PADD IV (Rocky Mountain District) Premium All Formulations Gas Price
GASPRMRMM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.76
Year-over-Year Change
-5.17%
Date Range
12/1/1994 - 7/1/2025
Summary
The PADD IV (Rocky Mountain District) Premium All Formulations Gas Price measures the average retail price of premium gasoline in the Rocky Mountain region. This metric is closely watched by policymakers and analysts to understand fuel costs and consumer spending trends.
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 All Formulations Gas Price tracks the average retail price of premium gasoline, including all fuel formulations, across the Rocky Mountain states. This provides a comprehensive view of premium fuel costs for consumers and businesses in the region.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration through surveys of retail fuel stations.
Historical Context
This price trend is used to assess the impact of fuel costs on regional economic activity and consumer behavior.
Key Facts
- Premium gasoline accounts for around 10% of total U.S. gasoline consumption.
- Prices in the Rocky Mountain region are typically lower than the national average.
- Fuel costs are a major input for many businesses, especially transportation and logistics.
FAQs
Q: What does this economic trend measure?
A: The PADD IV (Rocky Mountain District) Premium All Formulations Gas Price measures the average retail price of premium gasoline across the Rocky Mountain states.
Q: Why is this trend relevant for users or analysts?
A: This price trend is closely monitored to understand the impact of fuel costs on consumer spending, regional economic activity, and business operations in the Rocky Mountain states.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration through surveys of retail fuel stations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this price trend to assess the effect of fuel costs on consumer behavior, business investment, and overall economic conditions in the Rocky Mountain region.
Q: Are there update delays or limitations?
A: The data is published weekly with a short lag, providing timely insights into premium gasoline prices in the Rocky Mountain states.
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Citation
U.S. Federal Reserve, PADD IV (Rocky Mountain District) Premium All Formulations Gas Price (GASPRMRMM), retrieved from FRED.