Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Denver-Aurora-Lakewood, CO (CBSA)
APUS48B7471A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.23
Year-over-Year Change
-4.58%
Date Range
1/1/1978 - 6/1/2025
Summary
The 'Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Denver-Aurora-Lakewood, CO (CBSA)' series tracks the average retail price of all grades of gasoline sold in the Denver metropolitan area. This metric is a key indicator of local consumer costs and broader energy market 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
This series represents the average price per gallon of gasoline, including all fuel grades, in the Denver-Aurora-Lakewood, Colorado metropolitan area. It is a useful benchmark for understanding regional consumer spending patterns and the impacts of factors like supply, demand, and taxes on local fuel prices.
Methodology
The data is collected through surveys of fuel retailers in the Denver metro region.
Historical Context
Policymakers and market analysts closely monitor trends in regional gasoline prices to assess the state of the local economy and energy markets.
Key Facts
- Denver's average gas price was $3.50 per gallon in June 2022.
- Gasoline prices in Denver are typically higher than the national average.
- Retail fuel prices can fluctuate significantly based on supply, taxes, and seasonal demand.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average retail price of all grades of gasoline sold in the Denver-Aurora-Lakewood, Colorado metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: Monitoring regional gasoline prices is important for understanding consumer spending patterns and the impacts of energy market factors on the local economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers in the Denver metro region.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor trends in regional gasoline prices to assess the state of the local economy and energy markets.
Q: Are there update delays or limitations?
A: The data is published regularly, but there may be short lags between the reporting period and public release.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Denver-Aurora-Lakewood, CO (CBSA) (APUS48B7471A), retrieved from FRED.