Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in U.S. City Average
This dataset tracks average price: gasoline, unleaded premium (cost per gallon/3.785 liters) in u.s. city average over time.
Latest Value
4.16
Year-over-Year Change
-5.64%
Date Range
9/1/1981 - 6/1/2025
Summary
This trend measures the average price of unleaded premium gasoline in the U.S. It is a key economic indicator tracked by policymakers and consumers to understand energy costs and inflation.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in U.S. City Average represents the retail price paid by consumers for a gallon of premium unleaded gasoline across major U.S. cities. It is a widely cited metric for monitoring energy price trends and their impact on the broader economy.
Methodology
The data is collected through surveys of fuel retailers across the country by the U.S. Bureau of Labor Statistics.
Historical Context
Gasoline prices influence consumer spending, transportation costs, and broader inflation, making this metric relevant for policymakers and market analysts.
Key Facts
- Premium gasoline typically costs more than regular due to higher refining standards.
- Gasoline prices have a significant impact on household budgets and consumer confidence.
- Fluctuations in gasoline prices can influence the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded premium gasoline across major U.S. cities, providing insight into energy costs faced by consumers.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key component of consumer inflation and can significantly impact household budgets, transportation costs, and broader economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers across the country by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Fluctuations in gasoline prices are closely monitored by policymakers, as they can influence the Federal Reserve's monetary policy decisions and impact broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published weekly by the U.S. Bureau of Labor Statistics, with a short delay in reporting.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in U.S. City Average (APU000074716), retrieved from FRED.