PADD II (Midwest District) Midgrade Reformulated Gas Price
GASMIDREFMWW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.91
Year-over-Year Change
0.49%
Date Range
7/3/2006 - 8/25/2025
Summary
The PADD II (Midwest District) Midgrade Reformulated Gas Price tracks the average price of midgrade reformulated gasoline in the Midwest region of the United States. This metric is crucial for understanding energy costs and consumer spending patterns.
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 II Midgrade Reformulated Gas Price represents the average price per gallon for midgrade reformulated gasoline in the Midwest region, one of the five Petroleum Administration for Defense Districts (PADDs) used to track and analyze U.S. petroleum supply and demand. This data helps analysts and policymakers assess regional fuel price trends and their impact on the broader economy.
Methodology
The data is collected and reported by the U.S. Energy Information Administration (EIA) through surveys of retail gasoline stations.
Historical Context
This price trend is closely monitored by energy analysts, market participants, and policymakers to gauge regional fuel price dynamics and their effects on consumer behavior and broader economic conditions.
Key Facts
- The Midwest region accounts for over 20% of total U.S. gasoline consumption.
- Reformulated gasoline is a cleaner-burning fuel required in certain urban areas to reduce air pollution.
- Midgrade gasoline typically contains between 88 and 90 octane, a middle ground between regular and premium.
FAQs
Q: What does this economic trend measure?
A: The PADD II Midgrade Reformulated Gas Price tracks the average price per gallon of midgrade reformulated gasoline in the Midwest region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding energy costs and consumer spending patterns in the Midwest, a major driver of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Energy Information Administration (EIA) through surveys of retail gasoline stations.
Q: How is this trend used in economic policy?
A: This price trend is closely monitored by energy analysts, market participants, and policymakers to gauge regional fuel price dynamics and their effects on consumer behavior and broader economic conditions.
Q: Are there update delays or limitations?
A: The EIA publishes this data on a weekly basis, with a typical 1-2 week delay before the latest figures are available.
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Citation
U.S. Federal Reserve, PADD II (Midwest District) Midgrade Reformulated Gas Price (GASMIDREFMWW), retrieved from FRED.