100+ datasets found
  1. Average gasoline and diesel prices in the U.S. 2022-2025

    • statista.com
    Updated Jul 28, 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
    Jul 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 18, 2022 - Jul 28, 2025
    Area covered
    United States
    Description

    The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on July 28, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline remained unchanged 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.

  2. F

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

    • fred.stlouisfed.org
    json
    Updated Jul 15, 2025
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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
    Jul 15, 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 Jun 2025 about energy, gas, retail, price, and USA.

  3. 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.

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

    • statista.com
    Updated Jul 10, 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
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Jun 2025
    Area covered
    United States
    Description

    U.S. gasoline prices changed little in June 2025 when compared to the month before. Regular gasoline prices remained at an average of 3.15 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 2024, annual prices had decreased again slightly, reaching 2014 levels.

  5. F

    US Regular All Formulations Gas Price

    • fred.stlouisfed.org
    json
    Updated Jul 29, 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
    Jul 29, 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 2025-07-28 about gas, commodities, and USA.

  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. U

    United States Natural Gas: Average Commercial Price: Oklahoma

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Commercial Price: Oklahoma [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: Oklahoma data was reported at 7.860 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 7.640 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Oklahoma data is updated monthly, averaging 7.980 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 22.690 USD/1000 Cub ft in Aug 2022 and a record low of 3.570 USD/1000 Cub ft in May 1991. Natural Gas: Average Commercial Price: Oklahoma 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.

  8. U

    United States Natural Gas: Average Commercial Price: Utah

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Commercial Price: Utah [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: Utah data was reported at 8.150 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 8.510 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Utah data is updated monthly, averaging 6.705 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 13.140 USD/1000 Cub ft in Jun 2024 and a record low of 2.860 USD/1000 Cub ft in Apr 1996. Natural Gas: Average Commercial Price: Utah 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. Average U.S. Henry Hub natural gas price 1989-2024

    • statista.com
    Updated May 8, 2025
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    Statista Research Department (2025). Average U.S. Henry Hub natural gas price 1989-2024 [Dataset]. https://www.statista.com/topics/6832/natural-gas-in-the-us/
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    Dataset updated
    May 8, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Description

    Average natural gas in the U.S. Henry Hub stood at 2.25 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 8.85 U.S. dollars per million British thermal unit.

  10. Monthly natural gas prices in the United States and Europe 2015-2025

    • statista.com
    • ai-chatbox.pro
    Updated Jul 2, 2025
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    Statista (2025). Monthly natural gas prices in the United States and Europe 2015-2025 [Dataset]. https://www.statista.com/statistics/673333/monthly-prices-for-natural-gas-in-the-united-states-and-europe/
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    Dataset updated
    Jul 2, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    May 2015 - May 2025
    Area covered
    Europe, United States
    Description

    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.

  11. U

    United States Natural Gas: Average Commercial Price: Vermont

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Commercial Price: Vermont [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: Vermont data was reported at 8.630 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 8.220 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Vermont data is updated monthly, averaging 6.905 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 16.140 USD/1000 Cub ft in Sep 2008 and a record low of 2.860 USD/1000 Cub ft in Aug 1994. Natural Gas: Average Commercial Price: Vermont 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.

  12. Industrial natural gas price in the U.S. 1975-2024

    • statista.com
    Updated Jul 10, 2025
    + more versions
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    Statista (2025). Industrial natural gas price in the U.S. 1975-2024 [Dataset]. https://www.statista.com/statistics/1383403/us-industry-sector-average-natural-gas-price/
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    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  13. T

    United States - US All Grades All Formulations Gas Price

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jun 2, 2017
    + more versions
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    TRADING ECONOMICS (2017). United States - US All Grades All Formulations Gas Price [Dataset]. https://tradingeconomics.com/united-states/us-all-grades-all-formulations-gas-price-$-per-gallon-w-na-fed-data.html
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    xml, csv, excel, jsonAvailable download formats
    Dataset updated
    Jun 2, 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
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - US All Grades All Formulations Gas Price was 3.24600 $ per Gallon in July of 2025, according to the United States Federal Reserve. Historically, United States - US All Grades All Formulations Gas Price reached a record high of 5.10700 in June of 2022 and a record low of 0.94900 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - US All Grades All Formulations Gas Price - last updated from the United States Federal Reserve on August of 2025.

  14. E

    Natural gas prices (US), June, 2025 - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jun 15, 2025
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    Globalen LLC (2025). Natural gas prices (US), June, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/world/natural_gas_usa/
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    xml, excel, csvAvailable download formats
    Dataset updated
    Jun 15, 2025
    Dataset authored and provided by
    Globalen LLC
    License

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

    Time period covered
    Jan 31, 1960 - Jun 30, 2025
    Area covered
    United States
    Description

    Natural gas prices (US) in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 2.41 USD per million British thermal units with a minimum of 0.14 USD per million British thermal units in January 1960 and a maximum of 13.52 USD per million British thermal units in October 2005. | TheGlobalEconomy.com

  15. T

    Gasoline - Price Data

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Aug 1, 2025
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    TRADING ECONOMICS (2025). Gasoline - Price Data [Dataset]. https://tradingeconomics.com/commodity/gasoline
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    Aug 1, 2025
    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
    Oct 3, 2005 - Aug 1, 2025
    Area covered
    World
    Description

    Gasoline fell to 2.11 USD/Gal on August 1, 2025, down 2.93% from the previous day. Over the past month, Gasoline's price has fallen 0.36%, and is down 9.53% compared to the same time last year, 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 August of 2025.

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

    • statista.com
    Updated Jul 10, 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/
    Explore at:
    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Jun 2025
    Area covered
    United States
    Description

    In June 2025, one gallon of diesel cost an average of 3.6 U.S. dollars in the United States. That was an increase compared to the month prior, but lower than prices in June 2024. 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.

  17. T

    Natural gas - Price Data

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Aug 1, 2025
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    TRADING ECONOMICS (2025). Natural gas - Price Data [Dataset]. https://tradingeconomics.com/commodity/natural-gas
    Explore at:
    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Aug 1, 2025
    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
    Apr 3, 1990 - Aug 1, 2025
    Area covered
    World
    Description

    Natural gas rose to 3.09 USD/MMBtu on August 1, 2025, up 0.10% from the previous day. Over the past month, Natural gas's price has fallen 11.31%, but it is still 57.26% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on August of 2025.

  18. Natural gas prices in the U.S. 2008-2024, by sector

    • statista.com
    Updated Jul 10, 2025
    + more versions
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    Statista (2025). Natural gas prices in the U.S. 2008-2024, by sector [Dataset]. https://www.statista.com/statistics/187308/average-price-for-natural-gas-in-the-us-by-sector-since-2005/
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    Dataset updated
    Jul 10, 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 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.

  19. U

    United States Natural Gas: Average Commercial Price: Florida

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Commercial Price: Florida [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
    Dec 1, 2023 - Dec 1, 2024
    Area covered
    United States
    Description

    Natural Gas: Average Commercial Price: Florida data was reported at 12.830 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 11.470 USD/1000 Cub ft for Dec 2024. Natural Gas: Average Commercial Price: Florida data is updated monthly, averaging 10.700 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 433 observations. The data reached an all-time high of 18.830 USD/1000 Cub ft in Nov 2005 and a record low of 4.430 USD/1000 Cub ft in May 1992. Natural Gas: Average Commercial Price: Florida 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.

  20. F

    US Regular Conventional Gas Price

    • fred.stlouisfed.org
    json
    Updated Jul 29, 2025
    + more versions
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    (2025). US Regular Conventional Gas Price [Dataset]. https://fred.stlouisfed.org/series/GASREGCOVM
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jul 29, 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 Conventional Gas Price (GASREGCOVM) from Sep 1990 to Jul 2025 about conventional, gas, commodities, and USA.

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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/
Organization logo

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

Explore at:
Dataset updated
Jul 28, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Apr 18, 2022 - Jul 28, 2025
Area covered
United States
Description

The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on July 28, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline remained unchanged 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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