PADD I (East Coast District) All Grades Conventional Gas Price
This dataset tracks padd i (east coast district) all grades conventional gas price over time.
Latest Value
3.07
Year-over-Year Change
-0.20%
Date Range
11/28/1994 - 8/18/2025
Summary
The 'PADD I (East Coast District) All Grades Conventional Gas Price' measures the average retail price of all grades of conventional gasoline sold in the East Coast region of the United States. This metric is important for tracking fuel costs and consumer spending.
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
This series represents the average price per gallon of all conventional gasoline grades, including regular, midgrade, and premium, sold at retail outlets in the East Coast region known as Petroleum Administration for Defense District I (PADD I). It is a key indicator of energy and transportation costs for consumers and businesses in the Northeastern United States.
Methodology
The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Historical Context
Policymakers and market analysts use this data to assess economic conditions and the impact of fuel prices on consumer behavior and inflation.
Key Facts
- Prices are reported in US dollars per gallon.
- Data is released weekly by the EIA.
- PADD I covers the Northeastern United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of all grades of conventional gasoline sold in the East Coast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for tracking fuel costs and consumer spending, as gasoline prices have a significant impact on household budgets and business operations in the Northeastern U.S.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this data to assess economic conditions and the impact of fuel prices on consumer behavior and inflation.
Q: Are there update delays or limitations?
A: The data is released weekly by the EIA with minimal delay.
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Citation
U.S. Federal Reserve, PADD I (East Coast District) All Grades Conventional Gas Price (GASALLCOVECW), retrieved from FRED.