PADD IV (Rocky Mountain District) Premium Conventional Gas Price
This dataset tracks padd iv (rocky mountain district) premium conventional gas price over time.
Latest Value
3.77
Year-over-Year Change
-4.54%
Date Range
12/1/1994 - 7/1/2025
Summary
The PADD IV (Rocky Mountain District) Premium Conventional Gas Price measures the average retail price of premium grade conventional gasoline in the Rocky Mountain region. This metric is closely watched by policymakers and analysts to gauge regional fuel price trends and consumer purchasing power.
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 PADD IV (Rocky Mountain District) Premium Conventional Gas Price reflects the average price paid by consumers for premium grade conventional gasoline across the Rocky Mountain states, including Colorado, Montana, Utah, Wyoming, and Idaho. This data point helps provide insight into regional energy market dynamics and consumer behavior.
Methodology
The data is collected through surveys of fuel retailers and calculated as a regional average price per gallon.
Historical Context
This price trend is a key input for monitoring economic conditions, consumer spending, and the policy impacts of energy market fluctuations.
Key Facts
- Prices are reported in U.S. dollars per gallon.
- Data is released weekly by the U.S. Energy Information Administration.
- Prices can vary significantly by state and local market.
FAQs
Q: What does this economic trend measure?
A: The PADD IV (Rocky Mountain District) Premium Conventional Gas Price measures the average retail price paid by consumers for premium grade conventional gasoline in the Rocky Mountain region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This price trend is closely watched by policymakers, economists, and market analysts as an indicator of regional energy market conditions, consumer purchasing power, and the potential impacts of energy price fluctuations.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers and calculated as a regional average price per gallon.
Q: How is this trend used in economic policy?
A: This price trend is used by economists, policymakers, and market analysts to monitor the state of the regional economy, consumer spending patterns, and the potential impacts of energy policy changes.
Q: Are there update delays or limitations?
A: The data is released weekly by the U.S. Energy Information Administration, with a typical delay of several days from the end of the reporting period.
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Citation
U.S. Federal Reserve, PADD IV (Rocky Mountain District) Premium Conventional Gas Price (GASPRMCOVRMM), retrieved from FRED.