Gasoline prices in the United States have experienced significant fluctuations over the past three decades, with 2024 seeing an average price of 3.3 U.S. dollars per gallon. This marks a notable decrease from the record high of 3.95 U.S. dollars per gallon in 2022, yet remains considerably higher than prices seen in the early 2000s. Despite this, American consumers continue to enjoy relatively low gasoline prices compared to many other countries, with some European countries paying more than double the U.S. average. Drivers in Hawaii and California pay the most at the pump Gasoline prices vary significantly across the United States, with Hawaii and California consistently ranking as the most expensive states for this fuel. As of January 1, 2025, Hawaii's average price for regular gasoline was 4.54 U.S. dollars per gallon, nearly 1.5 dollars above the national average. California's high prices are largely attributed to its steep gasoline taxes, which reached 68.1 U.S. cents per gallon in January 2024. These taxes play a crucial role in shaping retail prices and are typically reinvested in road infrastructure, demonstrating the direct link between fuel costs and transportation development. Patterns in gasoline consumption In a global context, the United States maintains some of the lowest conventional motor fuel prices among high-income countries. This is largely due to its position as the world's largest crude oil producer, allowing it to keep retail prices comparatively low. Despite fluctuations in price, gasoline consumption in the U.S. remains robust, averaging around 8.5 million barrels per day in 2024. Consumption tends to be highest in the summer months and lowest in the winter months due to changing driving behavior.

Natural gas prices are the highest in the residential sector. In 2024, U.S. households paid 14.59 U.S. dollars per 1,000 cubic feet, down from an all-time high of over 15.2 U.S. dollars per 1,000 cubic feet. Overall, U.S. residential natural gas prices have increased nearly tenfold since 1975. Commercial natural gas costs were second-highest, while prices in the electric power sector were the lowest, at around three U.S. dollars on average. Prices for the industrial and electric power customers tend to be close to the wholesale electricity price. The growing natural gas market U.S. natural gas consumption has increased more than any other fuel after the U.S. oil boom of the 2010s. Petroleum consumption has been more variable, and use of coal has significantly decreased. Today, natural gas is used extensively for electric power generation, with it having overtaken coal as the primary electricity generating source. This is despite coal prices being a lot less volatile and generally lower than natural gas. Future of natural gas on the global stage Natural gas is also an important energy source worldwide. It has been the second-largest source of electricity generation since the 2000s and has slowly narrowed the gap to coal, the world's main power source. In 2024, natural gas-powered turbines the world over generated 6,890 terawatt-hours of electricity.

Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in U.S. City Average (APU000074714) from Jan 1976 to Sep 2025 about energy, gas, retail, price, and USA.

United States Natural Gas Price: EIA: Industrial data was reported at 3.750 USD/1000 Cub ft in Sep 2018. This records an increase from the previous number of 3.670 USD/1000 Cub ft for Aug 2018. United States Natural Gas Price: EIA: Industrial data is updated monthly, averaging 3.800 USD/1000 Cub ft from Jan 1984 (Median) to Sep 2018, with 417 observations. The data reached an all-time high of 13.060 USD/1000 Cub ft in Jul 2008 and a record low of 2.230 USD/1000 Cub ft in Jul 1991. United States Natural Gas Price: EIA: Industrial data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P002: Energy Price.

Natural Gas: Average Commercial Price: New Jersey data was reported at 12.300 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 12.380 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: New Jersey data is updated monthly, averaging 8.770 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 432 observations. The data reached an all-time high of 18.530 USD/1000 Cub ft in Jun 2008 and a record low of 1.940 USD/1000 Cub ft in Aug 2000. Natural Gas: Average Commercial Price: New Jersey 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.

United States CSI: Expected Gasoline Prices: Next Yr: Median data was reported at 9.600 % in May 2018. This records an increase from the previous number of 0.500 % for Apr 2018. United States CSI: Expected Gasoline Prices: Next Yr: Median data is updated monthly, averaging 4.600 % from Apr 1982 (Median) to May 2018, with 246 observations. The data reached an all-time high of 49.600 % in Jun 2008 and a record low of -0.400 % in Feb 1986. United States CSI: Expected Gasoline Prices: Next Yr: Median data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H034: Consumer Sentiment Index: Vehicle Buying Conditions. The question was: Now thinking only about the next twelve months, do you think that the price of gasoline will go up during the next twelve months, will gasoline prices go down, or will they stay about the same as they are now? About how many cents per gallon do you think gasoline prices will (increase/decrease) during the next twelve months compared to now?

United States - Conventional Gasoline Prices: U.S. Gulf Coast, Regular was 1.86700 $ per Gallon in October of 2025, according to the United States Federal Reserve. Historically, United States - Conventional Gasoline Prices: U.S. Gulf Coast, Regular reached a record high of 4.87300 in September of 2008 and a record low of 0.27000 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Conventional Gasoline Prices: U.S. Gulf Coast, Regular - last updated from the United States Federal Reserve on November of 2025.

In 2024, the industrial natural gas price in the United States was 3.93 U.S. dollars per thousand cubic feet. This was a decrease compared to the previous year. In 2008, the U.S. price of natural gas for industry peaked at 9.65 U.S. dollars per thousand cubic feet as a result of the Great Recession. Despite the increase in natural gas prices for the industry sector in recent years, natural gas prices for other sectors were much higher. Regional price variations across U.S. hubs Natural gas prices can vary significantly across different regions of the United States. In 2024, the Waha trading hub in the Permian basin recorded the lowest spot prices due to its proximity to productive oil and gas wells and limited pipeline capacity. Meanwhile, the Henry Hub, which serves as the U.S. natural gas benchmark, averaged 2.2 U.S. dollars per million British thermal units in 2024. Looking ahead, forecasts suggest that Henry Hub prices could more than double by 2026, driven by increased demand. Industry natural gas prices around the world Switzerland has some of the highest natural gas prices for the industrial sector. U.S. prices are especially low in comparison to European countries, which rely on imports. U.S. industrial natural gas consumers paid around one fourth of the price paid by Swiss consumers.

United States - PADD I (East Coast District) Regular All Formulations Gas Price was 3.34200 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD I (East Coast District) Regular All Formulations Gas Price reached a record high of 4.03900 in July of 2008 and a record low of 0.90300 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD I (East Coast District) Regular All Formulations Gas Price - last updated from the United States Federal Reserve on February of 2023.

United States Motor Gasoline Price: All Grades: EIA: Resale: DTW data was reported at 2.467 USD/gal in Apr 2018. This records an increase from the previous number of 2.307 USD/gal for Mar 2018. United States Motor Gasoline Price: All Grades: EIA: Resale: DTW data is updated monthly, averaging 1.696 USD/gal from Jan 1994 (Median) to Apr 2018, with 292 observations. The data reached an all-time high of 3.612 USD/gal in Jun 2008 and a record low of 0.560 USD/gal in Feb 1999. United States Motor Gasoline Price: All Grades: EIA: Resale: DTW data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P002: Energy Price.

United States - PADD I (East Coast District) Regular Conventional Gas Price was 3.30700 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD I (East Coast District) Regular Conventional Gas Price reached a record high of 4.01800 in July of 2008 and a record low of 0.88000 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD I (East Coast District) Regular Conventional Gas Price - last updated from the United States Federal Reserve on November of 2025.

Average natural gas in the U.S. Henry Hub stood at **** U.S. dollars per million British thermal unit in 2024, a decrease when compared to the previous year. Henry hub natural gas prices peaked in 2008 at **** U.S. dollars per million British thermal unit.

Prices for annual gas consumption for industry in Poland fluctuated slightly between 2008 and 2020. However, prices began to rise from the first half of 2021, reaching their peak in the second half of 2022 at more than *** euro cents per kilowatt hour. The lowest annual price for gas consumption occurred in 2016, at **** euros per kWh. In the first half of 2024, prices dropped to **** euro cents per kilowatt hour. Structure of natural gas supplies to Poland Gas purchases from abroad, in the amount of ***** TWh, were supplemented with gas from domestic sources in the amount of ** TWh. Total gas supplies from abroad in 2022 included imports and intra-Community acquisitions. Imports from the eastern direction, carried out under a long-term contract concluded between PGNiG S.A. and Gazprom, continued to account for a significant part of the total gas supplies from abroad. However, in 2022, the Polish government passed a resolution to terminate the agreement from 1993 with Gazprom on the supply of Russian gas to Poland. The consumption of natural gas in Poland increased between 2005 and 2022. Throughout 2023, PKN ORLEN (former PGNiG) imported approximately **** bn m3 of natural gas to Poland. Domestic production amounted to *** billion cubic meters. Structure of LNG supply to Poland PGNiG has successfully continued its strategy of becoming independent from one dominant supplier. In addition to the expansion of the LNG portfolio, the Company is preparing to start supplying the Polish market with gas produced on the Norwegian Continental Shelf, whose transport via the Baltic Pipe through the North Sea, Denmark, and the Baltic Sea will begin at the end of 2022. The construction of the LNG Terminal in Świnoujście was a positive investment from the standpoint of supply security, enabling gas supplies from global gas markets. This investment has contributed to a fundamental change in the country's gas energy mix, thanks to which currently *** of the country's gas consumption can be satisfied with LNG supplies. Thus, in 2023, imports from the East amounted to approximately *** billion cubic meters, compared to around **** billion m3 in 2016. LNG imports (from Qatar, Norway, and the USA) in 2023 increased and reached *** billion cubic meters (after regasification), compared to 2016 when about *** billion cubic meters of LNG was imported (after regasification).

United States - PADD IV (Rocky Mountain District) Premium All Formulations Gas Price was 4.05800 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD IV (Rocky Mountain District) Premium All Formulations Gas Price reached a record high of 4.31200 in July of 2008 and a record low of 1.14000 in January of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD IV (Rocky Mountain District) Premium All Formulations Gas Price - last updated from the United States Federal Reserve on November of 2025.

United States Motor Gasoline Price: Premium: EIA: Resale: Bulk data was reported at 2.189 USD/gal in Apr 2018. This records an increase from the previous number of 2.013 USD/gal for Mar 2018. United States Motor Gasoline Price: Premium: EIA: Resale: Bulk data is updated monthly, averaging 1.526 USD/gal from Jan 1994 (Median) to Apr 2018, with 292 observations. The data reached an all-time high of 3.461 USD/gal in Jun 2008 and a record low of 0.367 USD/gal in Dec 1998. United States Motor Gasoline Price: Premium: EIA: Resale: Bulk data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P002: Energy Price.

United States Natural Gas Price: EIA: Residential data was reported at 17.320 USD/1000 Cub ft in Sep 2018. This records a decrease from the previous number of 18.630 USD/1000 Cub ft for Aug 2018. United States Natural Gas Price: EIA: Residential data is updated monthly, averaging 8.200 USD/1000 Cub ft from Jan 1981 (Median) to Sep 2018, with 453 observations. The data reached an all-time high of 20.770 USD/1000 Cub ft in Jul 2008 and a record low of 3.940 USD/1000 Cub ft in Jan 1981. United States Natural Gas Price: EIA: Residential data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P002: Energy Price.

As of August 2025, the average annual price of Brent crude oil stood at 71.3 U.S. dollars per barrel. This is over nine U.S. dollars lower than the 2024 average. Brent is the world's leading price benchmark for Atlantic basin crude oils. Crude oil is one of the most closely observed commodity prices as it influences costs across all stages of the production process and consequently alters the price of consumer goods as well. What determines crude oil benchmarks? In the past decade, crude oil prices have been especially volatile. Their inherent inelasticity regarding short-term changes in demand and supply means that oil prices are erratic by nature. However, since the 2009 financial crisis, many commercial developments have greatly contributed to price volatility, such as economic growth by BRIC countries like China and India, and the advent of hydraulic fracturing and horizontal drilling in the U.S. The outbreak of the coronavirus pandemic and the Russia-Ukraine war are examples of geopolitical events dictating prices. Light crude oils - Brent and WTI Brent Crude is considered a classification of sweet light crude oil and acts as a benchmark price for oil around the world. It is considered a sweet light crude oil due to its low sulfur content and low density and may be easily refined into gasoline. This oil originates in the North Sea and comprises several different oil blends, including Brent Blend and Ekofisk crude. Often, this crude oil is refined in Northwest Europe. Another sweet light oil often referenced alongside UK Brent is West Texas Intermediate (WTI). WTI oil prices amounted to 76.55 U.S. dollars per barrel in 2024.

United States - PADD II (Midwest District) All Grades Reformulated Gas Price was 3.52900 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD II (Midwest District) All Grades Reformulated Gas Price reached a record high of 4.16600 in July of 2008 and a record low of 0.97700 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD II (Midwest District) All Grades Reformulated Gas Price - last updated from the United States Federal Reserve on November of 2025.

The 2025 annual OPEC basket price stood at ***** U.S. dollars per barrel as of August. This would be lower than the 2024 average, which amounted to ***** 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 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

The U.S. producer price index of natural gas stood at ***** index points in 2022. This was the highest figure since 2008 and follows natural gas supply constraints following sanctions on Russian imports. The base year was 1982.