PADD V (West Coast District) All Grades Conventional Gas Price
Monthly
GASALLCOVWCM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.02
Year-over-Year Change
1.75%
Date Range
1/1/1995 - 8/1/2025
Summary
The 'Monthly' series tracks the average cost per gallon of all grades of gasoline sold at retail outlets across the United States. This key metric provides insights into consumer spending and energy market trends.
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 'Monthly' series represents the national average retail price of all grades of regular, midgrade, and premium gasoline sold in the United States. It is a widely followed indicator of energy costs and a critical input for economic analysis and policymaking.
Methodology
The data is collected by the U.S. Energy Information Administration through a nationwide survey of fuel retailers.
Historical Context
This gasoline price trend is closely monitored by government agencies, economists, and consumers to assess the impact of energy costs on the broader economy.
Key Facts
- The 'Monthly' series dates back to 1990.
- Gasoline accounts for a significant portion of many household budgets.
- Prices are influenced by global crude oil markets, refining capacity, and seasonal demand.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' series tracks the national average retail price per gallon of all grades of gasoline sold in the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a critical input for economic analysis, as they impact consumer spending, inflation, and broader energy market dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration through a nationwide survey of fuel retailers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this gasoline price trend to assess the impact of energy costs on the broader economy and make informed decisions.
Q: Are there update delays or limitations?
A: The 'Monthly' series is published with a short lag, reflecting the time required to collect and aggregate the nationwide data.
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Citation
U.S. Federal Reserve, Monthly (GASALLCOVWCM), retrieved from FRED.