[6] The USGS indicates that the Price River originates at Scofield Reservoir in the Wasatch Plateau in Carbon County in central Utah.

Below Kyune, the river enters Price Canyon and drops back into Carbon County alongside U.S. Route 6.

[14] Just downstream of the town of Price, a partnership of the Carbon Canal Company (CCC), The Nature Conservancy (TNC), and the Utah Division of Wildlife Resources (UDWR), is expanding the Olsen Reservoir[15] so that it can capture high spring Price River flows at the end of the Carbon Canal and store it, for agricultural use and to recharge the river in dry seasons and drought years.

Distribution and abundance of this cutthroat trout subspecies are now limited to small populations in less than 1% of its historic range in the upper tributaries of the Colorado River watershed.

[19] The federally endangered Colorado pikeminnow (Ptychocheilus lucius) is extant in the lower 143 kilometres (89 mi) of the Price River.

However, during high springtime flows, the 23.5 miles (37.8 km) below the Scofield Dam to Castle Gate contain Class I to V whitewater.

This uppermost reach is paralleled by railroad tracks in a very scenic canyon and is stocked annually with non-native brown trout fingerlings, which have been known to mature up to 10 pounds (4.5 kg).