PADD I (East Coast District) Midgrade Reformulated Gas Price
GASMIDREFECW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.62
Year-over-Year Change
2.52%
Date Range
7/3/2006 - 8/25/2025
Summary
The PADD I (East Coast District) Midgrade Reformulated Gas Price tracks the average price of midgrade reformulated gasoline in the East Coast region of the United States. This metric is important for economists and policymakers to monitor fuel costs and assess the impact on consumer spending and inflation.
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 I Midgrade Reformulated Gas Price measures the average wholesale price per gallon of midgrade reformulated gasoline sold in the East Coast region, which includes states from Maine to Florida. Reformulated gasoline is a cleaner-burning fuel mandated in some areas to reduce vehicle emissions.
Methodology
The data is collected and reported weekly by the U.S. Energy Information Administration.
Historical Context
This price trend is closely watched by policymakers, analysts, and businesses to understand fuel market dynamics and the potential impacts on the broader economy.
Key Facts
- Midgrade reformulated gas is a cleaner-burning fuel blend.
- The East Coast region accounts for over a third of U.S. petroleum consumption.
- Gasoline prices can significantly impact consumer spending and inflation.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average wholesale price per gallon of midgrade reformulated gasoline sold in the East Coast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This price metric is closely watched by policymakers, analysts, and businesses to understand fuel market dynamics and the potential impacts on the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and reported weekly by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This price trend is used by economists and policymakers to monitor fuel costs and assess the impact on consumer spending and inflation.
Q: Are there update delays or limitations?
A: The data is reported on a weekly basis with minimal delays.
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Citation
U.S. Federal Reserve, PADD I (East Coast District) Midgrade Reformulated Gas Price (GASMIDREFECW), retrieved from FRED.