PADD I (East Coast District) No 2 Diesel Ultra Low Sulfur (0-15 ppm) Sales Price
Monthly
GASDESLSECM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.76
Year-over-Year Change
-0.45%
Date Range
2/1/2007 - 8/1/2025
Summary
The 'Monthly' series tracks the monthly average retail price of regular grade gasoline in the United States. This metric is a key economic indicator that reflects consumer spending and energy market 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 'Monthly' series provides the average price per gallon of regular grade gasoline sold at retail outlets across the U.S. This data is widely used by economists, policymakers, and consumers to monitor fuel costs, gauge consumer purchasing power, and analyze broader energy market trends.
Methodology
The U.S. Energy Information Administration collects and reports this data based on surveys of thousands of retail gasoline stations nationwide.
Historical Context
Gasoline prices are a closely watched economic indicator that can influence consumer behavior, inflation, and transportation costs.
Key Facts
- The U.S. consumed over 142 billion gallons of gasoline in 2021.
- Gasoline prices reached a record high of $4.71 per gallon in June 2022.
- Transportation accounts for nearly 30% of total U.S. energy consumption.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' series tracks the average retail price of regular grade gasoline sold at fuel stations across the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a critical economic indicator that reflect consumer purchasing power, energy market conditions, and transportation costs.
Q: How is this data collected or calculated?
A: The U.S. Energy Information Administration collects this data through surveys of thousands of retail gasoline stations nationwide.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor inflation, consumer spending, and the broader energy market when making economic decisions.
Q: Are there update delays or limitations?
A: The 'Monthly' series is updated on a regular schedule with a brief delay, and may not capture short-term price fluctuations.
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Citation
U.S. Energy Information Administration, Monthly (GASDESLSECM), retrieved from FRED.