Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Size Class A
This dataset tracks average price: gasoline, unleaded regular (cost per gallon/3.785 liters) in size class a over time.
Latest Value
3.49
Year-over-Year Change
-7.99%
Date Range
1/1/1987 - 6/1/2025
Summary
This economic trend measures the average price of unleaded regular gasoline in the United States, converted to cost per gallon. It is a key indicator of consumer energy costs and a factor in broader inflation 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: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Size Class A trend represents the average retail price paid by consumers for a gallon of unleaded regular gasoline across the country. This data series is widely tracked by economists, policymakers, and the public to assess household energy expenses and the broader inflationary environment.
Methodology
The data is collected through surveys of gasoline retailers by the U.S. Energy Information Administration.
Historical Context
Gasoline prices are closely monitored for their impact on consumer spending, business costs, and overall economic activity.
Key Facts
- Gasoline is the most widely used transportation fuel in the United States.
- Prices can fluctuate significantly based on global crude oil markets, refinery capacity, and seasonal demand.
- Changes in gasoline prices impact household budgets and business operating costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by consumers for a gallon of unleaded regular gasoline across the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key component of household and business costs, and changes can have significant impacts on consumer spending, inflation, and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Gasoline prices are closely monitored by policymakers, economists, and market analysts to assess the broader inflationary environment and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released weekly with a brief delay, and may not capture rapid, short-term price fluctuations.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Size Class A (APUS00074714), retrieved from FRED.