Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Mountain Census Division
This dataset tracks average price: automotive diesel fuel (cost per gallon/3.785 liters) in the mountain census division over time.
Latest Value
3.41
Year-over-Year Change
-5.96%
Date Range
1/1/2018 - 6/1/2025
Summary
This series tracks the average price per gallon of automotive diesel fuel in the Mountain Census Division, a key indicator for the regional transportation and logistics industries.
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 Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Mountain Census Division measures the retail price of diesel fuel for vehicles in this geographic region. This data is widely used by policymakers, economists, and industry analysts to understand trends in transportation costs and fuel price inflation.
Methodology
The data is collected through a nationwide survey of fuel retailers by the U.S. Energy Information Administration.
Historical Context
Diesel fuel prices are a critical input for the logistics, transportation, and manufacturing sectors, so this trend provides important context for economic activity and policy decisions.
Key Facts
- Diesel is the most commonly used fuel for commercial vehicles in the U.S.
- The Mountain Census Division includes Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming.
- Diesel prices can significantly impact the operating costs of the trucking and logistics industries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per gallon of automotive diesel fuel in the Mountain Census Division of the United States.
Q: Why is this trend relevant for users or analysts?
A: Diesel fuel prices are a critical input cost for the transportation, logistics, and manufacturing sectors, so this trend provides important insights into regional economic activity and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of fuel retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the impact of fuel prices on consumer spending, transportation costs, and the broader economy.
Q: Are there update delays or limitations?
A: The data is published weekly with a short delay, and may not capture rapid or localized price fluctuations.
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Citation
U.S. Energy Information Administration, Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Mountain Census Division (APU048074717), retrieved from FRED.