PADD I (East Coast District) Regular All Formulations Gas Price
Weekly
GASREGECW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.99
Year-over-Year Change
0.37%
Date Range
7/3/2006 - 8/25/2025
Summary
The Weekly series measures the average price of regular-grade gasoline in the United States. This key indicator provides insight into consumer spending and energy market trends.
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 Weekly series tracks the average retail price of regular-grade gasoline across the U.S. on a weekly basis. This data point is a crucial economic indicator, as fluctuations in gas prices can significantly impact consumer behavior and broader market dynamics.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration through surveys of gasoline retailers nationwide.
Historical Context
Analysts and policymakers monitor this series to assess the state of the energy sector and its effects on the broader economy.
Key Facts
- The all-time high weekly average gas price was $4.71 in June 2022.
- Gasoline accounts for a significant portion of many households' budgets.
- Rapid changes in gas prices can impact consumer confidence and spending.
FAQs
Q: What does this economic trend measure?
A: The Weekly series tracks the average retail price of regular-grade gasoline across the United States on a weekly basis.
Q: Why is this trend relevant for users or analysts?
A: Fluctuations in gas prices can significantly impact consumer behavior and broader economic conditions, making this a crucial indicator for analysts and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration through surveys of gasoline retailers nationwide.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this series to assess the state of the energy sector and its effects on the broader economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The Weekly series is published on a regular basis, with minimal delays, providing timely data on gasoline prices.
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Citation
U.S. Federal Reserve, Weekly (GASREGECW), retrieved from FRED.