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.
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.
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.
In the second quarter of 2022, the average retail price for a gallon of regular gasoline stood at around 4.49 U.S. dollars, up from the previous quarter.
A glut in oil supply between 2014 and 2016 forced down prices and led to a low average U.S. gasoline price of roughly 1.9 U.S. dollars per gallon in the first quarter. Gasoline prices fluctuated considerably between 2019 and 2020 as a result of tensions between the United States and other oil exporters, such as Iran, and stifling oil demand during the Covid-19 pandemic. The price of West Texas Intermediate briefly dipped in the negative in April 2020.
Seasonal price variations
There are periodic fluctuations in gasoline prices in the United States, where the second and third quarters are typically more expensive than the rest of the year. One of the factors contributing to changing gasoline prices is a decrease in production from refineries due to maintenance work in tandem with an increase in demand, as holiday goers make road-trips. Gasoline will revert to cheaper winter-grade in September. Annual motor vehicle consumption in the United States was around 128 billion gallons as of 2020.
Gasoline retail prices weekly average by region dataset provides the weekly average retail gasoline prices for New York State and sixteen New York metropolitan regions in U.S. dollars per gallon. Data is a weekly average from October 2007 through current. Some metropolitan regions begin in 2017. Average daily retail gasoline prices are collected from the American Automobile Association (AAA) Daily Fuel Gauge Report. The AAA Daily Fuel Gauge Report prices are averaged to produce a weekly average retail price for New York State and each metropolitan region. The New York State metropolitan regions in the dataset are Albany (Albany-Schenectady-Troy), Batavia, Binghamton, Buffalo (Buffalo-Niagara Falls), Dutchess (Dutchess-Putnam), Elmira, Glens Falls, Ithaca, Kingston, Nassau (Nassau-Suffolk), New York City, Rochester, Syracuse, Utica (Utica-Rome), Watertown (Watertown-Fort Drum), and White Plains. The New York State Energy Research and Development Authority (NYSERDA) offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. To learn more about NYSERDA’s programs, visit https://nyserda.ny.gov or follow us on Twitter, Facebook, YouTube, or Instagram.
The average price of regular gasoline in Mexico reached 23.55 Mexican pesos per liter as of December 2024, up from more than 22 pesos per liter in the previous year. For premium gasoline, average prices increased from 24.3 pesos to 25.16 pesos per liter in the same period. What defines the price of gasoline in Mexico? The North American country is highly dependent on gasoline imports in order to meet its demand. Since 2016, gasoline imports by Pemex – Mexico’s national oil corporation – have averaged at more than 400 thousand barrels per day in a regular year. With the government’s control put to an end in late 2017, prices are since controlled by the market, and in turn strongly affected by global oil prices. Nevertheless, other factors come into play, such as import tariffs, or transport and logistics costs. In fact, prices also vary across Mexico. In 2023, Guerrero was the state with the highest average gasoline price, while Tamaulipas reported the lowest figure. How does Mexico compare with the rest of Latin America? At an average of 1.4 U.S. dollars per liter, Mexico had one of the highest prices in the region as of June 2023. This figure was above the average gasoline price reported in Latin America at the time. The country's gasoline purchasing power decreased in recent years. In 2023, the average Mexican salary could afford approximately 499 liters of gasoline.
The average gas price in Great Britain in January 2025 was 123.02 British pence per therm. This was 50 pence higher than the same month the year prior and follows a trend of increasing gas prices. Energy prices in the UK Energy prices in the UK were exceptionally high in 2021-2022 due to an energy supply shortage as a result of lower pipeline supplies from Norway and Russia, as well as reduced LNG imports owing to greater purchases by customers in Asia. Multiple factors such as a lack of gas storage availability and the large share of gas in heating have exacerbated the supply issue in the UK. This led to multiple suppliers announcing bankruptcy, while an upped price cap threatened energy security of numerous households. The United Kingdom has some of the highest household electricity prices worldwide. How is gas used in the UK? According to a 2023 survey conducted by the UK Department for Energy Security and Net Zero, 58 percent of respondents used gas as a heating method during the winter months. On average, household expenditure on energy from gas in the UK stood at some 24.9 billion British pounds in 2023.
As of December 2022, the average gasoline retail price in Tokyo Prefecture stood at about 169.4 Japanese yen per liter. In mid-March 2022, the gasoline price briefly hovered around 180 yen per liter in Japan's capital. At the time, energy markets were in turmoil as Russia's war on Ukraine unfolded and sanctions severed trade agreements.
Why do gasoline prices fluctuate? Crude oil prices and changes in supply and demand are the main factors to affect gasoline prices around the world. Since crude oil is the main ingredient of gasoline, prices tend to change rapidly when something impacts crude oil supplies, refinery operations or pipeline deliveries. Furthermore, seasonal changes in demand can affect gasoline prices, even if crude oil prices remain stable. Historically, prices tend to peak in summer when the travel demand increases. Other factors are crises, wars, or natural disasters in oil-producing regions, since they can obstruct the production and transportation, and thus cause higher crude oil prices.
Oil industry in Japan In recent years, oil made up the highest share of energy consumption in Japan. Since the country lacks domestic reserves of fossil fuels, it is heavily dependent on imports. Most of Japan’s crude oil imports came from Middle Eastern countries such as Saudi Arabia and the United Arab Emirates. Nevertheless, Japan's oil consumption has decreased significantly since 1995. It only shortly increased after the nuclear disaster in Fukushima in 2011, when nuclear energy was replaced by fossil fuels. In more recent years, the figures indicated a decline in oil consumption as Japan aims to diversify its energy mix to be less dependent on fossil fuel imports and to increase its self-sufficiency rate of primary energy.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Gasoline Prices in Puerto Rico increased to 0.73 USD/Liter in February from 0.72 USD/Liter in January of 2025. This dataset provides the latest reported value for - Puerto Rico Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Czech Republic Natural Gas Price: Avg: excl VAT: AC: 2779 to 27783 MWh data was reported at 1,602.310 CZK/MWh in Sep 2024. This records an increase from the previous number of 1,552.250 CZK/MWh for Jun 2024. Czech Republic Natural Gas Price: Avg: excl VAT: AC: 2779 to 27783 MWh data is updated quarterly, averaging 777.070 CZK/MWh from Sep 2007 (Median) to Sep 2024, with 69 observations. The data reached an all-time high of 2,101.330 CZK/MWh in Sep 2022 and a record low of 599.910 CZK/MWh in Sep 2017. Czech Republic Natural Gas Price: Avg: excl VAT: AC: 2779 to 27783 MWh data remains active status in CEIC and is reported by Czech Statistical Office. The data is categorized under Global Database’s Czech Republic – Table CZ.P005: Natural Gas and Electricity Average Price.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for US Regular Conventional Gas Price (GASREGCOVM) from Sep 1990 to Feb 2025 about conventional, gas, commodities, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States Natural Gas Exports: Average Price: LNG: Mexico data was reported at 5.040 USD/1000 Cub ft in Aug 2018. This records an increase from the previous number of 4.070 USD/1000 Cub ft for Jul 2018. United States Natural Gas Exports: Average Price: LNG: Mexico data is updated monthly, averaging 8.680 USD/1000 Cub ft from Aug 1998 (Median) to Aug 2018, with 227 observations. The data reached an all-time high of 19.670 USD/1000 Cub ft in Jan 2006 and a record low of 3.580 USD/1000 Cub ft in Aug 2017. United States Natural Gas Exports: Average Price: LNG: Mexico 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.P007: Natural Gas Price.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Cleveland-Akron, OH (CBSA) (APUA21074714) from Jan 1978 to Dec 2017 about Cleveland, energy, gas, OH, urban, retail, price, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
United States Motor Gasoline Price: All Grades: Avg: Resale: Bulk data was reported at 1.644 USD/gal in 2017. This records an increase from the previous number of 1.374 USD/gal for 2016. United States Motor Gasoline Price: All Grades: Avg: Resale: Bulk data is updated yearly, averaging 1.475 USD/gal from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 2.861 USD/gal in 2012 and a record low of 0.454 USD/gal in 1998. United States Motor Gasoline Price: All Grades: Avg: Resale: Bulk 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.P009: Motor Gasoline Price.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Atlanta-Sandy Springs-Roswell, GA (CBSA) (APUS35C7471A) from Jan 1978 to Feb 2025 about Atlanta, energy, gas, GA, urban, retail, price, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Gasoline Prices in Germany increased to 1.90 USD/Liter in February from 1.87 USD/Liter in January of 2025. This dataset provides the latest reported value for - Germany Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Nigeria Average Fuel Price: Petrol data was reported at 145.701 l in Jan 2019. This records a decrease from the previous number of 145.777 l for Dec 2018. Nigeria Average Fuel Price: Petrol data is updated monthly, averaging 147.773 l from Jan 2017 (Median) to Jan 2019, with 24 observations. The data reached an all-time high of 190.875 l in Jan 2018 and a record low of 109.600 l in Jan 2017. Nigeria Average Fuel Price: Petrol data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P003: Average Fuel Price.
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.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in Size Class D (APUD00074715) from Dec 1993 to Dec 2017 about energy, gas, retail, price, and USA.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Phoenix-Mesa-Scottsdale, AZ (CBSA) (APUS48A74714) from Jan 2018 to Feb 2025 about Phoenix, AZ, energy, gas, urban, retail, price, and USA.
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.