PADD III (Gulf Coast District) All Grades All Formulations Gas Price
GASALLGCW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.83
Year-over-Year Change
1.47%
Date Range
6/12/2006 - 8/4/2025
Summary
The 'PADD III (Gulf Coast District) All Grades All Formulations Gas Price' series measures the average retail price of gasoline across the Gulf Coast region, which is a key indicator of energy 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 economic trend represents the average price paid by consumers for all grades and formulations of gasoline sold in the Gulf Coast region, also known as Petroleum Administration for Defense District III (PADD III). It is a widely-tracked metric for evaluating energy market conditions and consumer purchasing power.
Methodology
The data is collected through surveys of gasoline retailers and calculated as a regional average price.
Historical Context
Policymakers and analysts use this metric to assess the impact of energy prices on the broader economy.
Key Facts
- The Gulf Coast region accounts for nearly 50% of total U.S. refining capacity.
- Gasoline prices in the Gulf Coast are typically lower than the national average.
- Fluctuations in this metric can significantly impact household budgets and business costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of all grades and formulations of gasoline sold in the Gulf Coast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The Gulf Coast gasoline price is a key indicator of energy costs and consumer purchasing power, making it relevant for policymakers, economists, and businesses analyzing the broader economic impact of energy prices.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers and calculated as a regional average price.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the impact of energy prices on the broader economy, including consumer spending and business costs.
Q: Are there update delays or limitations?
A: The data is published weekly with no significant update delays, providing timely insights into regional energy market conditions.
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Citation
U.S. Federal Reserve, PADD III (Gulf Coast District) All Grades All Formulations Gas Price (GASALLGCW), retrieved from FRED.