Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Denver-Aurora-Lakewood, CO (CBSA)
APUS48B74716 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.81
Year-over-Year Change
-3.57%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures the average price of unleaded premium gasoline per gallon in the Denver-Aurora-Lakewood, CO metropolitan area. It provides crucial insights into consumer fuel costs and regional price dynamics.
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: Gasoline, Unleaded Premium metric tracks the typical retail price paid by consumers for premium unleaded gasoline in the Denver-Aurora-Lakewood, Colorado region. This data series is a key indicator for understanding transportation and household expenditures in the local economy.
Methodology
The data is collected through surveys of gas stations and fuel retailers in the Denver metropolitan area.
Historical Context
Policymakers and market analysts use this trend to assess the impacts of factors like supply, demand, and taxes on regional fuel prices.
Key Facts
- Denver's premium gas prices averaged $4.23 per gallon in June 2022.
- Prices have risen over 30% compared to the previous year.
- Gasoline is a major household expense, accounting for 3-5% of monthly budgets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded premium gasoline per gallon in the Denver-Aurora-Lakewood, Colorado metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding consumer fuel costs, transportation expenditures, and regional price dynamics in the Denver economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gas stations and fuel retailers in the Denver metropolitan area.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the impacts of factors like supply, demand, and taxes on regional fuel prices.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely insights into Denver's premium gasoline market.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Denver-Aurora-Lakewood, CO (CBSA) (APUS48B74716), retrieved from FRED.