Conventional Gasoline Prices: New York Harbor, Regular
This dataset tracks conventional gasoline prices: new york harbor, regular over time.
Latest Value
2.11
Year-over-Year Change
-3.35%
Date Range
6/2/1986 - 8/4/2025
Summary
This economic trend measures the average retail price of regular conventional gasoline in the New York Harbor region. It is a key indicator of fuel costs and consumer energy expenditures.
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 Conventional Gasoline Prices: New York Harbor, Regular trend provides timely data on the cost of regular gasoline in this major distribution hub. It is closely watched by analysts, policymakers, and businesses to gauge regional fuel market dynamics and consumer purchasing power.
Methodology
The data is collected through surveys of fuel retailers and distributors by the U.S. Energy Information Administration.
Historical Context
This price series is used to inform energy and economic policy decisions that impact transportation and household budgets.
Key Facts
- New York Harbor is a major petroleum distribution center on the U.S. East Coast.
- Gasoline accounts for over 10% of U.S. household expenditures on average.
- Prices can fluctuate significantly based on global supply, refining capacity, and seasonal demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of regular conventional gasoline sold in the New York Harbor region, a key U.S. fuel distribution hub.
Q: Why is this trend relevant for users or analysts?
A: The New York Harbor gasoline price is a crucial indicator of energy costs and consumer purchasing power, informing decisions by policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The U.S. Energy Information Administration collects this data through surveys of fuel retailers and distributors in the New York Harbor region.
Q: How is this trend used in economic policy?
A: This price series is closely monitored by government and industry to assess the impact of energy costs on the broader economy, informing policy decisions related to transportation, consumer spending, and inflation.
Q: Are there update delays or limitations?
A: The data is published weekly with minimal delay, providing timely insight into regional fuel market conditions. However, it may not fully capture hyper-local variations in gasoline prices.
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Citation
U.S. Federal Reserve, Conventional Gasoline Prices: New York Harbor, Regular (DGASNYH), retrieved from FRED.