PADD III (Gulf Coast District) Premium All Formulations Gas Price
GASPRMGCM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.55
Year-over-Year Change
-6.41%
Date Range
12/1/1994 - 8/1/2025
Summary
The PADD III (Gulf Coast District) Premium All Formulations Gas Price tracks the average retail price of premium gasoline in the Gulf Coast region. This metric is closely monitored by policymakers and analysts to understand fuel market dynamics and consumer behavior.
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 III (Gulf Coast District) Premium All Formulations Gas Price represents the average price per gallon of premium-grade gasoline sold to consumers in the Gulf Coast region, which includes Texas, Louisiana, Mississippi, Alabama, and Florida. This data point is used to analyze regional price trends and benchmark against national averages.
Methodology
The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Historical Context
The premium gasoline price in the Gulf Coast is a key indicator for policymakers and industry analysts to assess the overall health of the U.S. fuel market.
Key Facts
- The Gulf Coast region accounts for over 50% of U.S. refining capacity.
- Premium gasoline typically costs 20-30 cents more per gallon than regular grade.
- Prices in the Gulf Coast are often lower than the national average due to the region's large refining presence.
FAQs
Q: What does this economic trend measure?
A: The PADD III (Gulf Coast District) Premium All Formulations Gas Price tracks the average retail price of premium gasoline sold to consumers in the Gulf Coast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely monitored by policymakers, industry analysts, and consumers to understand regional fuel market dynamics and price trends compared to the national average.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: The premium gasoline price in the Gulf Coast is a key indicator for policymakers and analysts to assess the overall health of the U.S. fuel market and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 weeks after the end of the reporting period.
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Citation
U.S. Federal Reserve, PADD III (Gulf Coast District) Premium All Formulations Gas Price (GASPRMGCM), retrieved from FRED.