PADD V (West Coast District) Regular Conventional Gas Price
This dataset tracks padd v (west coast district) regular conventional gas price over time.
Latest Value
3.92
Year-over-Year Change
-0.51%
Date Range
5/11/1992 - 8/25/2025
Summary
The 'PADD V (West Coast District) Regular Conventional Gas Price' tracks the average retail price of regular grade conventional gasoline in the western U.S. This key energy market indicator helps economists and policymakers understand consumer behavior and inflationary pressures.
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
This data series represents the average price, in dollars per gallon, of regular grade conventional gasoline across the West Coast region, also known as PADD V. It is a widely referenced metric for monitoring fuel costs and consumer purchasing power in a major U.S. economic region.
Methodology
The data is collected through surveys of gasoline retailers by the U.S. Energy Information Administration.
Historical Context
This price index is used by analysts to assess the impacts of energy market dynamics and policy changes on households and businesses.
Key Facts
- Gasoline is a major household expense, accounting for around 3% of consumer spending.
- Prices in PADD V, the West Coast district, are typically higher than the national average.
- Gasoline prices can significantly impact broader consumer price inflation.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the average retail price of regular grade conventional gasoline in the West Coast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of consumer purchasing power and inflationary pressures, making this data important for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Energy Information Administration collects this data through surveys of gasoline retailers across the West Coast region.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this price index to assess the impacts of energy market dynamics and policy changes on households and businesses in the western United States.
Q: Are there update delays or limitations?
A: The data is published weekly with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, PADD V (West Coast District) Regular Conventional Gas Price (GASREGCOVWCW), retrieved from FRED.