PADD V (West Coast District) Midgrade Reformulated Gas Price
This dataset tracks padd v (west coast district) midgrade reformulated gas price over time.
Latest Value
4.55
Year-over-Year Change
-6.52%
Date Range
1/2/1995 - 8/4/2025
Summary
The PADD V (West Coast District) Midgrade Reformulated Gas Price tracks the average retail price of midgrade reformulated gasoline in the western United States. This metric is closely monitored by economists and policymakers to assess regional fuel market dynamics.
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 Midgrade Reformulated Gas Price measures the average price per gallon paid by consumers for midgrade reformulated gasoline in the West Coast region of the United States. Reformulated gasoline is a cleaner-burning fuel blend mandated in certain areas to reduce emissions. This price series is a key indicator of energy costs and consumer spending patterns.
Methodology
The data is collected through surveys of retail gasoline stations by the U.S. Energy Information Administration.
Historical Context
Trends in this metric help inform decisions around transportation, energy, and environmental policies.
Key Facts
- The West Coast region accounts for over 25% of total U.S. gasoline consumption.
- Reformulated gasoline typically costs several cents more per gallon than conventional fuel.
- Midgrade gasoline represents about 10-15% of total retail gasoline sales in the U.S.
FAQs
Q: What does this economic trend measure?
A: The PADD V Midgrade Reformulated Gas Price tracks the average retail price of midgrade reformulated gasoline in the western United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely monitored by economists and policymakers to assess regional fuel market dynamics and consumer spending patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail gasoline stations by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Trends in this metric help inform decisions around transportation, energy, and environmental policies.
Q: Are there update delays or limitations?
A: The data is published weekly with minimal delays, providing timely insights into West Coast fuel price dynamics.
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Citation
U.S. Federal Reserve, PADD V (West Coast District) Midgrade Reformulated Gas Price (GASMIDREFWCW), retrieved from FRED.