Retail · $/gal
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Where the pump is heading — wholesale leads retail, rockets up and feathers down.
A continuous nowcast of the US retail pump price. Updating in real time from wholesale gasoline and crude, GASNOW runs the pass-through that moves the pump to answer a simple question: where is the pump price heading before the EIA prints it?
Three years of the pump price tracking wholesale gasoline. The gap between them is the move still working its way to the pump.
The pump rises faster than it falls — the classic "rockets and feathers" pattern. We measure how much a wholesale move feeds into the pump on the way up versus the way down, from 16 years of data.
Wholesale gasoline and crude oil move first; the pump follows over the next couple of weeks. The "yet to reach pump" figure is how much of the latest move hasn't shown up at the pump yet.
When the pump drifts from where wholesale says it should sit, it gets pulled back — and it settles to the official EIA price each week. Typical 1-week miss ≈ –.
Gas is the most-felt price in the economy — and the official number lands once a week, already stale. Wholesale moves first; the pump follows over days. In between, you’re reading last week’s average.
So the price everyone sees at the corner is always a few days behind the price that’s actually coming.
GASNOW reads wholesale gasoline and crude and tracks how they flow through to the pump — rising fast, falling slow — to forecast the retail price before the EIA reports it. A live pump-price gauge that shows the move still on its way.