PADD IV (Rocky Mountain District) All Grades Conventional Gas Price
Monthly
GASALLCOVRMM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.31
Year-over-Year Change
-7.07%
Date Range
12/1/1994 - 8/1/2025
Summary
The 'Monthly' economic trend, identified by the Series ID GASALLCOVRMM, measures the average price of all grades of gasoline sold through retail outlets in the United States. This data is crucial for understanding energy costs and consumer 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 'Monthly' trend represents the national average retail price of gasoline in the U.S., including all grades and formulations. This metric is widely used by policymakers, analysts, and the public to gauge energy price pressures and their impact on the broader economy.
Methodology
The data is collected through a survey of retail gasoline outlets by the U.S. Energy Information Administration.
Historical Context
Gasoline prices are a key input for policies related to energy, transportation, and consumer spending.
Key Facts
- The all-grades gasoline price averaged $3.51 per gallon in 2022.
- Gasoline prices reached a record high of $4.71 per gallon in June 2022.
- Gasoline is a major component of the Consumer Price Index (CPI)
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend measures the average retail price of all grades of gasoline sold through outlets in the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of energy costs and consumer price dynamics, making this trend highly relevant for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail gasoline outlets by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Gasoline prices are a crucial input for policies related to energy, transportation, and consumer spending, as they directly impact household budgets and the broader economy.
Q: Are there update delays or limitations?
A: The 'Monthly' gasoline price data is published with a short lag, typically 1-2 months, and represents national averages that may not capture regional variations.
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Citation
U.S. Federal Reserve, Monthly (GASALLCOVRMM), retrieved from FRED.