Average Price: Gasoline, Leaded Premium (Cost per Gallon/3.8 Liters) in San Francisco-Oakland-Hayward, CA (CBSA)
This dataset tracks average price: gasoline, leaded premium (cost per gallon/3.8 liters) in san francisco-oakland-hayward, ca (cbsa) over time.
Latest Value
1.40
Year-over-Year Change
8.97%
Date Range
1/1/1978 - 2/1/1981
Summary
This economic trend measures the average price of leaded premium gasoline per gallon in the San Francisco-Oakland-Hayward metropolitan area. Gasoline prices are a key indicator of consumer costs and energy market conditions.
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, Leaded Premium (Cost per Gallon/3.8 Liters) in San Francisco-Oakland-Hayward, CA (CBSA) series tracks the average retail price paid by consumers for this fuel type in the specified geographic region. This data is used by economists and policymakers to analyze consumer behavior, inflation, and the broader energy market.
Methodology
The data is collected through a monthly survey of fuel retailers in the region.
Historical Context
Gasoline prices influence consumer spending, transportation costs, and broader economic conditions.
Key Facts
- San Francisco has some of the highest gasoline prices in the U.S.
- Leaded premium gas is a specialty fuel type with additional refining.
- Prices can fluctuate based on global oil markets, regional supply, and seasonal demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by consumers for leaded premium gasoline per gallon in the San Francisco-Oakland-Hayward metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of consumer costs, transportation expenses, and broader economic conditions, making this data relevant for economists, policymakers, and the general public.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of fuel retailers in the San Francisco-Oakland-Hayward region.
Q: How is this trend used in economic policy?
A: Gasoline prices influence consumer spending, transportation costs, and broader economic conditions, so this data is used by economists and policymakers to analyze market trends and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, so there may be a delay of several weeks between the end of the reference period and the public release of the information.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Leaded Premium (Cost per Gallon/3.8 Liters) in San Francisco-Oakland-Hayward, CA (CBSA) (APUS49B74713), retrieved from FRED.