100+ datasets found
  1. Annual gasoline prices in the United States 1990-2024

    • statista.com
    Updated Feb 5, 2025
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    Statista (2025). Annual gasoline prices in the United States 1990-2024 [Dataset]. https://www.statista.com/statistics/204740/retail-price-of-gasoline-in-the-united-states-since-1990/
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    Dataset updated
    Feb 5, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  2. Average gasoline and diesel prices in the U.S. 2022-2025

    • statista.com
    Updated Mar 17, 2025
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    Statista (2025). Average gasoline and diesel prices in the U.S. 2022-2025 [Dataset]. https://www.statista.com/statistics/1293019/us-daily-average-gas-prices/
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    Dataset updated
    Mar 17, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 18, 2022 - Mar 17, 2025
    Area covered
    United States
    Description

    The average price for regular gasoline in the United States stood at 3.08 U.S. dollars per gallon on March 17, 2025. This compared to a diesel price of 3.59 U.S. dollars per gallon. Prices for gasoline and diesel decreased that week. Real price surge of 2022 and 2023 still below 2011 to 2014 prices When looking at the real price of gasoline over time, U.S. drivers had to pay notably more in the years between 2011 and 2014. The surge in prices noted throughout 2022 and partly for 2023, which followed supply constraints, was still lower in terms of real U.S. dollars. U.S. on the lower-end spectrum of worldwide motor fuel prices The U.S. has some of the lowest conventional motor fuel prices in the world. Although fuel prices are usually higher in high-income countries, the U.S. profits from its position as the world’s largest crude oil producer and can keep retail prices for oil products comparatively low. For example, among high-income countries, prices for automotive premium gasoline (RON 95) were only lower in Russia and Saudi Arabia - countries where crude oil and oil product exports are in part restricted by sanctions, thus keeping domestic supply high.

  3. F

    Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in...

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
    + more versions
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    (2025). Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/APU000074714
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    jsonAvailable download formats
    Dataset updated
    Mar 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    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 Feb 2025 about energy, gas, retail, price, and USA.

  4. Gasoline retail price per month in the U.S. 2020-2025, by fuel grade

    • statista.com
    Updated Mar 11, 2025
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    Statista (2025). Gasoline retail price per month in the U.S. 2020-2025, by fuel grade [Dataset]. https://www.statista.com/statistics/204133/retail-prices-of-motor-fuel-in-the-united-states-since-2009/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Feb 2025
    Area covered
    United States
    Description

    U.S. gasoline prices increased across all major grades in February 2025. Regular gasoline prices rose to an average of 3.12 U.S. dollars per gallon. In the period of consideration, gasoline prices reached their highest level in June 2022. Differences in fuel grades Fuel grades at U.S. gas stations are differentiated by octane level. Higher grade fuels have higher octane levels, meaning that the fuel can be compressed more in the engine. This enables high-performance engines to create more power. Fuel may also vary from state to state and pump to pump. Some cities also have regulations on gasoline in order to improve air quality. Bioethanol is added to gasoline in some cases to meet the renewable fuel standard. Gasoline-run engines are able to run on blends with a bioethanol percentage of up to 25 percent. Gasoline prices reach historic high Primarily a result of the Russia-Ukraine war and inflation, the annual retail price of gasoline reached a new historic high in 2022, climbing to nearly four U.S. dollars per gallon. By 2023, annual prices had decreased again slightly, reaching 2013 levels.

  5. T

    United States Gasoline Prices

    • tradingeconomics.com
    • ar.tradingeconomics.com
    • +16more
    csv, excel, json, xml
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    TRADING ECONOMICS, United States Gasoline Prices [Dataset]. https://tradingeconomics.com/united-states/gasoline-prices
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    xml, excel, json, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 1991 - Feb 28, 2025
    Area covered
    United States
    Description

    Gasoline Prices in the United States increased to 0.82 USD/Liter in February from 0.81 USD/Liter in January of 2025. This dataset provides the latest reported value for - United States Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  6. Average gas prices for the Memorial Day holiday period in the U.S. 2010-2024...

    • statista.com
    Updated Jun 27, 2024
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    Statista (2024). Average gas prices for the Memorial Day holiday period in the U.S. 2010-2024 [Dataset]. https://www.statista.com/statistics/428558/average-gas-prices-for-memorial-day-holiday-period-us/
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    Dataset updated
    Jun 27, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    This statistic shows the forecast average gas prices for the Memorial Day holiday period in the United States from 2010 to 2024. In 2024, the average price of gas during the Memorial Day holiday period was estimated at approximately 3.6 U.S. dollars per gallon.

  7. F

    US Regular All Formulations Gas Price

    • fred.stlouisfed.org
    json
    Updated Mar 24, 2025
    + more versions
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    (2025). US Regular All Formulations Gas Price [Dataset]. https://fred.stlouisfed.org/series/GASREGW
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    jsonAvailable download formats
    Dataset updated
    Mar 24, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-03-24 about gas, commodities, and USA.

  8. U

    United States Natural Gas: Average Commercial Price: Colorado

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Commercial Price: Colorado [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-prices
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    Dataset updated
    Aug 2, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2024 - Dec 1, 2024
    Area covered
    United States
    Description

    Natural Gas: Average Commercial Price: Colorado data was reported at 8.310 USD/1000 Cub ft in Dec 2024. This records an increase from the previous number of 8.250 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Commercial Price: Colorado data is updated monthly, averaging 7.045 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 16.700 USD/1000 Cub ft in Sep 2022 and a record low of 3.320 USD/1000 Cub ft in Dec 1996. Natural Gas: Average Commercial Price: Colorado 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.

  9. Diesel fuel retail prices per month in the U.S. 2020-2025

    • statista.com
    Updated Mar 11, 2025
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    Statista (2025). Diesel fuel retail prices per month in the U.S. 2020-2025 [Dataset]. https://www.statista.com/statistics/204169/retail-prices-of-diesel-fuel-in-the-united-states-since-2009/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Feb 2025
    Area covered
    United States
    Description

    In February 2025, one gallon of diesel cost an average of 3.68 U.S. dollars in the United States. That was an increase compared to two months prior, which was the lowest price in the past 24-month period. Impact of crude prices on motor fuel consumer prices Diesel prices are primarily determined by the cost of crude oil. In fact, crude oil regularly accounts for around 50 percent of end consumer prices of diesel. As such, supply restrictions or weak demand outlooks influence prices at the pump. The fall in diesel prices noted in the latter half of 2024 is a reflection of lower crude prices. Diesel and gasoline price development The usage of distillate fuel oil began in the 1930s, but until further development in the 1960s, diesel vehicles were mostly applied to commercial use only. In the U.S., diesel-powered cars remain a fairly small portion of the automobile market and diesel consumption is far lower than gasoline consumption. In general, gasoline also tends to be more widely available than diesel fuel and usually sells for a lower retail price. However, diesel engines have better fuel economy than gasoline engines, and, as such, tend to be used for large commercial vehicles.

  10. U

    United States Natural Gas: Average Commercial Price: Kentucky

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Commercial Price: Kentucky [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-prices
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    Dataset updated
    Aug 2, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2024 - Dec 1, 2024
    Area covered
    United States
    Description

    Natural Gas: Average Commercial Price: Kentucky data was reported at 8.720 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 10.370 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Commercial Price: Kentucky data is updated monthly, averaging 8.660 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 19.370 USD/1000 Cub ft in Aug 2008 and a record low of 3.970 USD/1000 Cub ft in Jun 1993. Natural Gas: Average Commercial Price: Kentucky 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.

  11. United States: average sales price per gallon for motor fuel 2012-2022

    • statista.com
    Updated Feb 26, 2024
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    Statista (2024). United States: average sales price per gallon for motor fuel 2012-2022 [Dataset]. https://www.statista.com/statistics/309298/average-sales-price-per-gallon-for-motor-fuel-in-the-us/
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    Dataset updated
    Feb 26, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    According to the report, U.S. motor fuel had an average sales price of 3.99 U.S. dollars per gallon in 2022. In 2021, the the average sales price was of 3.05 U.S. dollars per gallon

  12. o

    Gasoline report - international gasoline prices

    • data.ontario.ca
    • ouvert.canada.ca
    • +1more
    csv, xlsx
    Updated Apr 14, 2021
    + more versions
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    Energy, Northern Development and Mines (2021). Gasoline report - international gasoline prices [Dataset]. https://data.ontario.ca/dataset/gasoline-report-international-gasoline-prices
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    xlsx(None), csv(None)Available download formats
    Dataset updated
    Apr 14, 2021
    Dataset authored and provided by
    Energy, Northern Development and Mines
    License

    https://www.ontario.ca/page/open-government-licence-ontariohttps://www.ontario.ca/page/open-government-licence-ontario

    Time period covered
    Oct 5, 2016
    Area covered
    Ontario
    Description

    This dataset provides monthly, quarterly and annual average regular or premium unleaded gasoline pump prices, taxes and ex-tax pump prices in Canada, USA, France, Germany, Britain and Japan, all converted to Canadian cents per litre.

    To view charts and current fuel price data you can also "https://www.ontario.ca/page/motor-fuel-prices">visit the motor fuel prices page.

    *[USA]: United States of America

  13. Monthly natural gas prices in the United States and Europe 2014-2024

    • statista.com
    Updated Jan 8, 2025
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    Statista (2025). Monthly natural gas prices in the United States and Europe 2014-2024 [Dataset]. https://www.statista.com/statistics/673333/monthly-prices-for-natural-gas-in-the-united-states-and-europe/
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    Dataset updated
    Jan 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Dec 2014 - Dec 2024
    Area covered
    Europe, United States
    Description

    The average monthly price for natural gas in the United States amounted to 3.02 nominal U.S. dollars per million British thermal units (Btu) in December 2024. By contrast, natural gas prices in Europe were about four times higher than those in the U.S. Prices for Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over 70 U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than 60 percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2023, the U.S. produced more than one trillion cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

  14. U

    United States Natural Gas: Average Commercial Price: Tennessee

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Commercial Price: Tennessee [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-prices
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    Dataset updated
    Aug 2, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 1, 2023 - Nov 1, 2024
    Area covered
    United States
    Description

    Natural Gas: Average Commercial Price: Tennessee data was reported at 10.850 USD/1000 Cub ft in Nov 2024. This records an increase from the previous number of 9.460 USD/1000 Cub ft for Oct 2024. Natural Gas: Average Commercial Price: Tennessee data is updated monthly, averaging 8.450 USD/1000 Cub ft from Jan 1989 (Median) to Nov 2024, with 425 observations. The data reached an all-time high of 17.600 USD/1000 Cub ft in Nov 2005 and a record low of 4.200 USD/1000 Cub ft in May 1989. Natural Gas: Average Commercial Price: Tennessee 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.

  15. Natural gas prices in the U.S. 2008-2023, by sector

    • statista.com
    • flwrdeptvarieties.store
    Updated Feb 6, 2025
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    Statista (2025). Natural gas prices in the U.S. 2008-2023, by sector [Dataset]. https://www.statista.com/statistics/187308/average-price-for-natural-gas-in-the-us-by-sector-since-2005/
    Explore at:
    Dataset updated
    Feb 6, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    Natural gas prices are the highest in the residential sector. In 2023, U.S. households paid an all time high average of 15.2 U.S. dollars per 1,000 cubic feet. Commercial natural gas costs were second-highest, while prices in the electric power sector were the lowest, at around four U.S. dollars on average. Prices for the industrial and electric power customers tend to be close to the wholesale electricity price. All sectors saw a year-on-year increase in natural gas prices in 2022 due to the decline in U.S. natural gas production in the first quarter of 2022, which resulted in high withdrawals of natural gas from storage and an increase in average natural gas prices. The growing natural gas market In recent years, the average natural gas prices for all sectors have been increasing in the United States. In 2022, the residential sector witnessed an increase in natural gas prices higher than 2008, while natural gas prices for other sectors were still lower despite increases in average natural gas prices for those sectors. Meanwhile, consumption of natural gas has increased more than any other fuel type following the 2008 Recession. Petroleum consumption has been more variable, and use of coal has significantly decreased. The price of coal and crude oil had already been increasing since the early 2000s, and was further exacerbated by the financial crisis. Around the same time, the cost of natural gas dropped significantly, making it a more viable economic alternative compared to other fossil fuels. This decrease was in part the result of drastically increased production of shale gas as a result of hydraulic fracturing and other techniques.

  16. U

    United States Natural Gas: Average Residential Price: South Carolina

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Residential Price: South Carolina [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-prices
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    Dataset updated
    Aug 2, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2024 - Dec 1, 2024
    Area covered
    United States
    Description

    Natural Gas: Average Residential Price: South Carolina data was reported at 13.770 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 18.010 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Residential Price: South Carolina data is updated monthly, averaging 12.280 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 30.020 USD/1000 Cub ft in Aug 2007 and a record low of 6.270 USD/1000 Cub ft in Apr 1992. Natural Gas: Average Residential Price: South Carolina 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.

  17. F

    Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the...

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
    + more versions
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    (2025). Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class A [Dataset]. https://fred.stlouisfed.org/series/APUS1007471A
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    jsonAvailable download formats
    Dataset updated
    Mar 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class A (APUS1007471A) from Jan 1978 to Feb 2025 about energy, gas, retail, price, and USA.

  18. T

    GASOLINE PRICES by Country in AMERICA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 27, 2017
    + more versions
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    TRADING ECONOMICS (2025). GASOLINE PRICES by Country in AMERICA [Dataset]. https://tradingeconomics.com/country-list/gasoline-prices?continent=america
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    csv, excel, xml, jsonAvailable download formats
    Dataset updated
    May 27, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    United States
    Description

    This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  19. F

    Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in...

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
    + more versions
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    (2025). Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in Chicago-Naperville-Elgin, IL-IN-WI (CBSA) [Dataset]. https://fred.stlouisfed.org/series/APUS23A74715
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    Naperville, Elgin, Wisconsin, Illinois, Chicago
    Description

    Graph and download economic data for Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in Chicago-Naperville-Elgin, IL-IN-WI (CBSA) (APUS23A74715) from Dec 1993 to Feb 2025 about Chicago, energy, IL, gas, IN, WI, urban, retail, price, and USA.

  20. F

    Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the...

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
    + more versions
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    (2025). Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the East South Central Census Division [Dataset]. https://fred.stlouisfed.org/series/APU03607471A
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    East South Central states
    Description

    Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the East South Central Census Division (APU03607471A) from Jan 2018 to Feb 2025 about energy, gas, retail, price, and USA.

Share
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Statista (2025). Annual gasoline prices in the United States 1990-2024 [Dataset]. https://www.statista.com/statistics/204740/retail-price-of-gasoline-in-the-united-states-since-1990/
Organization logo

Annual gasoline prices in the United States 1990-2024

Explore at:
13 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Feb 5, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

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.

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