Fuel Prices Are Dropping Again: The Silver Lining of 2013

Fuel Tenders (Photo credit: Tabbymom Jen)

No one I know was excited to get their truck or autohauler back on the road today. It is the day after New Years and the Holiday season has ended. Wednesday, to many, is like a Monday....but wait.

I have the first silver lining of 2013 (where did 2012 go?). Fuel prices dropped again.

	12/17/12	12/24/12	12/31/12		week ago	year ago
U.S.	3.945	3.923	3.918		-0.005	0.135
East Coast (PADD1)	4.027	4.006	4.006		0.000	0.162
New England (PADD1A)	4.155	4.153	4.154		0.001	0.181
Central Atlantic (PADD1B)	4.134	4.112	4.105		-0.007	0.173
Lower Atlantic (PADD1C)	3.923	3.899	3.904		0.005	0.150
Midwest (PADD2)	3.918	3.893	3.885		-0.008	0.202
Gulf Coast (PADD3)	3.847	3.833	3.830		-0.003	0.121
Rocky Mountain (PADD4)	3.866	3.791	3.746		-0.045	-0.090
West Coast (PADD5)	3.997	3.989	3.991		0.002	0.012
West Coast less California	3.933	3.915	3.928		0.013	0.028
California	4.051	4.052	4.045		-0.007	-0.001

*prices include all taxes

Well overall they dropped except in a few markets. Yes the economy is slower BUT the fear of inflation sending fuel prices soaring was very high in 2012. So, this is a bright spot. It does not mean recovery but low fuel prices can help.

 Related articles

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• U.S. West Coast Gasoline Weakens After Increase in Inventories - Bloomberg
• Connecticut Gas Prices Among Nation's Highest
• Midwest Gasoline at 22-Year Low as Refiners Boost Runs - Bloomberg
• New Flight To Be Added?
• Gasoline Reverses Drop on Hess Port Reading Power Loss - Bloomberg
• A Glimpse of New Years Gold Prices Since 2001 - Special Report by Gold Price

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