PADD I (East Coast District) All Grades All Formulations Gas Price
GASALLECW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.13
Year-over-Year Change
2.25%
Date Range
6/12/2006 - 8/4/2025
Summary
The 'PADD I (East Coast District) All Grades All Formulations Gas Price' series measures the average retail price of gasoline, including all grades and formulations, in the East Coast region of the United States. This metric is a key indicator of energy costs and consumer spending.
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 series represents the average price paid by consumers for regular, midgrade, and premium gasoline blends across the PADD I (East Coast) Petroleum Administration for Defense District. It is a widely-tracked economic indicator used to assess regional fuel market conditions and consumer purchasing power.
Methodology
The data is collected through surveys of gasoline retailers by the U.S. Energy Information Administration.
Historical Context
Policymakers and analysts closely monitor this series to understand the economic impact of energy price fluctuations on households and businesses.
Key Facts
- Gasoline accounts for over 10% of average U.S. household expenditures.
- PADD I covers 18 states from Maine to Florida.
- Prices can vary significantly by region due to factors like supply, taxes, and seasonality.
FAQs
Q: What does this economic trend measure?
A: This series measures the average retail price of all grades and formulations of gasoline sold in the East Coast region of the United States, as defined by the PADD I Petroleum Administration for Defense District.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of energy costs and consumer spending power, as gasoline is a major household expense. Analysts and policymakers use this data to assess regional fuel market conditions and the economic impact of energy price fluctuations.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this series to understand the impact of energy prices on household budgets and consumer spending, which can inform decisions around energy policy, taxation, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is published weekly with a short lag, providing timely insight into regional fuel market conditions. However, it may not capture all price variations at the local level.
Related Trends
Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in the West Census Region - Size Class B
APUB40074712
Global price of Cotton
PCOTTINDUSDM
Average Price: Milk, Fresh, Low-Fat, Reduced Fat, Skim (Cost per Gallon/3.8 Liters) in the West Census Region - Urban
APU0400FJ1101
Average Price: Round Roast, USDA Choice, Boneless (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100703311
Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the South Atlantic Census Division
APU035074717
Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the West Census Region - Size Class B/C
APUN4007471A
Citation
U.S. Federal Reserve, PADD I (East Coast District) All Grades All Formulations Gas Price (GASALLECW), retrieved from FRED.