Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast
WJFUELUSGULF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.19
Year-over-Year Change
16.59%
Date Range
6/9/2006 - 8/1/2025
Summary
The 'Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast' trend measures the weekly average price of jet fuel in the U.S. Gulf Coast region. This data is closely monitored by economists and policymakers to assess the economic health of the aviation industry.
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 economic indicator tracks the wholesale price of kerosene-based jet fuel across the U.S. Gulf Coast, a major hub for energy refining and distribution. The data is used to analyze trends in jet fuel costs, which significantly impact airline profitability and the broader transportation sector.
Methodology
The data is collected through weekly surveys of refiners, marketers, and terminals.
Historical Context
Jet fuel prices are a key input for the aviation industry and can influence decisions around air travel, freight, and policy.
Key Facts
- The U.S. Gulf Coast is a major hub for jet fuel production and distribution.
- Jet fuel accounts for 10-15% of an airline's operating costs.
- Volatile fuel prices can significantly impact airline profitability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the weekly average wholesale price of kerosene-based jet fuel in the U.S. Gulf Coast region.
Q: Why is this trend relevant for users or analysts?
A: Jet fuel prices are a key input for the aviation industry and can significantly impact airline profitability and the broader transportation sector.
Q: How is this data collected or calculated?
A: The data is collected through weekly surveys of refiners, marketers, and terminals in the U.S. Gulf Coast region.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor jet fuel prices to assess the economic health of the aviation industry and inform decisions around air travel, freight, and related policies.
Q: Are there update delays or limitations?
A: The data is released on a weekly basis with minimal delays, providing timely information on jet fuel price trends.
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Citation
U.S. Federal Reserve, Kerosene-Type Jet Fuel Prices: U.S. Gulf Coast (WJFUELUSGULF), retrieved from FRED.