Natural Gas: Average Residential Price: United States data was reported at 12.990 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 14.830 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Residential Price: United States data is updated monthly, averaging 9.310 USD/1000 Cub ft from Jan 1981 (Median) to Dec 2024, with 528 observations. The data reached an all-time high of 25.390 USD/1000 Cub ft in Aug 2022 and a record low of 3.940 USD/1000 Cub ft in Jan 1981. Natural Gas: Average Residential Price: United States data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in U.S. City Average (APU000074716) from Sep 1981 to Feb 2025 about energy, gas, retail, price, and USA.

Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Detroit-Warren-Dearborn, MI (CBSA) (APUS23B74716) from Sep 1981 to Feb 2025 about Detroit, energy, gas, MI, urban, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Urban Alaska (CBSA) (APUS49G74716) from Sep 1981 to Feb 2025 about AK, energy, gas, urban, retail, price, and USA.

This dataset contains information about Bio Energy Statistics, Fuel Prices for 1981-2021.

Data from U.S. Department of Agriculture

Notes:

Annual Price Avg Price for the Marketing Year Sep Aug Quarterly data represent values according to Marketing Year Sep Aug Q1 Sep Nov, Q2 Dec Feb, Q3 Mar May, Q4 Jun Aug

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (APUS12A74716) from Sep 1981 to Feb 2025 about New York, energy, gas, PA, NY, urban, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (CBSA) (APUS12B74716) from Sep 1981 to Jan 2025 about DE, Philadelphia, NJ, MD, energy, gas, PA, urban, retail, price, and USA.

The 2025 annual OPEC oil price stood at 78.1 U.S. dollars per barrel, as of February. This would be lower than the 2024 average, which amounted to 79.86 U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2024 fall in prices was the result of weakened demand outlooks, primarily from China.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in San Diego-Carlsbad, CA (CBSA) (APUS49E74716) from Sep 1981 to Feb 2025 about San Diego, energy, gas, urban, CA, retail, price, and USA.

After some fluctuation in the oil industry's early years, where prices were incredibly high for that time period due to low supply, the cost of oil in the U.S. remained below five U.S. dollars per barrel in the century between the 1870s and 1970s. Due to the 1973 Arab-Israeli War, the Arab OPEC states then placed an embargo on Israel's allies, particularly the United States, which resulted in domestic prices almost doubling within two years. Less than a decade later, due to the Iranian Revolution, domestic prices in the U.S. more than tripled between 1978 and 1981. Domestic prices in the U.S. were very subject to those within the OPEC bloc, as OPEC-produced oil was often much cheaper than U.S. oil even after duties and transport fees were applied. U.S. production then fell from the 1980s to the 2010s, and high production costs were then passed on to consumers. Prices peaked between 2008 and 2013, at around 95 dollars per barrel, before the developments in unconventional oil industries, such as shale oil refinement, fracking, and horizontal mining, have seen prices fluctuate in recent years

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in St. Louis, MO-IL (CBSA) (APUS24B74716) from Sep 1981 to Dec 2021 about St. Louis, energy, gas, MO, IL, urban, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in the South Census Region - Size Class A (APUS30074716) from Sep 1981 to Feb 2025 about energy, gas, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Atlanta-Sandy Springs-Roswell, GA (CBSA) (APUS35C74716) from Sep 1981 to Feb 2025 about Atlanta, energy, gas, GA, urban, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Baltimore-Columbia-Towson, MD (CBSA) (APUS35E74716) from Sep 1981 to Feb 2025 about Baltimore, MD, energy, gas, urban, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Miami-Fort Lauderdale-West Palm Beach, FL (CBSA) (APUS35B74716) from Sep 1981 to Feb 2025 about Miami, energy, gas, urban, FL, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Houston-The Woodlands-Sugar Land, TX (CBSA) (APUS37B74716) from Sep 1981 to Feb 2025 about Houston, energy, gas, urban, retail, TX, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Dallas-Fort Worth-Arlington, TX (CBSA) (APUS37A74716) from Sep 1981 to Feb 2025 about Dallas, energy, gas, urban, retail, TX, price, and USA.

The 2025 preliminary average annual price of West Texas Intermediate crude oil reached 73.64 U.S. dollars per barrel, as of February. This would be lower than the 2024 average, which stood at 73.64 U.S. dollars per barrel. WTI and other benchmarks WTI is a grade of crude oil also known as “Texas light sweet.” It is measured to have an API gravity of around 39.6 and specific gravity of about 0.83, which is considered “light” relative to other crude oils. This oil also contains roughly 0.24 percent sulfur, and is therefore named “sweet.” Crude oils are some of the most closely observed commodity prices in the world. WTI is the underlying commodity of the Chicago Mercantile Exchange’s oil futures contracts. The price of other crude oils, such as UK Brent crude oil, the OPEC crude oil basket, and Dubai Fateh oil, can be compared to that of WTI crude oil. Since 1976, the price of WTI crude oil has increased notably, rising from just 12.23 U.S. dollars per barrel in 1976 to a peak of 99.06 dollars per barrel in 2008. Geopolitical conflicts and their impact on oil prices The price of oil is controlled in part by limiting oil production. Prior to 1971, the Texas Railroad Commission controlled the price of oil by setting limits on production of U.S. oil. In 1971, the Texas Railroad Commission ceased limiting production, but OPEC, the Organization of Petroleum Exporting Countries with member states Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela among others, continued to do so. In 1972, due to geopolitical conflict, OPEC set an oil embargo and cut oil production, causing prices to quadruple by 1974. Oil prices rose again in 1979 and 1980 due to the Iranian revolution, and doubled between 1978 and 1981 as the Iran-Iraq War prevented oil production. A number of geopolitical conflicts and periods of increased production and consumption have influenced the price of oil since then.

United States - Producer Price Index by Industry: Industrial Gas Manufacturing: Nitrogen was 248.05500 Index Jun 1981=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Industrial Gas Manufacturing: Nitrogen reached a record high of 294.51500 in February of 2023 and a record low of 92.00000 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Industrial Gas Manufacturing: Nitrogen - last updated from the United States Federal Reserve on March of 2025.