PADD V (West Coast District) Diesel Sales Price
This dataset tracks padd v (west coast district) diesel sales price over time.
Latest Value
4.51
Year-over-Year Change
2.01%
Date Range
4/1/1994 - 7/1/2025
Summary
The PADD V (West Coast District) Diesel Sales Price measures the average retail price of diesel fuel in the western U.S. region. This metric is crucial for understanding trends in transportation costs and the regional energy market.
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 PADD V Diesel Sales Price tracks the average price that consumers pay for diesel fuel at the pump in the western states, including California, Oregon, Washington, Nevada, and others. This data point is used by policymakers, businesses, and analysts to gauge the state of the diesel fuel market and its impact on the broader economy.
Methodology
The data is collected through surveys of retail fuel stations and calculated as a regional average price.
Historical Context
Diesel fuel prices are a key input for freight, logistics, and other transportation-reliant industries, making this metric highly relevant for economic policy and market analysis.
Key Facts
- Diesel accounts for over 25% of total U.S. transportation fuel consumption.
- The West Coast region represents nearly 20% of total U.S. diesel sales.
- Diesel prices can significantly impact the profitability of trucking, shipping, and logistics companies.
FAQs
Q: What does this economic trend measure?
A: The PADD V Diesel Sales Price measures the average retail price of diesel fuel in the western United States, including states like California, Oregon, and Washington.
Q: Why is this trend relevant for users or analysts?
A: Diesel fuel prices are a crucial input cost for transportation-dependent industries, so this metric helps policymakers, businesses, and analysts understand regional energy market dynamics and their impact on the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail fuel stations and calculated as a regional average price.
Q: How is this trend used in economic policy?
A: Diesel fuel prices are closely monitored by policymakers and economists as they can significantly impact the costs and profitability of key industries like freight, logistics, and manufacturing.
Q: Are there update delays or limitations?
A: The PADD V Diesel Sales Price data is published regularly by the U.S. Federal Reserve with minimal delays, providing timely insights into this important regional energy market.
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Citation
U.S. Federal Reserve, PADD V (West Coast District) Diesel Sales Price (GASDESWCM), retrieved from FRED.