PADD IV (Rocky Mountain District) All Grades All Formulations Gas Price
GASALLRMW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.26
Year-over-Year Change
-0.15%
Date Range
6/12/2006 - 8/4/2025
Summary
The 'PADD IV (Rocky Mountain District) All Grades All Formulations Gas Price' measures the average retail price of gasoline across the Rocky Mountain region of the United States. This metric is closely watched by policymakers and economists to gauge regional fuel market conditions.
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
This series tracks the average price per gallon of all gasoline grades and formulations sold at retail outlets in the Rocky Mountain Petroleum Administration for Defense District (PADD IV), which includes Colorado, Montana, Utah, Wyoming, and parts of neighboring states. It provides a representative benchmark for consumer gasoline costs in this important energy-producing region.
Methodology
The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Historical Context
The Rocky Mountain gas price is relevant for understanding regional energy market dynamics and consumer spending patterns.
Key Facts
- PADD IV includes Colorado, Montana, Utah, and Wyoming.
- Gasoline accounts for over 10% of consumer spending in the region.
- Regional gas prices can vary significantly from the national average.
FAQs
Q: What does this economic trend measure?
A: This series measures the average retail price of all grades and formulations of gasoline sold in the Rocky Mountain region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The Rocky Mountain gas price is an important benchmark for understanding regional energy market dynamics and consumer spending patterns in this key energy-producing area of the country.
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 economists closely monitor the Rocky Mountain gas price to gauge regional fuel market conditions and their impact on consumer spending and inflation.
Q: Are there update delays or limitations?
A: The data is published weekly by the EIA with minimal delay, providing timely insight into regional gasoline market trends.
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Citation
U.S. Federal Reserve, PADD IV (Rocky Mountain District) All Grades All Formulations Gas Price (GASALLRMW), retrieved from FRED.