by 3 cents.

This is an inventory of the ten lowest common costs per gallon, based on AAA knowledge as of Sept. 23:

Mississippi has maintained the bottom value for a gallon of fuel (at the moment $2.71) all through September. Texas, Tennessee, and Louisiana comply with carefully behind at $2.78.

U.S. Regional Gasoline Costs as of September 16, 2024

Fuel costs proceed to say no steadily, with most areas affected by the downward development. In response to U.S. Power Info Administration (EIA) knowledge, the nationwide value for a gallon of fuel has dropped to $3.18, which is 5 cents lower than final week.

The nationwide common is down 20 cents from a month in the past and is about 69 cents per gallon decrease than a yr in the past, based on EIA knowledge.

“With the change to winter gasoline occurring at this time at most stations throughout the nation, the outlook is brilliant for the nationwide common to proceed to make a run at falling to $2.99 per gallon for the primary time since 2021,” Haan stated.

Whereas practically all states are seeing costs drop, refinery upkeep and a few outages at California refineries have led to tight provide and rising costs within the area.

Diesel costs are additionally experiencing a lower. Take a look at Work Truck to see which area has the bottom costs.

This is a have a look at costs by area based on EIA knowledge, as of Sept. 16:

• East Coast: $3.08
• Midwest: $3.00
• Gulf Coast: $2.72
• Rocky Mountain: $3.40
• West Coast: $4.13

During the last week, the Rocky Mountain and West Coast areas noticed a rise in costs. The Midwest area noticed the best lower week-over-week, with costs lowering by 9 cents.

This is an inventory of the ten lowest common costs per gallon, based on AAA knowledge as of Sept. 16:

Mississippi and Texas supply the most cost effective value for a gallon of fuel ($2.73), with South Carolina ($2.74) following shut behind. AAA information point out that costs in 17 states fall below $3 per gallon.

U.S. Regional Gasoline Costs as of September 9, 2024

Fuel costs proceed to fall for the sixth straight week, with most areas throughout the nation experiencing the decline. In response to U.S. Power Info Administration (EIA) knowledge, the nationwide value for a gallon of fuel has dipped to $3.23, which is 5 cents lower than final week.

The nationwide common is down 18 cents from a month in the past and is about 58 cents per gallon decrease than a yr in the past, based on EIA knowledge. 

“Fuel costs have dropped to their lowest since [last] winter,” De Haan stated.

Fuel costs will proceed to drop as People drive much less with the onset of fall, De Haan continued. The nationwide common might fall beneath $3 per gallon as early as October for the primary time since 2021.

Diesel costs are the bottom they have been since early 2022. Take a look at Work Truck to see which area has the bottom costs.

This is a have a look at costs by area based on EIA knowledge, as of Sept. 9:

• East Coast: $3.14
• Midwest: $3.09
• Gulf Coast: $2.80
• Rocky Mountain: $3.35
• West Coast: $4.10

During the last week, costs within the West Coast area noticed a minor enhance, which didn’t have an effect on the general common. The East Coast area noticed the best lower week-over-week, with costs lowering by 8 cents.

This is an inventory of the ten lowest common costs per gallon, based on AAA knowledge as of Sept. 9:

Mississippi maintains the most cost effective value for a gallon of fuel. AAA information point out that costs in 11 states fall below $3 per gallon, with the potential of the nationwide common following go well with within the coming weeks.

U.S. Regional Gasoline Costs as of September 2, 2024

To start out off September, costs on the pump are down in a number of areas for the fifth straight week. The nationwide common value of gasoline dropped about 3 cents within the final week to $3.28, based on U.S. Power Info Administration (EIA) knowledge. Costs year-over-year are down 51 cents.

The decline is a byproduct of seasonal tendencies as we transition from summer time to fall, based on De Haan. A continued drop may be as a result of changeover to cheaper winter gasoline solely two weeks away.

“So long as we do not see a serious hurricane head into the Gulf and the state of affairs improves within the Center East, the nationwide common might fall beneath $3 within the subsequent two months,” De Haan stated.

Diesel costs fell once more this week however might rise with winter rising nearer. Take a look at Work Truck to see which area has the bottom costs.

This is a have a look at costs by area based on EIA knowledge, as of Sept. 2:

• East Coast: $3.23
• Midwest: $3.17
• Gulf Coast: $2.84
• Rocky Mountain: $3.40
• West Coast: $4.10

During the last week, costs rose within the Rocky Mountain and West Coast areas. The Gulf Coast noticed the best drop in costs, dipping 5 cents.

This is an inventory of the ten lowest common costs per gallon, based on AAA knowledge as of Sept. 2:

Mississippi maintains the most cost effective value for a gallon of fuel. The hole between states falling below $3 per gallon continues to shut, with a 3-cent distinction between Missouri ($2.99) and Kansas ($3.02).