Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in Size Class A
APUS00072511 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.57
Year-over-Year Change
-3.43%
Date Range
1/1/1987 - 6/1/2025
Summary
This economic trend measures the average retail price of fuel oil #2 per gallon (3.785 liters) for size class A. It provides valuable insights into energy costs and consumer spending patterns.
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: Fuel Oil #2 per Gallon (3.785 Liters) in Size Class A is a key indicator of heating oil and diesel fuel prices for residential and commercial consumers. It is widely used by economists, policymakers, and market analysts to assess energy inflation and its impact on household budgets and business operations.
Methodology
The data is collected through surveys of fuel oil retailers across the United States.
Historical Context
This trend is a critical input for understanding consumer behavior, inflation dynamics, and the overall health of the energy sector.
Key Facts
- Fuel oil #2 is a common heating and diesel fuel in the United States.
- Size class A refers to the smallest volume category for residential and commercial fuel oil sales.
- Prices for this fuel type can significantly impact household budgets and business costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of fuel oil #2 per gallon (3.785 liters) for the smallest volume sales category, known as size class A.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into energy costs and consumer spending patterns, which are crucial for understanding inflation dynamics, household budgets, and the overall health of the energy sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel oil retailers across the United States.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to assess energy inflation and its impact on consumer behavior, business operations, and the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the Federal Reserve's data collection process.
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Citation
U.S. Federal Reserve, Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in Size Class A (APUS00072511), retrieved from FRED.