US All Grades Conventional Gas Price
GASALLCOVM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.12
Year-over-Year Change
-7.74%
Date Range
12/1/1994 - 8/1/2025
Summary
The US All Grades Conventional Gas Price measures the average price of regular grade conventional gasoline across the United States. This key energy price metric is closely watched by economists and policymakers to assess consumer purchasing power and the state of the broader economy.
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 US All Grades Conventional Gas Price tracks the average price paid by consumers for regular grade conventional gasoline nationwide. It is an important indicator of energy costs and inflation that can impact consumer spending, business operations, and broader macroeconomic conditions.
Methodology
The data is collected through surveys of gasoline retailers and service stations across the US.
Historical Context
This price series is used by the Federal Reserve, government agencies, and market analysts to monitor energy inflation and its effects on the overall economy.
Key Facts
- Gasoline accounts for a significant portion of household budgets.
- Prices can fluctuate widely due to global supply and demand factors.
- The data is released weekly by the U.S. Energy Information Administration.
FAQs
Q: What does this economic trend measure?
A: The US All Grades Conventional Gas Price measures the average retail price paid by consumers for regular grade conventional gasoline across the United States.
Q: Why is this trend relevant for users or analysts?
A: This price series is a key indicator of energy costs and consumer inflation that can impact household budgets, business operations, and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers and service stations across the United States.
Q: How is this trend used in economic policy?
A: The Federal Reserve, government agencies, and market analysts use this price series to monitor energy inflation and its effects on the overall economy.
Q: Are there update delays or limitations?
A: The data is released weekly by the U.S. Energy Information Administration with minimal delays.
Related Trends
Average Price: Bologna, All Beef or Mixed (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400705121
Average Price: Rolls, Hamburger (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200702221
Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Chicago-Naperville-Elgin, IL-IN-WI (CBSA)
APUS23A74714
Average Price: Utility (Piped) Gas - 40 Therms in City - Size Class B
APUB00072601
Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in Cleveland-Akron, OH (CBSA)
APUA21072511
Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in Size Class D
APUD00074712
Citation
U.S. Federal Reserve, US All Grades Conventional Gas Price (GASALLCOVM), retrieved from FRED.