Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Pacific Census Division
This dataset tracks average price: automotive diesel fuel (cost per gallon/3.785 liters) in the pacific census division over time.
Latest Value
4.69
Year-over-Year Change
-1.45%
Date Range
1/1/2018 - 6/1/2025
Summary
This economic trend measures the average price of automotive diesel fuel in the Pacific Census Division of the United States. Understanding diesel fuel prices is crucial for policymakers and industry analysts monitoring transportation and energy sector dynamics.
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: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Pacific Census Division tracks the retail cost of diesel fuel in this key West Coast region. This metric provides insight into regional fuel supply, demand, and distribution trends that impact commercial trucking, freight logistics, and consumer prices.
Methodology
The data is collected through surveys of fuel retailers and distributors across the Pacific Division.
Historical Context
Diesel fuel prices are a leading indicator for inflation, transportation costs, and overall economic activity.
Key Facts
- Diesel powers over 90% of commercial freight trucks in the U.S.
- The Pacific Division includes California, Oregon, Washington, and other West Coast states.
- Diesel prices can significantly impact the profitability of logistics companies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of automotive diesel fuel in the Pacific Census Division of the United States.
Q: Why is this trend relevant for users or analysts?
A: Diesel fuel prices are a key input for transportation, logistics, and energy-intensive industries, making this metric crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers and distributors across the Pacific Division.
Q: How is this trend used in economic policy?
A: Diesel fuel prices are monitored by government agencies and economists as an indicator of inflation, transportation costs, and overall economic activity.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Pacific Census Division (APU049074717), retrieved from FRED.