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.
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.
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.
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Gasoline fell to 2.11 USD/Gal on July 24, 2025, down 0.25% from the previous day. Over the past month, Gasoline's price has risen 1.48%, but it is still 14.39% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on July of 2025.
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Gasoline Prices in the United States remained unchanged at 0.83 USD/Liter in June. 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.
The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in May 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in 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 ** 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 ** 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 ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.
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Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-07-21 about gas, commodities, and USA.
The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on July 21, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline 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.
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When gasoline topped $4 a gallon, opponents of an increase in the gas tax argued that prices were already too high. Now that the average price of regular gas has dropped to under $2.50 a gallon, the anti-tax environment that pervades Washington shows little support for increasing the gas tax to finance the upkeep of the nation's roadways and public transit systems. This no-win dynamic is frustrating to advocates who had hoped falling gas prices might reinvigorate the idea of raising the gas tax, which they view as one of the simplest, fairest and most efficient ways to pay for transportation repairs and improvements.The latest discussions about raising the gas tax come as the Energy Information Administration estimates that the average American household will spend at least $550 less on gasoline next year than it did in 2014, a result of lower prices and more fuel-efficient cars and trucks that can travel farther on fewer gallons.The last time the gasoline tax was raised was in 1993, and even that 4.3-cent-a-gallon increase was not initially dedicated to transportation repair and capital improvements, but rather was part of President Clinton's budget-deficit reduction plan. That revenue stream was redirected to the federal Highway Trust Fund in 1997. Back then, the 18.4-cent tax on every gallon represented about 16 percent of the pump price. If the gas tax had kept pace with inflation it would be 30.1 cents today. The Trust Fund now faces a major decline of an estimated $160 billion deficit over the next 10 years.
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Gasoline Prices in Canada remained unchanged at 1.08 USD/Liter in June. This dataset provides the latest reported value for - Canada Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
This dataset contains information about world' solar natural gas prices from 1984. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research.Notes:* Source: 1984-1990 German Federal Statistical Office 1991-2016 German Federal Office of Economics and Export Control (BAFA).
† Source: ICIS Heren Energy Ltd
‡ Source: Energy Intelligence Group, Natural Gas Week.
Btu = British thermal units; cif = cost+insurance+freight (average prices)
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Nigeria Average Fuel Price: Diesel data was reported at 225.086 l in Jan 2019. This records an increase from the previous number of 221.564 l for Dec 2018. Nigeria Average Fuel Price: Diesel data is updated monthly, averaging 200.610 l from Jun 2015 (Median) to Jan 2019, with 44 observations. The data reached an all-time high of 249.378 l in Feb 2017 and a record low of 145.569 l in Jul 2015. Nigeria Average Fuel Price: Diesel 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.
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Pakistan Average Retail Price: Gas Charges: Up To 3.3719 MMBTU data was reported at 1,976.500 PKR in Apr 2025. This stayed constant from the previous number of 1,976.500 PKR for Mar 2025. Pakistan Average Retail Price: Gas Charges: Up To 3.3719 MMBTU data is updated monthly, averaging 295.000 PKR from Jan 2020 (Median) to Apr 2025, with 44 observations. The data reached an all-time high of 1,976.500 PKR in Apr 2025 and a record low of 141.600 PKR in Jun 2022. Pakistan Average Retail Price: Gas Charges: Up To 3.3719 MMBTU data remains active status in CEIC and is reported by Pakistan Bureau of Statistics. The data is categorized under Global Database’s Pakistan – Table PK.P: Average Retail Price: 2015-16 Price.
This statistic depicts the average retail prices for fuel in Australia in 2015, by city. In 2015, the petroleum price in Sydney was on average ***** cents per liter.
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Gasoline Prices in the United Kingdom increased to 1.84 USD/Liter in June from 1.79 USD/Liter in May of 2025. This dataset provides the latest reported value for - United Kingdom Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The average gas price in Great Britain in May 2025 was 82.59 British pence per therm. This was seven 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 have been exceptionally volatile throughout the 2020s. 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 that followed the Russia-Ukraine war. This has also led to many smaller suppliers announcing bankruptcy, while an upped price cap threatened the 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, double the amount spent just two years prior.
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China Usage Price: 36 City Avg: Natural Gas: Natural Gas for Public Service Sector data was reported at 3.630 RMB/Cub m in Mar 2025. This records a decrease from the previous number of 3.640 RMB/Cub m for Feb 2025. China Usage Price: 36 City Avg: Natural Gas: Natural Gas for Public Service Sector data is updated monthly, averaging 3.120 RMB/Cub m from Jan 2007 (Median) to Mar 2025, with 219 observations. The data reached an all-time high of 3.670 RMB/Cub m in Aug 2015 and a record low of 1.990 RMB/Cub m in Mar 2007. China Usage Price: 36 City Avg: Natural Gas: Natural Gas for Public Service Sector data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: 36 City Monthly Avg: Transaction Price: Production Material.
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Turkey: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 1.42 dollars, a decline from 2.06 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Turkey from 1995 to 2016 is 1.54 dollars. The minimum value, 0.56 dollars, was reached in 1995 while the maximum of 2.54 dollars was recorded in 2012.
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Avg Consumer Price: Diesel Fuel: SF: Republic of Crimea data was reported at 70.580 RUB/l in Mar 2025. This records an increase from the previous number of 70.530 RUB/l for Feb 2025. Avg Consumer Price: Diesel Fuel: SF: Republic of Crimea data is updated monthly, averaging 49.770 RUB/l from Jan 2015 (Median) to Mar 2025, with 123 observations. The data reached an all-time high of 73.800 RUB/l in Sep 2023 and a record low of 34.550 RUB/l in Feb 2015. Avg Consumer Price: Diesel Fuel: SF: Republic of Crimea data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Energy Sector – Table RU.RBL006: Average Consumer Price: by Region: Diesel Fuel.
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.