PADD III (Gulf Coast District) Regular Conventional Gas Price
Monthly
GASREGCOVGCM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.71
Year-over-Year Change
-8.93%
Date Range
6/1/1992 - 8/1/2025
Summary
The 'Monthly' trend measures the average price of regular grade gasoline in the United States. This metric is crucial for understanding consumer spending and inflationary pressures in the economy.
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' trend represents the average price per gallon of regular grade gasoline across the United States. It is a key indicator of energy costs and consumer purchasing power, as gasoline expenditures make up a significant portion of household budgets.
Methodology
The data is collected by the U.S. Energy Information Administration through surveys of gasoline retailers.
Historical Context
Policymakers and economists closely monitor this trend to assess the state of the economy and make informed decisions.
Key Facts
- The average price of regular gasoline in the U.S. hit a record high of $4.71 per gallon in June 2022.
- Gasoline expenditures account for approximately 3-4% of total consumer spending in the U.S.
- The 'Monthly' trend is published by the U.S. Energy Information Administration on a weekly basis.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend measures the average price per gallon of regular grade gasoline across the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding consumer spending and inflationary pressures, as gasoline expenditures make up a significant portion of household budgets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration through surveys of gasoline retailers.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the state of the economy and make informed decisions.
Q: Are there update delays or limitations?
A: The 'Monthly' trend is published by the U.S. Energy Information Administration on a weekly basis, with minimal delays.
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Citation
U.S. Federal Reserve, Monthly (GASREGCOVGCM), retrieved from FRED.