Conventional Gasoline Prices: U.S. Gulf Coast, Regular
Weekly
WGASUSGULF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.14
Year-over-Year Change
7.50%
Date Range
6/30/2006 - 8/22/2025
Summary
The Weekly Gasoline Prices: Gulf Coast (PADD 3) (WGASUSGULF) trend measures the average price of regular gasoline in the U.S. Gulf Coast region. This data point is a key indicator of consumer energy costs and broader economic conditions.
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 Gasoline Prices: Gulf Coast (PADD 3) (WGASUSGULF) series tracks the average price per gallon of regular-grade gasoline in the U.S. Gulf Coast region, which includes Texas, Louisiana, Mississippi, Alabama, and Florida. This metric is closely monitored by economists, policymakers, and market analysts to gauge consumer purchasing power and the broader state of the economy.
Methodology
The data is collected and reported weekly by the U.S. Energy Information Administration.
Historical Context
Fluctuations in this gasoline price index can influence consumer spending, business costs, and policy decisions related to energy and the macroeconomy.
Key Facts
- The Gulf Coast region accounts for nearly 50% of total U.S. refining capacity.
- Gasoline prices in the Gulf Coast are typically lower than the national average.
- Prices can be volatile due to refinery outages, supply chain disruptions, and global oil market dynamics.
FAQs
Q: What does this economic trend measure?
A: The WGASUSGULF series tracks the average price per gallon of regular-grade gasoline in the U.S. Gulf Coast region.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of consumer energy costs and broader economic conditions, influencing spending, business costs, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported weekly by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Fluctuations in this gasoline price index are closely monitored by economists and policymakers to assess consumer purchasing power and the state of the macroeconomy.
Q: Are there update delays or limitations?
A: The data is released weekly, with a brief delay, and can be volatile due to factors like refinery outages and global oil market dynamics.
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Citation
U.S. Federal Reserve, Weekly Gasoline Prices: Gulf Coast (PADD 3) (WGASUSGULF), retrieved from FRED.