PADD II (Midwest District) All Grades Reformulated Gas Price
GASALLREFMWM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.49
Year-over-Year Change
-13.07%
Date Range
12/1/1994 - 7/1/2025
Summary
The PADD II (Midwest District) All Grades Reformulated Gas Price tracks the average retail price of reformulated gasoline in the Midwest region of the United States. This metric is closely watched by policymakers and analysts to assess fuel affordability and the state of the Midwest energy market.
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 PADD II All Grades Reformulated Gas Price measures the average price per gallon of reformulated gasoline sold at retail stations across the Midwest region. Reformulated gasoline is a cleaner-burning fuel mandated in certain areas to reduce air pollution. This series provides insights into consumer fuel costs and the dynamics of the Midwest gasoline market.
Methodology
The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Historical Context
Policymakers and market analysts use this price trend to evaluate the economic and environmental impacts of gasoline prices in the Midwest.
Key Facts
- The Midwest region is the second-largest consumer of gasoline in the United States.
- Reformulated gasoline was introduced in the 1990s to reduce vehicle emissions and improve air quality.
- Gasoline prices can significantly impact household budgets and business costs in the Midwest.
FAQs
Q: What does this economic trend measure?
A: The PADD II (Midwest District) All Grades Reformulated Gas Price tracks the average retail price of reformulated gasoline sold in the Midwest region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides important insights into fuel affordability and the dynamics of the Midwest energy market, which is closely watched by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this price trend to evaluate the economic and environmental impacts of gasoline prices in the Midwest region.
Q: Are there update delays or limitations?
A: The data is released weekly by the U.S. Energy Information Administration, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, PADD II (Midwest District) All Grades Reformulated Gas Price (GASALLREFMWM), retrieved from FRED.