View weekly updates and historical trends for US Retail Gas Price. from United States. Source: Energy Information Administration. Track economic data with…

The average monthly price for natural gas in the United States amounted to *** nominal U.S. dollars per million British thermal units (Btu) in October 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 2024. 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 2024, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

View monthly updates and historical trends for California Retail Gas Price. Source: Energy Information Administration. Track economic data with YCharts an…

Gasoline Prices in Germany increased to 2.03 USD/Liter in November from 2.02 USD/Liter in October 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.

View daily updates and historical trends for Ethereum Average Gas Price. Source: Etherscan. Track economic data with YCharts analytics.

On October 27, 2025, the price of ultra-low sulfur unleaded petrol (gasoline) in the United Kingdom averaged 134.4 pence per liter. This compared to 143.26 pence per liter for diesel. Diesel prices were consistently higher than petrol/gasoline prices throughout this period, although the margin varied. Reasons for such differences in pricing lie in the refining process and molecular makeup of the products, with diesel requiring more complex refining processes and being an overall heavier liquid. As motor fuel pricing in the UK is not regulated by a monitoring body, there may also be notable differences in prices between retailers and regions. Supermarkets provide lowest fuel prices in the UK In the UK, much of the motor fuel is sold through supermarkets. Large supermarkets, or hypermarkets, account for more than 40 percent of all motor fuel sales in the country. The reason for their popularity often lies in the fact that they offer lower average prices. In the last four years, regular petrol/gasoline sold at supermarkets was up to six pence per liter cheaper than the national average. How UK fuel prices compare to the rest of the world Tied as they are to crude oil prices, motor fuels are generally cheapest in major producing countries, such as Iran, Venezuela, and Russia. In Europe, costs of importing the raw or finished products, in addition to taxes and levies, may hike up pump prices significantly. The UK is often among the countries with the highest petrol/gasoline prices, alongside other large European car markets such as France and Germany.

View monthly updates and historical trends for San Francisco Retail Gas Price. Source: Energy Information Administration. Track economic data with YCharts…

Fuel dealers have exhibited revenue growth as sales have remained relatively stable and oil and natural gas prices have fluctuated favorably. The pandemic disrupted demand for fuel from commercial and industrial operations as they shuttered or operated at reduced capacity. Oil prices plummeted amid the suspension of most travel and revenue plunged in 2020. Oil consumption from consumers quarantined at home helped stave off more severe losses, but this boon was dampened as most states were getting warmer through the height of stay-at-home ordinances. The Russia-Ukraine war caused oil prices to surge since early in 2022, but revenue has begun to normalize as production catches up. Since 2023, crude oil prices have steadily dipped as supply and demand imbalances improve. Revenue for fuel dealers is expected to climb at a CAGR of 6.7% to $49.3 billion through the end of 2025, including growth of 0.9% in 2025 alone. The magnitude of this growth is amplified by the fact that revenue plummeted in 2020, causing revenue to begin the period below traditional levels. Rising fuel prices raise dealers' purchasing costs. The short-term inflexibility of demand for heating oil and propane allows dealers to pass most of these increases on to downstream customers through price hikes that also lift revenue. Dealers endure external competition from natural gas and electric heating companies, though, so prices are often under pressure to remain low enough to encourage oil-based heating. Fuel dealers can't pass on all their heightened costs and profit compresses when oil prices swell. Moving forward, volatility in oil prices will pressure fuel dealers. Sales of fuel will remain inflexible since all buildings fitted with propane and heating oil systems will continue to rely on dealers, but the industry is fighting to maintain its customer base as more and more buildings are refitted with natural gas heating units. Natural gas extraction has climbed, causing prices to drop after they exploded in 2022. Volatile crude prices will exacerbate this trend since consumers are incentivized to switch heating systems if input prices swell. Revenue is expected to slump at a CAGR of 0.1% to $49.0 billion through the end of 2030.

View monthly updates and historical trends for Texas Retail Gas Price. Source: Energy Information Administration. Track economic data with YCharts analyti…

Gasoline and petroleum wholesalers are tethered to global crude oil prices, which can cause significant volatility for these companies. Crude oil prices plunged to historic lows in 2020 as the COVID-19 pandemic and its associated economic uncertainty reduced downstream demand for oil and gas products. However, crude oil prices had more than doubled by 2022 amid a strong economic rebound, which contributed to solid revenue growth as the economy boomed. In response to high inflation and rising interest rates, a cooling economy has caused revenue to fall well below pre-pandemic levels. Revenue has expanded at a CAGR of 1.8% to $145.5 billion through the end of 2025. However, revenue is expected to fall 6.2% in 2025 alone as crude oil prices have continued to shrink from their 2022 peak. Wholesalers generate profit primarily by purchasing crude oil from bulk stations or refineries and selling it to retail outlets. The prices of retail gasoline and crude oil strongly influence profit, as these make up more than 90.0% of the market for gasoline and petroleum wholesalers. Retail gasoline prices are a function of domestic demand for fuel, which may differ from the global supply and demand. Profit tends to be very low for gasoline and petroleum wholesalers because they don't have very much in the way of value-added services and operate primarily as middlemen, keeping profit below 2.0% of revenue. Revenue is expected to inch upward in the coming years as oil prices are expected to mostly level off, though they are forecast to shrink slightly. This will be offset by a forecast expansion in both nonresidential and residential construction markets, which can create ancillary demand for petroleum products. However, wholesalers will also endure severe threats from technologies that accelerate the adoption of renewable energy, which may cause a considerable reduction in demand for gasoline and petroleum. Revenue is forecast to expand at a CAGR of 0.3% to $147.7 billion through the end of 2030.

View monthly updates and historical trends for Vancouver, BC Average Retail Price for Regular Unleaded Gasoline at Self Service Filling Stations. Source: …

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.

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.

The global natural gas price index stood at 174.31 index points in September 2025. Natural gas prices decreased that month as cooling demand fell due to colder weather than expected. The global price index takes into account indices from Europe, Japan, and the United States – some of the largest natural gas trading markets. The U.S. is the leading natural gas exporter in the world. Means of trading natural gas Liquefied natural gas (LNG) is the most common form of trading natural gas. Although piped gas is often the preferred choice for transportation between neighboring producing and consuming countries, seaborne trade as LNG has grown in market volume. This is in part thanks to high consumption in pipeline-inaccessible areas such as Japan, Korea, and China, as well as the recent increase in LNG trade by European countries. Major natural gas price benchmarks The natural gas prices often used as global benchmarks are Europe’s Dutch TTF traded on the Intercontinental Exchange, Indonesian LNG in Japan, and the U.S. Henry Hub traded on the New York Mercantile Exchange. 2022 was an especially volatile year for natural gas prices, as supply was severely constrained following sanctions on Russian imports. Other reasons for recent spikes in gas prices are related to issues at refineries, changes in demand, and problems along seaborne supply routes.

Europe’s petroleum and natural gas extraction support services’ revenue is forecast to contract at a compound annual rate of 3.8% over the five years through 2024 to €62.1 billion. Widespread disruption caused by the COVID-19 pandemic weighed heavily on extraction and exploration activity in downstream oil and gas markets as poor demand conditions caused prices to plummet, disincentivising new investment and causing support service contractors to offer price concessions to customers, compounding the industry’s weak revenue performance and weighing on profitability. Demand has increased since lockdown restrictions eased, supporting revenue over 2021 and 2022. Russia’s invasion of Ukraine led to significant price increases in both oil and gas due to supply uncertainties. This also led to Norway becoming Europe’s largest natural gas supplier in 2022, supporting revenue opportunities for Norwegian contractors. Norway has also increased the level of investment into new oil and gas fields to alleviate uncertainties regarding supply following trade restrictions placed on Russian oil and gas. Nonetheless, weakening demand and falling oil and gas prices have contributed to an expected revenue slump of 20.3% in 2024. Over the five years through 2029, revenue is forecast to climb at a compound annual rate of 7% to €87.2 billion. New investments into oil and gas fields will provide contractors with new revenue opportunities, supporting revenue growth and expanding profitability. However, ongoing efforts across Europe to meet environmental and emissions targets, like net zero by 2050, will continue to threaten demand for oil and gas, somewhat limiting revenue growth.

At 3.82 U.S. dollars per gallon in October 2022, regular all formulation retail gasoline prices in the United States were considerably lower than in Hong Kong or the Central African Republic, which reported the highest gasoline prices in the world at the end of October 2022. Norway also ranked high this year. Its high gasoline prices might be one of the reasons why the country is leading the charge towards electric mobility. Gas prices in selected countries worldwide Fuel prices in different countries range from a few cents to almost two U.S. dollars per liter. Gasoline is often regarded as a key driver of a country’s economy, as it is the main fuel used in passenger vehicles and the automotive fleets of small and large businesses. The United States is one of the biggest consumers of gasoline on a per capita basis, with approximately 356 gallons of gasoline per person in 2020. Fuel prices respond to crude oil price changes One of the liquid’s main ingredients is crude oil. The spot prices of publicly traded crudes, such as U.S.-sourced WTI (West Texas Intermediate), UK Brent, and the OPEC basket grades, are highly volatile and have proven prone to inflation as of late, most recently due to the novel coronavirus outbreak in China, blockages in the Suez Canal, and the Russian invasion of Ukraine. Where access to oil is limited, this volatility may spur a shift towards alternative propulsion systems and fuels among a growing number of vehicle drivers. Affordability of fuel Gas prices in Europe are counted among the highest worldwide. At 7.6 U.S. dollars per gallon or more, gasoline is particularly expensive in Iceland, Norway, Denmark, Greece, Finland, and the Netherlands. Car drivers in Mozambique and Madagascar feel the most pain at the pump. Some 145.7 percent of a month's wages are needed to fill up a tank in Mozambique. The low affordability of fuel is due to weak currencies, limited wage growth, and a level of prosperity that is yet to meet other markets' standards. The high price in countries such as the Netherlands and Norway is largely attributable to taxes. Other factors driving gas prices include local demand, processing and distribution costs, and the aforementioned level of crude oil prices.

Major global events, like the pandemic and the Ukraine war, have greatly impacted machinery manufacturers by creating significant volatility in commodity prices. Major production and travel slowdowns harmed demand for oil and gas, resulting in fewer extraction projects and lowering the need for machinery. Still, Russia's invasion of Ukraine led to sanctions placed on Russia by various countries, which led to surging oil and gas prices. This uptick in prices led to strong US oil and gas production growth, boosting machinery sales in 2022 and 2023. Still, supply chain woes led to considerable increases in machinery production costs. Manufacturers passed these higher costs onto customers to retain profit but hindered revenue growth as customers increasingly sought cheaper imports. Overall, revenue has been falling at a CAGR of 3.4% over the past five years to total an estimated $14.0 billion through the end of 2024, including an estimated decrease of 1.8% in 2024. Manufacturers have also endured export declines. The increasing value of the US dollar has disincentivized foreign energy producers from purchasing US-made machinery despite its high quality. Interest rate hikes have also hindered manufacturers' performance. Since oil and gas producers typically purchase machinery on credit, higher interest rates reduce capital expenditures. Interest rate cuts and increases in oil and gas prices will benefit manufacturers in 2024. Falling oil and gas prices will negatively impact machinery manufacturers. These price drops will cause drilling projects to slow down, reducing the need for new machinery and maintenance services. While the dollar's falling value will reduce import penetration, exports will continue to drop alongside oil and gas prices. The Willow Project, one of the largest oil projects in the United States, is likely to boost domestic oil production, driving machinery sales. Domestic manufacturers will continue to focus on high-value-added products, protecting them from substitutes and enabling them to become more profitable. The Trump administration plans to ramp up oil drilling and gas extraction by rolling back previous regulations restricting carbon emissions, thereby creating greater energy independence for the nation and potentially boosting equipment sales. Overall, revenue is forecast to fall at a CAGR of 4.6% to total an estimated $11.0 billion through the end of 2029.

Europe’s petroleum and natural gas extraction support services’ revenue is forecast to contract at a compound annual rate of 3.8% over the five years through 2024 to €62.1 billion. Widespread disruption caused by the COVID-19 pandemic weighed heavily on extraction and exploration activity in downstream oil and gas markets as poor demand conditions caused prices to plummet, disincentivising new investment and causing support service contractors to offer price concessions to customers, compounding the industry’s weak revenue performance and weighing on profitability. Demand has increased since lockdown restrictions eased, supporting revenue over 2021 and 2022. Russia’s invasion of Ukraine led to significant price increases in both oil and gas due to supply uncertainties. This also led to Norway becoming Europe’s largest natural gas supplier in 2022, supporting revenue opportunities for Norwegian contractors. Norway has also increased the level of investment into new oil and gas fields to alleviate uncertainties regarding supply following trade restrictions placed on Russian oil and gas. Nonetheless, weakening demand and falling oil and gas prices have contributed to an expected revenue slump of 20.3% in 2024. Over the five years through 2029, revenue is forecast to climb at a compound annual rate of 7% to €87.2 billion. New investments into oil and gas fields will provide contractors with new revenue opportunities, supporting revenue growth and expanding profitability. However, ongoing efforts across Europe to meet environmental and emissions targets, like net zero by 2050, will continue to threaten demand for oil and gas, somewhat limiting revenue growth.

Gasoline and petroleum bulk stations manage bulk storage tanks and terminals for crude oil and petroleum products, including gasoline, diesel fuel, fuel oil and liquid petroleum gases (LPGs). These bulk stations are often located near major refineries, ports and industrial centers to quickly and efficiently receive product and unload it to customers, playing an important role in the crude oil and petroleum products supply chain. Bulk stations can be as large as a multitank facility with the capacity to store millions of gallons of product or as small as a single-tank outpost that supplies gasoline to only a handful of retail gas stations. Performance is closely linked to the supply and demand for petroleum and petroleum products, as almost all revenue is tied up in purchasing these products from upstream refineries, while nearly the entirety of that revenue comes from selling them to downstream wholesalers and retailers. This has caused revenue to be volatile in recent years, as collapsing oil prices caused a sharp drop in the prices of crude oil amid the pandemic in 2020, followed by a steep jump in 2021 and 2022, followed by a normalization in the years since. However, year-to-year volatility is still intense, changing by more than 10.0% each year but one between 2015 and 2022. Revenue has increased at a CAGR of 14.2% to $1.1 trillion over the past five years, including a decline of 2.7% in 2025 alone as oil prices are on the downswing. It's important to note that this CAGR is artificially high, as revenue reached a 15-year low in 2020 amid the COVID-19 pandemic. The four-year and six-year CAGRs are below 5.0%. Moving forward, revenue is set to fall as oil prices continue to slide downward, though broader economic growth may temper this somewhat. The volume of oil and petroleum products supplied by downstream markets is forecast to expand, which will lead to significant investment in distribution infrastructure. This will expand the markets that bulk station operators can serve and stimulate downstream demand. However, \revenue is set to weaken at a CAGR of 0.4% to $1.1 trillion over the next five years.

According to a 2022 survey, investor pressure to maintain capital discipline is the main reason publicly traded U.S. oil producers are restraining growth despite high oil prices. Nearly ** percent of respondents listed investor pressure as primary reason for why they would not increase investments and output. By comparison, ** percent of executives noted environmental, social and governance issues as the main reason.